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    265 Commercial St Provincetown, MA 02657

    Sponsored
    For Lease
    $302 /Mo

    6,148 sq ft Restaurant Space - Lease

    Lot size:
    6,148 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,148 square foot retail space, located at 265 Commercial Street, offers a unique opportunity for a discerning tenant. Currently configured as a restaurant, this single-tenant property boasts a prime location directly across from Provincetown Town Hall, ensuring high visibility and foot traffic. The space extends from Commercial Street to the waterfront, providing unparalleled exposure and a captivating setting. With a generous 3,047 square feet facing Commercial Street and an additional rear area, this property presents versatile options for a variety of businesses. The 0.09-acre lot is ideally situated within easy walking distance of the US Post Office, banks, numerous restaurants, shops, a grocery store, whale watching tours, and the Boston Ferry Service. High vehicular and pedestrian traffic counts make this an unparalleled location for any retailer seeking to establish or expand their presence in Provincetown. Floor plans are available upon request for qualified tenants. The property's prominent signage opportunities, street frontage, and excellent condition further enhance its appeal. Available for occupancy January 1, 2024. This is a truly exceptional opportunity in a highly sought-after location. The APN is 11-3-23-0.

    Property Features for 265 Commercial St

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,148 SF
    Total Rate
    302.54

    Unit(s) available at that property

    Space
    Size
    6,148 SF
    Rate per SF
    $302

    HighLights

    • Special Purpose Property, Single Tenant Occupancy.
    • 6,148 square foot building.
    • 0.09‑acre lot.
    • APN: 11‑3‑23‑0.
    • First‑floor retail space available January 1, 2024.
    • Prime Commercial Street location across from Provincetown Town Hall.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Provincetown
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.1871853
    Latitude
    42.0508671

    Nearby Comparable

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    Nearby Similar for Lease

    • $100,000
      6,475 SF

      Waterfront Restaurant in Provincetown Available

      Provincetown waterfront restaurant for lease with harbor views.
      317 Commercial St, Provincetown, MA 02657
      View Details
    • $200,000
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      Prime Provincetown Restaurant and Bar

      Iconic restaurant and bar in the heart of Provincetown.
      312 Commercial St, Provincetown, MA 02657
      View Details
    • $12,000 /Mo
      100 SF

      Retail/Office Space in Provincetown

      Professional retail or office space available immediately in Provincetown, MA.
      30 Conwell St, Provincetown, MA 02657
      View Details
    • $625 /Mo
      60 SF

      Professional Office Space Available

      Office space for rent, ideal for therapists or small office.
      30 Conwell St, Provincetown, MA 02657
      View Details
    • $27,500
      Pending

      Prime Retail Space on Commercial

      Street-level retail space with frontage and patio in Provincetown.
      427 Commercial St, Provincetown, MA 02657
      View Details
    • $90 SF/Yr
      100 SF

      Provincetown Professional Office Space

      Prime Office, Parking Included, Available Now
      30 Conwell St, Provincetown, MA 02657
      View Details

    FAQs

    What type of property is this?
    Specialty property - 6,148 sq ft Restaurant Space - Lease
    Where is this specialty property located?
    The property is located at 265 Commercial St Provincetown, MA.
    What is the lease rate?
    The lease rate is $302 /Mo.
    What are key features of this property?
    This property features: Special Purpose Property, Single Tenant Occupancy.; 6,148 square foot building.; 0.09-acre lot.
    Request Owner's contact information
    265 Commercial St Provincetown, MA 02657
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    Provincetown, MA 02657
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    265 Commercial St Provincetown, MA 02657
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