Commercial Real Estate Market in Provincetown, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
71 active listings and 657 off-market properties in Provincetown, MA. Commercial property asks $819/SF to buy and $23.90/SF/Yr to lease (based on 3 listings).
Market Trends
Provincetown, MA spans 9.7 square miles in Barnstable County, Massachusetts. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Barnstable County, office space asks $315/SF to buy. Office vacancy in Provincetown, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Barnstable County, retail space asks $373/SF to buy. Retail vacancy in Provincetown, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Provincetown, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Across Barnstable County, multifamily space asks $567/SF to buy. Multifamily vacancy in Provincetown, MA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 48.1%
- Commercial 40.9%
- Mixed use 6.1%
- Civic 4.6%
- Industrial 0.2%
Largest Zones share of zoned land by district
Provincetown, MA zones 1,375 acres across 9 districts. Commercial zoning covers 40.9% of zoned land, residential 48.1% and industrial 0.2%. The largest single district is Residential District 1 at 48.1%. For commercial buyers the practical constraint is that only 41.2% of land carries a commercial or industrial designation.
To provide for less dense residential development in the towns outlying areas.
Market overview
Demographics & Economy
Provincetown, MA has 3,664 residents in 4,778 households. Density runs 379 people per square mile. Median household income here is $104,500 and median gross rent $1,306 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Provincetown?
How much does it cost to lease commercial space in Provincetown?
What zoning applies to commercial property in Provincetown?
Where does Realmo's Provincetown market data come from?
Methodology & data sources
- Asking prices and medians
- There are 61 active for-sale and 10 active for-lease listings in Provincetown, MA. The medians are based on 50 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,375 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
