269 Commercial St Provincetown, MA 02657
- Commercial real estate
- 9,575 SF
Current Use by Public Records
- Tin Pan Alley / New American Restaurant / Restaurant
- Sargent's Wharf Parking Lot / Parking Lot / Parking Garage
Property Details for 269 Commercial St
- Year built
- 1890
- Property size
- 9,575 SF
- Property type
- Commercial real estate
Description
This exceptional mixed-use property, located at 269 Commercial Street in Provincetown, Massachusetts, is offered at $3,500,000. The 9,575 square foot building, constructed in 1890 and situated on a 3,049 square foot lot, enjoys a highly desirable waterfront location directly across from Town Hall. The property includes the land, building, improvements, established business (Tin Pan Alley Restaurant), equipment, and brand. The first floor houses a full-service restaurant featuring multiple seating areas, a front bar/entertainment area, and a commercial kitchen. The second and third floors comprise a four-bedroom residence. Significant recent improvements include upgraded mechanical systems, a new grease interceptor, windows, convection oven, boiler/heating system, and roof. This property benefits from high foot and vehicle traffic, strong financials, excellent signage, and prime frontage. Its central location in the heart of Provincetown offers a unique opportunity to live, work, and play in a vibrant waterfront setting. Alternatively, the property presents a compelling passive income investment opportunity through leasing. The property's combination of established business, residential space, and prime location makes it an exceptional investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Provincetown
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.1871039
- Latitude
- 42.0508991
