350 Commercial StProvincetown, MA 02657

Property Details for 350 Commercial St

Year built

1850

Construction

FRAME

Lot size

0.05 AC

Property size (Sq ft)

1,908 SF

Zone code

TCC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

PROV M:12-1 P:154

APU

PROVM121P154

Description

This exceptional 13-bedroom, 6-bathroom Federal-style home, built in 1800, is situated on a 2,614 sq ft lot at 350 Commercial Street in Provincetown, MA, zip code 02657. Currently licensed as a bed and breakfast accommodating up to 24 guests, this property offers immense potential. Its spacious layout and versatile floor plan allow for continued operation as a thriving B&B or conversion into a magnificent single-family residence. The property boasts a prime location, just steps from public beach access, offering both tranquility and convenient access to Provincetown's vibrant attractions. The asking price is $2,195,000, and the seller is open to offers with buyer concessions. This rare opportunity allows the buyer to own a piece of Provincetown's rich history and shape its future. The property's elegant architecture and spaciousness provide a blank canvas for the buyer's creative vision, whether it's continuing the legacy of hospitality or creating a personal coastal retreat. Don't miss this chance to acquire a truly unique property in one of Cape Cod's most desirable locations.

• CAP approach

  CAP return

  Valuation

  6%

  $315,449

  6.5%

  $291,184

  7%

  $270,385

• Comparable approach

  Method

  Valuation

  Relative Method

  $249,299

  Geo Method

  $249,299

• Alternative Use

  Use

  Valuation

  Residential

  $361,068

  Hospitality

  $330,737

  Educational

  $275,169

  Medical

  $284,632

  Retail

  $428,041

Location Insight

City

Provincetown

County

Barnstable

State

Massachusetts

Latitude

42.0531

Longitude

-70.1845

CBSA code

12700

CBSA name

BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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