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Property profile

12 Winthrop St Provincetown, MA 02657

FOR SALE
Other investment properties
Property ID
US38-0153443
6,674 SF 0.15 ac lot Built 1850
Last sale Feb 2022 · $2,601,450
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Mercury Hotel is a hospitality property built in 1850, located at 12 Winthrop Street in Provincetown’s West End neighborhood. The building is configured with 14 guest rooms, including three suites, with a mix of king and queen accommodations, and includes dedicated guest and operational support spaces for on-site management. Building improvements include outdoor amenities such as a rooftop deck and a second-floor deck, along with a rear sitting area, two staff rooms, and storage areas.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2016

What does the county charge?
$11k
Tax billed · 2016
Assessed value · 2024$3.13M
Assessed land$1.53M
Assessed improvement$1.60M
Effective rate0.35%

Value estimate

· Oct 2026
$2.44M
$2.20M – $2.68M
AI approach$2.25M
Submarket $/SF estimate$3.39M
NOI build-up
Gross scheduled income$200k
Vacancy & credit loss−$24k
Operating expenses−$93k
NOI · 1.42% cap applied$84k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$669/SF
ZIP average, outlier-cleaned · 84 recorded sales of this use type
Observed band · Q1–Q3$397 – $959
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1.42%
$84k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RES3
JurisdictionPROVINCETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.5
Watch Repair Shop8.6
Auto Repair Shop8.5

Location

12 Winthrop St Provincetown, MA 02657
County assessor Recorded deeds · 9 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
500 Commercial, Provincetown, MA 02657-2439 $3,750,000 Oct 2023 5,978 SF
131 Commercial St, Provincetown, MA 02657-2029 $3,186,000 Jun 2023 5,850 SF
265 Commercial, Provincetown, MA 02657-2201 $2,780,000 Mar 2023 6,148 SF
290 Commercial, Provincetown, MA 02657-2248 $2,500,000 Dec 2022 5,304 SF
12 Johnson, Provincetown, MA 02657-2312 $6,200,000 May 2022 3,955 SF
314 Commercial, Provincetown, MA 02657-2209 $3,640,476 Apr 2022 4,664 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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