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Property profile & analytics
OFF-MARKET
Retail space
193 Commercial St Ste 6a, Provincetown, MA 02657-2138
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0863521
Property summary
AI-generated overview
This commercial condominium is located in the downtown area of Provincetown. The ground floor features a retail space with street presence and basement storage. Upstairs are two connected commercial spaces, offering flexible layouts and modern finishes. One space includes French doors opening onto Commercial Street, while the other features a deck with harbor views. The property is suitable for retail, office, or creative uses. The building combines visibility, versatility, and amenities in a central, high-traffic location. The lot size is 0.32 acres, and the living area is 2998 square feet. The zoning is TCC.
Property profile
Verified
Property type
Retail space
Use group
CONDOMINIUM OFFICES
Year built
1899
Construction
FRAME
Total area
955 SF
Lot
0.32 ac (14,113 SF)
Zoning code
TCC
APN
PROV M:11-1 P:6 E:1-06A
UPID
US38-0863521
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Roots Home & Gift (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
T & K RT Trust · 6 yrs held
T & K RT Trust
since 2020
3 recorded transactions
Zoning & alternative use
TCC · Provincetown, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Provincetown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Provincetown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,304
Tax year 2024
Assessed value
$250,200
Assessed 2024
Previous assessed
$250,200
+0.0% YoY
Effective rate
0.52%
On assessed value
Assessed improvement
$250,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1899
Construction
FRAME
Heating
ELECTRIC
Buildings
1
Stories
1
Rooms
1
Total area
955 SF
Lot
0.32 ac (14,113 SF)
Zoning code
TCC
APN
PROV M:11-1 P:6 E:1-06A
UPID
US38-0863521
Jurisdiction
PROVINCETOWN
Zoning & alternative use
TCC · Provincetown, MA
Zoning TCC · permitted uses
TCC · Provincetown, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Provincetown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1899
Construction
FRAME
Heating
ELECTRIC
Stories
1
Buildings
1
Rooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
T & K RT Trust
Trust
Free & Clear · 6 yrs held
Mailing address
1201 1ST ST N APT #702, JACKSONVILLE BEACH, FL 32250-8205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2020
—
T & K RT Trust
Anthony P Filiberto
Condominium Deed
related
—
May 9, 2008
—
Summer Coastline Nt
—
Deed Of Trust
related
$65,000 · Cape Cod Coop Bank
Oct 28, 2003
—
David W Dudley
—
Deed Of Trust
related
$150,000 · Seamens Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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