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    FOR SALE
    Retail space

    251 Commercial St Provincetown, MA 02657

    4,598 SF Built 1900
    Entity Owned 2-yr Hold
    Property ID
    US38-1105971-01
    251 Commercial St, Provincetown, MA 02657 For Sale 1 / 69
    $3,249,000 4,598 SF
    251 Commercial St, Provincetown, MA 02657
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    Property summary
    AI-generated overview

    At the epicenter of Provincetown's commercial life, a rare opportunity to own a truly storied Commercial Street property. Prominently located on one of the town's coveted Golden Blocks, with 1,940+/- sq ft of high-visibility, street-level retail space, paired with 570+/- sq ft of well-designed storage--a valuable and uncommon combination in this location. Second floor features eight bedrooms, historically used for staff housing, with common areas and water views that reflect Provincetown's unmistakable character. The property totals 4,598+/- sq ft and opens onto iconic Gosnold Street, home to the beloved ''ART'' sign that leads straight to the beach--an instantly recognizable landmark woven into the fabric of the town. Owned by the same family for over 60 years, this building carries extraordinary provenance and cultural significance. Offered as real estate only (business not included), it presents an exceptional opportunity to continue its legacy as a classic Provincetown retail destination or to pursue a bold redevelopment vision. This is more than real estate--it is a piece of Provincetown history, offered as-is to those ready to define its next chapter.

    Property profile
    Verified
    Property type Retail space
    Year built 1900
    Total area 4,598 SF
    UPID US38-1105971-01
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    S & E Ventures LLC · 2 yrs held
    S & E Ventures LLC
    since 2023
    1 recorded transaction
    2023
    Price N/A
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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