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    FOR SALE
    Commercial real estate

    269 Commercial St, Provincetown, MA 02657

    9,575 SF Built 1890
    Entity Owned 3-yr Hold
    Property ID
    US38-2552951
    Property summary
    AI-generated overview

    Center of Town, Mixed Use Waterfront Property in Provincetown overlooking Provincetown Harbor is now available for sale. The sale includes the business and real estate. 269 -271 Commercial Street sits directly across from Town Hall in the absolute center of the Provincetown market. The sale includes the land, building, improvements, business, equipment and brand known as Tin Pan Alley Restaurant. The first floor consists of a full service restaurant with multiple seating areas, front bar / entertainment area and commercial kitchen. The second and third floors consist of a four bedroom residence. The 3,427 square foot building is situated on a 3,255 square foot lot. The property enjoys its location with the benefit of high foot and vehicle traffic. Substantial improvements including but not limited to mechanicals, new grease interceptor, windows, convection oven, boiler / heating system, roof and much much more! Strong financials, location, signage, frontage, and condition make this a MUST SEE for anyone looking for their DREAM Beachfront Restaurant location in Provincetown. Live, Work and Play at your waterfront property! Or purchase and lease out for a passive income investment!

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1890
    Total area 9,575 SF
    UPID US38-2552951
    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
    • Tin Pan Alley Restaurant
    • Sargent's Wharf Parking Lot Parking Lot & Garage
    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
    Peggy Holdings LLC · 3 yrs held
    Peggy Holdings LLC
    since 2023
    2 recorded transactions
    2023
    $2.5M
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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