294 Commercial St Provincetown, MA 02657
Property profile & analytics
294 Commercial St Provincetown, MA 02657
- Investment properties
- 3,517 SF
- 0.08 lot acres
Property ID
US38-0541244
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Coconuts Sunglasses / Ophthalmologist / (Bike/Boat/Book/etc) Store
Property Details for 294 Commercial St
- Year built
- 1880
- Construction
- FRAME
- Lot size
- 0.08 lot acres
- Property size
- 3,517 SF
- Zone code
- TCC
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- PROV M:11-3 P:104
- APU
- PROVM113P104
Description
This exceptional Provincetown property presents a rare investment opportunity, boasting a combined 10 bedrooms and 6 bathrooms across two mixed-use buildings. Located in the heart of Provincetown's bustling downtown commercial district, this property offers a unique blend of commercial and residential income streams. The first building features approximately 1,500 square feet of ground-floor retail space, successfully occupied for over 36 years, complemented by newly renovated residential units: a 3-bedroom, 1-bathroom apartment (approximately 1,288 square feet), and a 2-bedroom, 1-bathroom apartment (approximately 870 square feet) with a large sun deck. A separate coin-operated laundry room serves all residential units. The second building comprises a studio apartment (approximately 240 square feet), two 1-bedroom, 1-bathroom apartments (approximately 372 and 520 square feet respectively), and a 2-bedroom, 1-bathroom apartment (approximately 605 square feet). A two-car garage is also included. The property sits on a 0.08-acre lot and totals 5,443 square feet. Significant recent improvements include new plumbing, heating, cooling systems, and a new roof for the front building. The property generates gross rental income exceeding $300,000 annually, primarily from short-term rentals, with some leases extending into the 2025 season. Sewer betterment fees are paid in full. The property is being sold "as is," and furnishings are negotiable. This is a truly exceptional opportunity to own a piece of Provincetown's vibrant commercial and residential landscape.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,672,000
Market price range: $384k - $2.46M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Provincetown
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.1864
- Latitude
- 42.0517
- CBSA code
- 12700
- CBSA name
- BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$0.00
$618,300
$1,738,600
$2,356,900
-
$0.00
$0.00
$0.00
