Property profile

296 Commercial St Provincetown, MA 02657

OFF-MARKET
Hotels
Property ID
US38-1274497
4,763 SF 0.1 ac lot Built 1900
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL-RESORT
Year built 1900
Construction FRAME
Total area 4,763 SF
Lot 0.1 ac (4,225 SF)
Zoning code TCC
APN PROV M:11-3 P:105
UPID US38-1274497

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing Store
  • Clothing Store
  • Hotel & Motel
  • Clothing & Fashion Store

Location

296 Commercial St Provincetown, MA 02657-2204
Provincetown metro Census 10100 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.36M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.11M

Owner & transaction history

since 2023
Last sale
$3.3M
5 recorded transactions
2023
$1.7M
2021
$3.3M
2002
Price N/A
1996
Price N/A
1995
Price N/A

Zoning & alternative use

TCC · Provincetown, MA
Zoning description

To provide for dense commercial development in the downtown area consistent with the historic village character and pedestrian environment.

General category COMMERCIAL
Top alternative use upside
Commercial (general) $3.2M +103.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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