Property profile

3 Freeman St Provincetown, MA 02657

OFF-MARKET
Office Spaces
Property ID
US38-0356172
380 SF 0.11 ac lot Built 1980
Individually Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 390-square-foot special purpose property at 3 Freeman Street in Provincetown, MA, 02657, is now available for lease. Located in the heart of town, just steps from Commercial Street, this single-tenant space offers a newly refreshed, functional layout ideal for a multi-person office, retail business, or gallery. The property sits on a 0.11-acre lot (APN 12-1-140-002) and includes one designated parking space. Additional features include ample storage and a private restroom. The space is tenant-ready and easily shown. Lease terms are favorable, with no additional fees beyond electricity and WiFi, which are the tenant's responsibility. This is a unique opportunity to secure a prime location in a thriving commercial area. The property's central location provides excellent visibility and accessibility for customers and employees alike. Don't miss this chance to establish your business in a highly desirable Provincetown setting. Contact us today to schedule a viewing.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1980
Construction FRAME
Total area 380 SF
Lot 0.11 ac (4,962 SF)
Zoning code TCC
APN PROV M:12-1 P:140 E:003
UPID US38-0356172

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
  • Hair Salon Nail Salon

Location

3 Freeman St Provincetown, MA 02657-1442
Provincetown metro Census 10100 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2018
7 recorded transactions
2019
Price N/A
2018
Price N/A
2004
$1
2004
$145,000
2002
Price N/A
1997
$67,500
1987
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

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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