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    OFF-MARKET
    Commercial real estate

    3 Race Rd, Provincetown, MA 02657-1332

    160 SF 0.18 ac lot Built 1880
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US38-1630463
    Property summary
    AI-generated overview

    This unique commercial property presents a rare opportunity in Provincetown: a renovated single-stall attached garage. Spanning 160 square feet, this meticulously updated space boasts dimensions of approximately 16 feet deep and 10 feet wide, offering a generous garage door clearance of 87.5 inches. Undergoing extensive renovations in 2024, the garage now features a brand-new overhead door complete with an opener and remote control for effortless access. Further enhancements include a fresh roof, updated siding, trim, doors, and storm doors, all contributing to its modern appeal. New lighting fixtures have also been installed. Located at 3 Race Road, Unit U4, Provincetown, MA, this property sits on a 0.18-acre lot. It's important to note that this garage is on a separate unit deed. However, the right of first refusal to purchase this garage is held by the buyer of residential Unit C at the same address (MLS#22405882). Backup offers will be considered. This presents a compelling investment opportunity for those seeking a secure and well-maintained garage space in a highly desirable location. The property's recent renovations ensure a move-in ready condition, minimizing any immediate maintenance needs. The convenient size and location make it ideal for various uses, from personal storage to potential small-scale commercial applications.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL CONDOMINUIM
    Year built 1880
    Construction FRAME
    Total area 160 SF
    Lot 0.18 ac (7,828 SF)
    Zoning code RES3
    APN PROV M:7-1 P:56 E:1-003
    UPID US38-1630463
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Christopher Hannegan · 1 yrs held
    Christopher Hannegan
    since 2025
    Last sale
    $35,000
    4 recorded transactions
    2025
    2025
    $167,000
    2023
    $35,000
    2023
    $75,000
    Zoning & alternative use
    RES3 · Provincetown, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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