3 Race Rd, Provincetown, MA 02657-1332
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RES3 · Provincetown, MAProvincetown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.