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    Property profile & analytics

    303 Commercial St Provincetown, MA 02657-2202

    • Turn key restaurants
    • 2,807 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $1,630,000
    Last Sale
    Mar 05, 2021
    $1,675,000
    Location Intelligence
    Property ID
    US38-0355751
    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.

    Current Use by Public Records

    • Post Office Cafe & Cabaret / Cafe / Bar
    • Student Bodies Ptown MaleCall / Performing Arts Theater

    Property Details for 303 Commercial St

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.06 lot acres
    Property size
    2,807 SF
    Zone code
    TCC
    Property type
    Turn key restaurants
    APN
    PROV M:11-3 P:12
    APU
    PROVM113P12

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,600,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,750,000
      6.5%
      $1,700,000
      7%
      $1,510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,625,000
      Geo Method
      $1,655,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,835,000
      Retail
      $2,055,000
      Mixed-Use
      $1,935,000
      Hospitality
      $1,540,000
      Educational
      $1,895,000
      Residential Income
      $1,900,000
      Energy
      $1,655,000
      Income-Based Land
      $1,775,000
      Food Service
      $1,940,000

    Location Insight

    • Map
    • Local Demand
    City
    Provincetown
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.1859
    Latitude
    42.0515
    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
    $9,234
    $1,283,500
    $488,900
    $1,772,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,331 SF

      186 Commercial St

      RESTAURANT • 4,331 SF
      186 Commercial St, Provincetown, MA 02657-2117
      View Details
    • Value Estimation by Request
      2,109 SF

      5 Masonic Pl

      RESTAURANT • 2,109 SF
      5 Masonic Pl, Provincetown, MA 02657-1413
      View Details
    • Value Estimation by Request
      4,270 SF

      183-185 Commercial St

      RESTAURANT • 4,270 SF
      183-185 Commercial St, Provincetown, MA 02657
      View Details
    • Value Estimation by Request
      5,441 SF

      85 Shank Painter Rd

      RESTAURANT • 5,441 SF
      85 Shank Painter Rd, Provincetown, MA 02657-1344
      View Details
    • Value Estimation by Request
      8,293 SF

      321 Commercial St

      RESTAURANT • 8,293 SF
      321 Commercial St, Provincetown, MA 02657-2202
      View Details
    • Value Estimation by Request
      2,446 SF

      323 Commercial St

      RESTAURANT • 2,446 SF
      323 Commercial St, Provincetown, MA 02657-2202
      View Details

    Similar Nearby for Sale

    • $2,650,000

      Provincetown Waterfront Restaurant

      Iconic eatery, prime location, high returns.
      539 Commercial St, Provincetown, MA 02657
      View Details
    • $2,275,000

      Waterfront Restaurant Opportunity in Provincetown

      Established waterfront restaurant with full bar and multiple dining areas.
      539 Commercial St, Provincetown, MA 02657
      View Details
    • $1,400,000
      Pending

      Waterfront Restaurant Opportunity in Provincetown

      Restaurant property with waterfront patio and business assets for sale.
      179 Commercial St, Provincetown, MA 02657
      View Details
    • $1,250,000
      1,087 SF

      Provincetown Commercial Kitchen Opportunity

      Turnkey commercial kitchen and catering business for sale in Provincetown.
      43 Race Point Rd, Provincetown, MA 02657
      View Details
    • $619,000
      1,087 SF

      Turnkey Catering Business Opportunity

      Profitable catering business with commercial kitchen and growth potential.
      43 Race Point Rd, Provincetown, MA 02657
      View Details
    • $995,000
      1,548 SF

      Prime Commercial Space in Provincetown

      Rare retail condominium in downtown Provincetown, currently leased to established boutique.
      193 4&5, Provincetown, MA 02657
      View Details

    Similar Nearby for Lease

    • $100,000
      6,475 SF

      Waterfront Restaurant in Provincetown Available

      Provincetown waterfront restaurant for lease with harbor views.
      317 Commercial St, Provincetown, MA 02657
      View Details
    • $200,000
      7,566 SF

      Prime Provincetown Restaurant and Bar

      Iconic restaurant and bar in the heart of Provincetown.
      312 Commercial St, Provincetown, MA 02657
      View Details
    • $27,500
      Pending

      Prime Retail Space on Commercial

      Street-level retail space with frontage and patio in Provincetown.
      427 Commercial St, Provincetown, MA 02657
      View Details
    • $12,000 /Mo
      100 SF

      Retail/Office Space in Provincetown

      Professional retail or office space available immediately in Provincetown, MA.
      30 Conwell St, Provincetown, MA 02657
      View Details
    • $302 /Mo
      6,148 SF

      Prime Commercial Street Retail Space

      6,148 sq ft Restaurant Space - Lease
      265 Commercial St, Provincetown, MA 02657
      View Details
    • $90 SF/Yr
      100 SF

      Provincetown Professional Office Space

      Prime Office, Parking Included, Available Now
      30 Conwell St, Provincetown, MA 02657
      View Details
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    Provincetown, MA 02657-2202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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