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Financial
Distress signals
Property profile

315 Commercial St 1 Provincetown, MA 02657

FOR SALE
Other office properties
Property ID
US38-0278349
1,870 SF 0.07 ac lot Built 1900
Last sale Mar 2018 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A mixed-use property located on the corner of Commercial Street and Lopes Square, with frontage and street presence on Commercial Street. The first floor contains a 1,023-square-foot retail space. The upper level includes two units: a 450-square-foot warehouse/office space and a 398-square-foot one-bedroom residential unit with waterviews. The property supports uses consistent with retail on the ground floor and office/warehouse and residential uses on the upper level, and provides signage opportunities and available unit plan documentation.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$1.74M
Assessed improvement$1.74M
Effective rate0.52%

Value estimate

· Oct 2026
$505k
$455k – $556k
CAP approach$645k
Submarket $/SF estimate$647k
NOI build-up
Gross scheduled income$56k
Vacancy & credit loss−$1k
Operating expenses−$16k
NOI · 1.57% cap applied$38k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$225/SF
County average, outlier-cleaned · 238 recorded sales of this use type
Observed band · Q1–Q3$129 – $346
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1.57%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
TCC
To provide for dense commercial development in the downtown area consistent with the historic village character and pedestrian environment.
General categoryCOMMERCIAL
JurisdictionPROVINCETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.0
HVAC Service10.6
Dental Office9.1

Location

315 Commercial St, Unit 1 Provincetown, MA 02657
County assessor Recorded deeds · not on file 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 17 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
56 Howland, Provincetown, MA 02657-1607 $317,800 Aug 2020 1,995 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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