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Property profile & analytics
OFF-MARKET
Investment properties

350 Commercial St Provincetown, MA 02657-2333

1,908 SF 0.05 ac lot Built 1850
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US38-1238607
Property summary
AI-generated overview

This exceptional 13-bedroom, 6-bathroom Federal-style home, built in 1800, is situated on a 2,614 sq ft lot at 350 Commercial Street in Provincetown, MA, zip code 02657. Currently licensed as a bed and breakfast accommodating up to 24 guests, this property offers immense potential. Its spacious layout and versatile floor plan allow for continued operation as a thriving B&B or conversion into a magnificent single-family residence. The property boasts a prime location, just steps from public beach access, offering both tranquility and convenient access to Provincetown's vibrant attractions. The asking price is $2,195,000, and the seller is open to offers with buyer concessions. This rare opportunity allows the buyer to own a piece of Provincetown's rich history and shape its future. The property's elegant architecture and spaciousness provide a blank canvas for the buyer's creative vision, whether it's continuing the legacy of hospitality or creating a personal coastal retreat. Don't miss this chance to acquire a truly unique property in one of Cape Cod's most desirable locations.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1850
Construction FRAME
Total area 1,908 SF
Lot 0.05 ac (2,091 SF)
Zoning code TCC
APN PROV M:12-1 P:154
UPID US38-1238607
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
Current use
Occupant on record · Public records
  • Repurposed Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
F H Schulenburg T · 4 yrs held
F H Schulenburg T
since 2021
Last sale
$420,000
7 recorded transactions
2021
Price N/A
2006
Price N/A
2003
Price N/A
2002
Price N/A
2002
Price N/A
1999
$420,000
1992
Price N/A
Zoning & alternative use
TCC · Provincetown, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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