$2,275,000 3,618 SF

539 Commercial St,Unit 1, Provincetown, MA 02657
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This Provincetown, Massachusetts waterfront restaurant is a year-round, full-service foodservice establishment situated in the East End and located within a condominium association. The licensed operation seats 126 guests and includes a full bar. The total building area is approximately 3,618 square feet, including basement storage, and the interior layout is divided into three dining areas: a 50-seat room with water frontage, a 26-seat seating area in the bar room, and a 50-seat street-front…

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?

$6k

Tax billed · 2024

Assessed value$1.16M

Assessed improvement$1.16M

Effective rate0.52%

Value estimate

· Oct 2026

$315k

$284k – $347k

CAP approach$775k

Submarket $/SF estimate$820k

NOI build-up

Gross scheduled income$78k

Vacancy & credit loss−$4k

Operating expenses−$19k

NOI · 2.45% cap applied$56k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?

$669/SF

ZIP average, outlier-cleaned · 84 recorded sales of this use type

Observed band · Q1–Q3$397 – $959

Qualifying comparables9

Cap rate analysis

How does the asset earn?

2.45%

$56k 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?

RES3

JurisdictionPROVINCETOWN

Location intelligence

Which uses thrive at this corner?

Best fit: HVAC Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

HVAC Service9.3

Plumbing Service8.8

Watch Repair Shop8.6

539 Commercial St, Unit 1 Provincetown, MA 02657

County assessor Recorded deeds · 4 transfers 9 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

6 recorded sales · 6 properties nearby

Address Sale price Sold Size

167 Commercial St, Provincetown, MA 02657-2144 $700,000 Jul 2024 1,505 SF

29 Bradford, Provincetown, MA 02657-1942 $2,806,000 Dec 2023 1,310 SF

175 Bradford St Extc1, Provincetown, MA 02657-1972 $241,100 Dec 2023 3,745 SF

179 Commercial St, Provincetown, MA 02657-2127 $1,000,000 Apr 2023 1,082 SF

386 Commercial, Provincetown, MA 02657-2319 $4,892,500 Sep 2022 3,106 SF

93 Commercial St S S, Provincetown, MA 02657-2053 $550,000 May 2022 964 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

Value Estimation
$420,000

2,233 SF

929 Commercial St, Unit B

COMMERCIAL CONDOMINUIM

929 Commercial St, Provincetown, MA 02657-1743

View Details
Value Estimation
$645,000

1,525 SF

170 Commercial St Ste, Unit 2

COMMERCIAL CONDOMINUIM

170 Commercial St Ste, Provincetown, MA 02657-2136

View Details
Value Estimation
$2,855,000

15,000 SF

207 Rte 6th 6

SHOW ROOM, WAREHOUSE

207 Rte 6th 6, Provincetown, MA 02657-1250

View Details
Value Estimation
$240,000

642 SF

349 Commercial St Ste B

COMMERCIAL CONDOMINUIM

349 Commercial St Ste B, Provincetown, MA 02657-2244

View Details
Value Estimation
$395,000

564 SF

355 Commercial St, Unit 4

COMMERCIAL CONDOMINUIM

355 Commercial St, Provincetown, MA 02657-2356

View Details
Value Estimation
$150,000

450 SF

852 Commercial St, Unit 6

COMMERCIAL CONDOMINUIM

852 Commercial St, Provincetown, MA 02657-1794

View Details