89 Shank Painter Rd, Provincetown, MA 02657-1344
This exceptional 0.32-acre property at 89 Shank Painter Rd, Provincetown, MA 02657, presents a rare investment opportunity in a highly desirable and competitive market. Built in 2004, the existing three-story, single-building structure currently operates as a self-storage facility, offering immediate income potential. The property boasts strong road frontage on two sides, benefiting from planned improvements to Shank Painter Road, positioning it as a main artery into downtown Provincetown. Its commercial zoning allows for flexible redevelopment options, presenting significant upside potential for future development. This is a generational real estate opportunity in one of Cape Cod's most sought-after and tightly held real estate markets. The location offers unparalleled access to the vibrant downtown area and the unique charm of Provincetown. The existing structure provides a solid foundation for continued operation as a self-storage facility or a complete redevelopment into various commercial uses. This is a unique chance to acquire a strategically located asset with significant long-term growth potential in a highly desirable and limited-inventory market. The property's prime location and flexible zoning make it an ideal investment for both seasoned developers and astute investors seeking a high-return opportunity in a thriving coastal community. Don't miss this chance to secure a piece of Cape Cod's coveted real estate landscape.
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Cape Tip Self Storage Storage Facility
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
GC · 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.