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    89 Shank Painter Rd Provincetown, MA 02657-1344
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    Property profile & analytics

    89 Shank Painter Rd Provincetown, MA 02657-1344


    • Showrooms
    • 7,392 SF
    • 0.32 lot acres
    Off-Market
    Property ID
    US38-2554242
    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.

    Value Estimations
    $1,430,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cape Tip Self Storage / Storage Facility

    Property Details for 89 Shank Painter Rd

    Year built
    2004
    Construction
    STEEL FRAME
    Lot size
    0.32 lot acres
    Property size
    7,392 SF
    Zone code
    GC
    Property type
    Showrooms
    APN
    PROV M:8-1 P:14
    APU
    PROVM81P14

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,720,000
      6.5%
      $1,585,000
      7%
      $1,475,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $970,000
      Market price range: $806k - $5.18M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Provincetown
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.1953
    Latitude
    42.0531
    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
    $5,220
    $478,200
    $523,800
    $1,002,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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