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296 Commercial StreetProvincetown, MA 02657MLS Number 22100346

  • Price: $3,500,000The price has recently decreased
  • 79 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.13% last updated on 2021-04-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657296 Commercial Provincetown MA 02657
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  • $3,500,000List Price
  • 0.1Acreage
  • 4410Square Feet
  • 1900Year Built
Mixed Use Commercial Investment Property with Guest House and High Viability Retail Space Now Available For Sale! Branded as ''The Lotus Guesthouse'', the site includes 12 guest suites that were recently renovated. King and Queen bedding compliments the 2 floors of spacious accommodations that are decorated with marble sinks and numerous gas fireplaces. Common areas to the rear are private, allowing guests to retreat to secluded nooks within steps of all of Provincetowns excitement. Views of Provincetown Harbor, Pilgrim Monument and Town Hall are visible from the suites.Located in the TRUE HEART of the downtown business district, the property enjoys tremendous foot and vehicle traffic year round. The vacant 2300 square foot retails space was formerly known as ''BODY BODY'' and has two beautiful display windows that mirror London's Selfridge style, The open floor plan allows for easy retail display and has substantial storage space to the rear of the unit. The property's location, condition, strong financial performance, frontage, signage and reputation make this an absolute must see. Potential Redevelopment to Condos to create Retail as a stand alone! Make you Dream Investment Now!
Listed by John E Ciluzzi of Premier Commercial

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More Info

Parking

  • Parking Spaces
  • Parking DescriptionNo Parking

Building

  • Year Built1900
  • Building NameLotus Guest House
  • Commercial UnitsYes
  • Industrial UnitsNo
  • Residential UnitsYes
  • Total Number Commercial Units13
  • Stories2
  • AsbestosUnknown
  • BasementCape Cod, Other - See Remarks, Partial
  • Number of Units13
  • CondoNo
  • FoundationPoured
  • Lead PaintUnknown
  • Square Feet4410
  • SQFT Source DisplayOwner

Utilities

  • Hot Water or Water HeatTank
  • WaterTown Water
  • Heat SystemElectric Baseboard, Other
  • CoolingCentral Air, Fixed Wall System
  • Fuel TypeElectric, Propane Gas
  • SewerPublic Sewer

Auction

  • Total Assessments$1,663,400
  • Improvement Assessment$691,000

Basic Information

  • Virtual TourView Tour
  • Date Listed01/26/2021
  • Property Type DisplayD
  • Business TypeMixed Use
  • List Price$3,500,000
  • Modification Date01/27/2021
  • Original Price$3,500,000
  • Years Established35 Years
  • Business OperatingYes
  • Present UseHotel/Motel, Mixed, Retail
  • MLS Number22100346
  • MLS StatusActive

Interior

  • WallsSheet Rock
  • FlooringCarpet, Hardwood, Laminate, Other - See Remarks

Exterior

  • Siding DescriptionClapboard
  • Exterior FeaturesOther - See Remarks, Out Storage, Outdoor Shower, Rear Entrance, Sign
  • Roof DescriptionPitched

Water Body

  • WaterfrontNo
  • Beach DescriptionNone
  • Water ViewYes
  • Water AccessNone

Other

  • Publish to Internet1
  • Title Reference Book5443-14
  • Business with Real EstateYes
  • Special List CondNone
  • View Count28

Location

  • Building Number296
  • StreetCommercial
  • Street SuffixStreet
  • VillageProvincetown
  • StateMA
  • Topography Lot DescriptionLevel
  • Zip02657
  • CountyBarnstable
  • TownProvincetown
  • Directions to PropertyBradford Street to Standish Street, head to water and take right on Commercial, property is right on Commercial Street

Property

  • Acreage0.1
  • Lot Size Square Feet4356
  • Number of Buildings1
  • Flood ZoneNot Verified
  • Lot Size SourceOwner
  • Underground Fuel TankUnknown
  • RenovatedYes

Amenities

  • Convenient ToIn Town Location, Shopping
  • UsmAmenitiesBasement, Water View

Photos

  • Number of Photos22
  • Last Picture Change Date Time01/27/2021

broker reciprocity The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than Across the Bay Real Estate are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor Across the Bay Real Estate shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless.

This site was last updated April 15, 2021. All properties are subject to prior sale, changes, or withdrawal.

Across the Bay Real Estate has chosen to display only certain towns and/or types or styles of properties. This site may not show all listings that are available through the Cape Cod & Islands Multiple Listing Service, Inc.

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