539 Commercial Street # Unit 1 Provincetown, MA ^$ 2,850,000

539 Commercial Street # Unit 1

^$ 2,850,000

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539 Commercial Street # Unit 1

Provincetown, MA, 02657

^$ 2,850,000

Studio Baths0.0 Sq 3,618

Monthly Estimate*

^$ 19,908

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Studio

Commercial Property for sale in Provincetown, MA

for $2,850,000. This 3,618 square foot building was built in 1900 on a lot size of 0.14.

Exciting opportunity to purchase one of Provincetown's most beloved and popular waterfront restaurants. Operated year-round and owned by the current owner for 23 years, this full service establishment is licensed for 126 seats with a full bar. With a total area of approximately 3,618 sq. ft., including the basement storage, the establishment features three distinct dining rooms. These include a 50-seat room situated directly on the water, another 26-seat area in the bar room, and a street-front room accommodating 50 seats. Nestled in the stable and well-run condominium association of Provincetown's East End, this immaculately maintained and spotlessly clean restaurant comes with exclusive rights to use nine valuable parking spaces on the property. However, it's important to note that this offering does not include the right to use the name ''Fanizzi's.''

Commercial Active

Price

^$ 2,850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,201

Style

Restaurant,Condominium

Lot Size

0.14

Year Built

1900

Town/City

Provincetown

County/Region

Barnstable

MLS | Web ID

22400275

Features

General

Sewer Public Sewer

Cooling Other

Utilities Cable Available High Speed Internet Electricity Available

Roof Asphalt Pitched Flat

Appliances Tankless Water Heater

Exterior Features Other

Zoning R3

HOA 2244.41

Construction Materials Shingle Siding Sheet Rock

Year Built 1900

Stories 3

Township Provincetown

Unit Number Unit 1

Property SubType Restaurant Condominium

Tax Year 2024

Current Use Restaurant

Business Type Condominium Commercial

Waterfront Features Bay

Assoc Fee Paid Per Monthly

County Barnstable

Property Type Commercial Sale

HOA / Comm Assn Yes

Garage Y/N No

Total Rooms 0

Status Active

Directions Travel E on Commercial street from the beginning. Building is on your left between Alerton and Atkins

City Provincetown

Body of Water Provincetown Harbor

High School District Provincetown

Total Units 7

Lot Size Square Feet 6098

Waterfront Y/N Yes

Street Name Commercial

Tax Annual Amount 6201

Property Condition Updated/Remodeled

Days on Market 65

Building Area Units Square Feet

Standard Status Active

Middle/Junior School District Provincetown

Elementary School District Provincetown

Tax Assessed Value 1155600

Waterview Y/N Yes

Interior

Basement Other Partial

Flooring Carpet Wood

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Street Suffix Street

Below Grade Finished Area Unit Type Square Feet

Living Area Units Square Feet

Exterior

Parking Features Assigned

Lot Features Marina

Water Source Public

Total Parking 9

Lot Size Area 0.14

Foundation Details Brick/Mortar Pilings

Number of Buildings 1

Building Area Total 3618

Lot Size Acres 0.14

Lot Size Units Acres

Lot Size Source Assessor

Open Parking Y/N No

* Excluded Features

List By

David M Nicolau

Listing Agent

Gibson Sotheby's International Realty

Broker

david.nicolau@gibsonsir.com

Affordability Calculator

$20,425

Per Month

Monthly Principal & Interest: $19,908
Monthly Property Taxes: $517
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Provincetown, MA

Average List Price ^$2,983,600

Percent of Sale Price 5%

About Provincetown, MA

3,120 Population

-9% Since 2002

^$47,305 Median Income

57.49 Median Age

6% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2200501 Elementary School

2200500 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/24/2024	$2,850,000		Listed Price

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539 Commercial Street # Unit 1, Provincetown, MA, 02657 is a Commercial Property for sale at $2,850,000 with 3,618 sqft and a lot size of 0.14. 539 Commercial Street # Unit 1 is a studio with 0.0 baths and was built in 1900. The property's zip code is 02657 which is in Provincetown, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker company. Neither the listing company nor Weichert Realtors shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/1/2024. All properties are subject to prior sale, changes, or withdrawal.

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539 Commercial Street # Unit 1

Commercial Property for sale in Provincetown, MA

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