294 Commercial Street Provincetown, MA $ 3,575,000
294 Commercial Street
$ 3,575,000
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294 Commercial Street

Provincetown, MA, 02657
$ 3,575,000
Bedrooms-- Baths-- Sq 5,443

Monthly Estimate*

$ 22,303

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Commercial Property for sale in Provincetown, MA

for $3,575,000. This 5,443 square foot building was built in 1880 on a lot size of 0.08.

Make Provincetown Your OWN with these two mixed use buildings featuring a combined 10 bedrooms and 6 baths, and a prime commercial space with a half bath in the heart of Provincetown's downtown commercial district! First time on the market in over 50 years. Building one consists of ground floor retail space (approx. 1500sf) that has housed Coconuts Sunglasses for over 36 years, the second floor is a newly renovated approx. 1288sf 3BR/1BA (#5), separate coin operated laundry room for all of the apartments, and the top floor is an approx. 870sf 2BR/1BA (#6) and features a large sun deck. Building two consists of an approx. 240sf studio (#3), two approx. 372sf and 520sf 1BR/1BAs (#1 and #4), an approx. 605sf 2BR/1BA (#2), and a two car garage. Property being sold AS IS. Generates gross rental income of over $300,000+ across all units with mostly short term rentals. Cap rate of 5.5%. Many new plumbing/heating and cooling updates and improvements including new roof for front building. Furnishings negotiable. Sewer betterment paid in full.

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Commercial Active

Price

$ 3,575,000

Property Type

Commercial

Taxes

$ 14,407

Style

Lot Size

0.08

Year Built

1880

Town/City

Provincetown

County/Region

Barnstable

MLS | Web ID

22405811

Features
General
Sewer Public Sewer
Heating Other
Cooling Other
Roof Asphalt Shingle Other Pitched Flat
Appliances Electric Water Heater
Zoning TCC
Construction Materials Clapboard Shingle Siding Sheet Rock
Year Built 1880
Stories Count 3
Township Provincetown
Property Subtype Mixed Use
Tax Year 2025
Current Use Mixed Retail
County Barnstable
Property Type Commercial Sale
HOA false
Garage Y/N false
Total Rooms 0
Status Active
Directions Standish Way to right on Commercial Street. 294 Commercial is on the right side and includes retail space where Coconuts Sunglasses is and 6 other apartments and a garage in a total of two buildings.
City Provincetown
High School District Provincetown
Number Of Units Total 7
Lot Size Units Acres
Lot Size Square Feet 3485
Tax Annual Amount 14407
Showing Instructions Call agent for appointment. 24 hours notice for occupied apartments. One apartment is year round one is rented for the winter season and 4 others are STRs with active rentals through New Years. Plea
Property Condition Updated/Remodeled
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Occupied
Middle/Junior School District Provincetown
Elementary School District Provincetown
Tax Assessed Value 2760000
Waterview Y/N Yes
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Interior
Basement None
Flooring Hardwood Tile Laminate Wood Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Display Window(s)
Fireplace Y/N false
Laundry Features Common Area Laundry Room
Below Grade Finished Area Unit Type Square Feet
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Exterior
Exterior Amenities Sign
Lot Features Conservation Area Major Highway Near Golf Course Shopping Public Tennis Marina In Town Location
Total Parking 1
Lot Size Area 0.08
Foundation Details Block Brick/Mortar
Number of Buildings 2
Building Area Total 5443
Lot Size Acres 0.08
Lot Size Source Field Card
Waterfront Y/N false
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* Excluded Features
List By
Joel J Harms

Listing Agent

William Raveis Real Estate & Home Services

Broker

joel.harms@raveis.com

Email

Affordability Calculator

$23,504
Per Month
95%
5%
0%
Monthly Principal & Interest
$22,303
Monthly Property Taxes
$1,201
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
8/20/2025$3,575,000 -3.25% Price Down
3/14/2025$3,695,000 -1.47% Price Down
2/18/2025$3,750,000 -2.60% Price Down
12/12/2024$3,850,000 Listed Price

Map


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294 Commercial Street, Provincetown, MA, 02657 is a Commercial Property for sale at $3,575,000 with 5,443 sqft and a lot size of 0.08. 294 Commercial Street was built in 1880. The property's zip code is 02657 which is in Provincetown, MA