539 Commercial St - Storefront Retail/Residential CONDO FOR SALE


Provincetown, MA 02657
$2,650,000 USD
617-371-7276
539 Commercial St, Provincetown, MA for Sale
$2,650,000 USD
Storefront Retail/Residential CONDO - FOR SALE
1/37
null | Request Cap Rate

539 Commercial St
Provincetown, MA 02657


OVERVIEW

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.''

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$732 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

9,000 SF

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,011 SF

ZONING

RES3

APN/PARCEL ID

PROV-000015-000001-000005-000003,PROV-000015-000001-000005-000006,PROV-000015-000001-000005-000007,PROV-000015-000001-000005-000008

ASK ABOUT THIS PROPERTY

Michael HartwickGibson Sotheby's International RealtyMore Info
617-371-7276

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Michael HartwickGibson Sotheby's International RealtyMore Info
617-371-7276

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.