%
years
$ over payments

* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.

Provincetown MA

225 Commercial St Provincetown MA 02657
$1,750,000 | MLS #: 20903089

Property Description

This landmark, mixed-use waterfront property,is on the market for the first time in 20 years. The commercial space was fully renovated in 2002 and is being sold fully equipped for a take-out food service business in what is perhaps one of the very best downtown Commercial St. locations. The two large display windows enhance the street exposure. In back of the commercial space is a one bedroom apartment with a deck facing the water. The second level features an additional commercial space and huge deck overlooking the street. It is currently used as office and storage space by the owner. In back of this space is another apartment with high ceilings, a loft sleeping area & another deck facing the bay & the private beachfront with a Chapter 91 license in place. Many of the doors & windows were replaced & the property is on the sewer.

Directions to Property: Located to the immediate east of Seamen's Bank.

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General Information

Property Type: Comml/Indust/Busin

Property Subtype: Commercial

List Price: $1,750,000

Annual Tax: 11616 in 2010

Town: Provincetown

Village: Provincetown

County: Barnstable

Year Built: 1900 - Approximate

Square Footage: 3140

Lot Size Square Feet: 4443

Lot Size Acres: 0.102

Topography Lot Description: View

Flood Zone: Unknown

Condo: No

Zoning: TCC

Conforming Use: Yes

Business Details

Business Operating: Yes

Business with Real Estate: No

Number of Buildings: 1

Number of Stories: 2

Number of Units: 4

Business Includes: Equipment

Management Services:

Financing Available: No

License Registration: Not Applicable

Exterior

Building Construction: Wood Frame

Exterior Features: Display Window

Parking Description: No Parking

Siding Description: Shingle

Roof Description: Asphalt,Pitched

Interior

Basement: No Basement

Flooring: Concrete Slab,Wood

Walls: Sheet Rock

Foundation: Slab

Beach / Water Access

Water Access: Bay,Private

Water Front: Yes

Water Front Description: Bay,Harbor,Marina

Water View: Yes

Water View Description: Bay,Harbor,Marina

Beach Description: Bay,Harbor

Beach Ownership: Private

Convenient To: In Town Location

Miles to Beach: Beachfront

Mechanical

Heating Cooling: AC Other, Hot Water, Oil

Hot Water or Water Heat: Oil

Underground Fuel Tank: Unknown

Water: Town Water

Sewer: Public Sewer

Gas: On Site

Commercial Units

Commercial Units: Yes

Total Number of Commercial Units: 2

Financial Stmt Available: No

Commercial Unit 1

Type: Retail

Occupancy: Occupied

Features: Year Round

Commercial Unit 2

Occupancy: Occupied

Commercial Unit 3

Commercial Unit 4

Industrial Units

Industrial Units: No

Industrial Unit 1

Industrial Unit 2

Industrial Unit 3

Industrial Unit 4

Residential Units

Total Number of Residential Units: 2

Residential Units: Yes

Residential Unit 1

Type: Apartment

Occupancy: Occupied

Features: 1 Bath, 1 Bedroom, Year Round

Residential Unit 2

Type: Apartment

Occupancy: Occupied

Features: 1 Bath, 1 Bedroom, Year Round

Residential Unit 3

Residential Unit 4

Assessments / Betterment

To Be Assessed: Unknown

Land Assessments: $1,307,500

Improvement Assessment: $434,800

Total Assessments: $1,742,300

Annual Betterment: 392.54

Unpaid Betterment: 5382.21

Association

Present Use: Food Services

Copyright 2010 Disclaimer

Courtesy of Atlantic Bay Sotheby's Int'l R Gregg Russo

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