174 Commercial Street, Provincetown, MA 02657 (MLS# 21807362)

174 Commercial Street, Provincetown, MA 02657

$2,440,000
Property Type: Commercial Square Footage: 3,980 Lot Size (sq. ft.): 7,667 Status: Closed
Current Price: $2,440,000 List Date: 9/25/2018 Last Modified: 9/29/2024

Description

The iconic White Wind Inn with a premier location on Provincetown's Commercial street, is offered for sale for only the 2nd time in 45 years. There are many possibilities for this special property - continue to operate as one of Provincetown's favorite inns; convert to a grand single family; reconfigure for a larger residence with short term rental rooms; or take advantage of the 7600 ft. lot to create multiple units. Under the current ownership, the property is run as a traditional bed-and-breakfast with a total of 12 rooms, all with private baths, 7 with fireplaces, 5 with private balconies, and 3 with water views. A freestanding retail space, known as the gazebo, is included in the sale. The inn offers multiple gathering spots for guests - the well celebrated front porch overlooking Commercial Street and peaks of Provincetown Harbor, side and rear patios, a dining room and great room with fireplace. The inn offers ample parking both on the the side and rear of the property. While the owners for the last 20 years have developed a strong repeat clientele, there is good upside potential for this business and opportunities for new owners to move the White Wind forward for decade

Supplements: ... to come! Note : Listing Agent is co-owner of the property.

More Information MLS# 21807362

Contract Info

List Price/SqFt: 652.01 Status: Closed Original List Price: 2795000 Sold Price: $2,440,000 Current Price: $2,440,000 List Date: 2018-09-24

Legal and Taxes

Town: Provincetown Village: Provincetown Estimated Annual Taxes: 17340.77 Building Assessments: 1756500 Other Assessments: 841400 Total Assessment: 2597900 Title Reference - Book: 11355 Title Reference - Page: 11 Underground Fuel Tank: Unknown Flood Ins Required: No Lead Base Paint: Unknown Asbestos: Unknown Mass Use Code: 10 - Multiple Use Property Street #: 174 Street Name: Commercial Street Suffix: Street County: Barnstable State: MA Zip Code: 02657 Tax ID: 7-2-139-0 Tax Year: 2019

General Property Info

Region: Outer Cape Primary Sub-Type: Bed & Breakfast School District: Nauset Secondary Sub-Type: Hotel/Motel Zoning: TCC Other Sub-Type: Residential w/Bus Renovated: Yes # of Buildings: 2 Year Renovated: 2001 Stories: 2 # of Units: 12 Condo: No Business w/Real Estate: Yes Lot Size SqFt: 7667 Lot Size Source: Field Card Acres: 0.18 Waterfront: No Waterview: Yes Water Body View: Other Waterview Type: Other Residential Units: Yes Total # Res Units: 1 Commercial Units: Yes Total # Comm Units: 13 Industrial Units: No Total # Industrial Units: 0 Total Finished Space: 3980 Year Built: 1845

Remarks & Misc

Public Remarks: The iconic White Wind Inn with a premier location on Provincetown's Commercial street, is offered for sale for only the 2nd time in 45 years. There are many possibilities for this special property - continue to operate as one of Provincetown's favorite inns; convert to a grand single family; reconfigure for a larger residence with short term rental rooms; or take advantage of the 7600 ft. lot to create multiple units. Under the current ownership, the property is run as a traditional bed-and-breakfast with a total of 12 rooms, all with private baths, 7 with fireplaces, 5 with private balconies, and 3 with water views. A freestanding retail space, known as the gazebo, is included in the sale. The inn offers multiple gathering spots for guests - the well celebrated front porch overlooking Commercial Street and peaks of Provincetown Harbor, side and rear patios, a dining room and great room with fireplace. The inn offers ample parking both on the the side and rear of the property. While the owners for the last 20 years have developed a strong repeat clientele, there is good upside potential for this business and opportunities for new owners to move the White Wind forward for decade Directions to Property: Route 6 west to Shank Painter, left on Shank Painte, left on Bradford, Right on Winthrop, property on the corner of Winthrop and Commercial

Status Change Info

Concessions: Yes Concessions Amount: 10000 Estimated Selling Date: 2020-04-13 Sold Price/SqFt: 613.07 SP/AV: 0.94 Under Contract Date: 2020-02-14 Sold Date: 2020-04-13 Sold Price: $2,440,000

Special Listing Cond

Broker-Agent/Owner: 1

Lot Features

Corner Lot: 1

Basement Description

Dirt Floor: 1 Interior Access: 1 Partial: 1

Building/Business

Business Name: White Wind Inn Years Established: 45

Present Use

Gift Shop: 1 Hotel/Motel: 1

Parking Features

Gravel: 1 Off Street: 1 Parking Lot: 1

Business Includes

Business Name: 1 Equipment: 1 Goodwill: 1 Owner Training: 1

Waterview Direction

East: 1 South: 1 West: 1

Foundation Details

Brick/Mortar: 1

Water View Desc

Bay: 1

Beach Description

Bay: 1

Beach Ownership

None: 1

Floors

Carpet: 1 Tile: 1

Walls

Plaster: 1 Sheet Rock: 1

Utilities

Cable: 1 Electricity: 1 Gas: 1 High Speed Internet: 1 Telephone: 1

Sewer

Private Sewer: 1

Exterior Features

Display Window: 1 Rear Entrance: 1 Sign: 1

Building Features

Private Yard: 1

Fencing

Fenced: 1

Roof Description

Asphalt: 1

Siding Description

Clapboard: 1 Shingle: 1

Heating

Hot Water: 1

Cooling

Central Air: 1

Fuel Type

Oil: 1

Water

Public: 1

Hot Water

Water Heater: 1

Hot Water Source

Electric: 1

Seasonal

Year Round: 1

Owner Living Qtrs

1 Bath: 1

Kitchen

Dishwasher: 1 Electric Stove: 1 Islands: 1 Microwave: 1 Refrigerator: 1

Miscellaneous

Deck - Some: 1 Dining Area - All: 1 Insulated Doors - Some: 1 Insulated Windows - Some: 1 TV - All: 1

Laundry

Dryer - Electric: 1 Storage Area: 1 Washer: 1

Baths

Full - All: 1 Individual: 1

Property Features

Special Listing Cond: Broker-Agent/Owner Present Use: Gift Shop; Hotel/Motel Business Includes: Business Name; Equipment; Goodwill; Owner Training Lot Features: Corner Lot Parking Features: Gravel; Off Street; Parking Lot Waterview Direction: East; South; West Water View Desc: Bay Beach Description: Bay Beach Ownership: None Floors: Carpet; Tile Walls: Plaster; Sheet Rock Foundation Details: Brick/Mortar Basement Description: Dirt Floor; Interior Access; Partial Building Features: Private Yard Fencing: Fenced Roof Description: Asphalt Siding Description: Clapboard; Shingle Heating: Hot Water Cooling: Central Air Fuel Type: Oil Water: Public Hot Water: Water Heater Hot Water Source: Electric Seasonal: Year Round Utilities: Cable; Electricity; Gas; High Speed Internet; Telephone Sewer: Private Sewer Owner Living Qtrs: 1 Bath Miscellaneous: Deck - Some; Dining Area - All; Insulated Doors - Some; Insulated Windows - Some; TV - All Laundry: Dryer - Electric; Storage Area; Washer Kitchen: Dishwasher; Electric Stove; Islands; Microwave; Refrigerator Baths: Full - All; Individual
Listing Office: William Raveis Real Estate & Home Services
Listing Agent: Robert Tosner
IDX
Last Updated: September - 29 - 2024
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