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

Overview

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 t ...

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

Listing Details MLS# 21807362

Contract Info

Original List Price
2795000
List Price/SqFt
652.01

Legal and Taxes

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

General Property Info

Region
Outer Cape
Primary Sub-Type
Bed & Breakfast
Secondary Sub-Type
Hotel/Motel
Other Sub-Type
Residential w/Bus
School District
Nauset
Zoning
TCC
# of Buildings
2
Stories
2
# of Units
12
Total Finished Space
3980
Condo
No
Year Built
1845
Renovated
Yes
Year Renovated
2001
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
Yes
Commercial Units
Yes
Total # Comm Units
13
Industrial Units
No
Total # Industrial Units
0

Status Change Info

Concessions
Yes
Concessions Amount
10000
Estimated Selling Date
2020-04-13
Under Contract Date
2020-02-14
Sold Date
2020-04-13
Sold Price/SqFt
613.07
SP/AV
0.94

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

Special Listing Cond

Broker-Agent/Owner
Yes

More Information

Lot Features

Corner Lot
Yes

Basement Description

Dirt Floor
Yes
Interior Access
Yes
Partial
Yes

Building/Business

Business Name
White Wind Inn
Years Established
45

Present Use

Gift Shop
Yes
Hotel/Motel
Yes

Parking Features

Gravel
Yes
Off Street
Yes
Parking Lot
Yes

Business Includes

Business Name
Yes
Equipment
Yes
Goodwill
Yes
Owner Training
Yes

Waterview Direction

East
Yes
South
Yes
West
Yes

Foundation Details

Brick/Mortar
Yes

Water View Desc

Bay
Yes

Beach Description

Bay
Yes

Beach Ownership

None
Yes

Floors

Carpet
Yes
Tile
Yes

Walls

Plaster
Yes
Sheet Rock
Yes

Utilities

Cable
Yes
Electricity
Yes
Gas
Yes
High Speed Internet
Yes
Telephone
Yes

Sewer

Private Sewer
Yes

Exterior Features

Display Window
Yes
Rear Entrance
Yes
Sign
Yes

Building Features

Private Yard
Yes

Fencing

Fenced
Yes

Roof Description

Asphalt
Yes

Siding Description

Clapboard
Yes
Shingle
Yes

Heating

Hot Water
Yes

Cooling

Central Air
Yes

Fuel Type

Oil
Yes

Water

Public
Yes

Hot Water

Water Heater
Yes

Hot Water Source

Electric
Yes

Seasonal

Year Round
Yes

Owner Living Qtrs

1 Bath
Yes

Kitchen

Dishwasher
Yes
Electric Stove
Yes
Islands
Yes
Microwave
Yes
Refrigerator
Yes

Miscellaneous

Deck - Some
Yes
Dining Area - All
Yes
Insulated Doors - Some
Yes
Insulated Windows - Some
Yes
TV - All
Yes

Laundry

Dryer - Electric
Yes
Storage Area
Yes
Washer
Yes

Baths

Full - All
Yes
Individual
Yes

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
IDX
Listing Office: William Raveis Real Estate & Home Services
Listing Agent: Robert Tosner
Last Updated: September - 29 - 2024
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