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
Documents
Listing Office:
William Raveis Real Estate & Home Services
Listing Agent:
Robert Tosner
Last Updated: September - 29 - 2024
All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS, Inc include the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS, Inc shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. This site was last updated 02/14/2017. All properties are subject to prior sale, changes, or withdrawal. Copyright 2020© Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved

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