177 Commercial Street, Provincetown, MA 02657 (MLS# 21901190)

177 Commercial Street, Provincetown, MA 02657

$3,160,000
Property Type: Commercial Square Footage: 3,376 Lot Size (sq. ft.): 3,920 Status: Closed
Current Price: $3,160,000 List Date: 2/28/2019 Last Modified: 9/29/2024

Description

This bustling and popular West End restaurant and bar is located on Provincetown's picturesque waterfront. With a total of 94 seats, 30 in the popular bar and 64 in the water view dining room, this established, year-round, landmark property generates solid numbers. In addition to the commercial space, there is a penthouse apartment with a 400 s.f. deck with extraordinary harbor views. Real estate, equipment, licenses and goodwill included. Renovated building with approved variance for exterior deck for outside dining and Chapter 91 license. Great investment opportunity.

More Information MLS# 21901190

Contract Info

List Price/SqFt: 1005.63 Status: Closed Original List Price: 3895000 Sold Price: $3,160,000 Current Price: $3,160,000 List Date: 2019-02-28

Legal and Taxes

Town: Provincetown Village: Provincetown Estimated Annual Taxes: 15640.33 Building Assessments: 403400 Other Assessments: 0 Total Assessment: 403400 Betterment: 6221.94 Title Reference - Book: 28159 Title Reference - Page: 308 Underground Fuel Tank: No Flood Ins Required: Yes: verify w/insurance agent Lead Base Paint: Unknown Asbestos: Unknown Elevation Certificate: No Mass Use Code: 10 - Multiple Use Property Street #: 177 Street Name: Commercial Street Suffix: Street County: Barnstable State: MA Zip Code: 02657 Tax ID: 11-1-12-0 Tax Year: 2021

General Property Info

Region: Outer Cape Primary Sub-Type: Restaurant School District: Provincetown Secondary Sub-Type: Residential w/Bus Zoning: TCC Other Sub-Type: Restaurant Renovated: Yes # of Buildings: 1 Year Renovated: 2011 Stories: 2 Field Card SqFt: 3376 Seating Capacity: 101 or More Condo: No Association: No Business w/Real Estate: Yes Lot Size SqFt: 3920 Lot Size Source: Assessor Acres: 0.09 Waterfront: Yes Water Body: Other Waterfront Type: Other Waterview: Yes Water Body View: Other Waterview Type: Other Residential Units: Yes Commercial Units: Yes Industrial Units: No Total # Industrial Units: 6 Property Includes Recording Devices: No Total Finished Space: 3376 Year Built: 1900

Remarks & Misc

Public Remarks: This bustling and popular West End restaurant and bar is located on Provincetown's picturesque waterfront. With a total of 94 seats, 30 in the popular bar and 64 in the water view dining room, this established, year-round, landmark property generates solid numbers. In addition to the commercial space, there is a penthouse apartment with a 400 s.f. deck with extraordinary harbor views. Real estate, equipment, licenses and goodwill included. Renovated building with approved variance for exterior deck for outside dining and Chapter 91 license. Great investment opportunity. Directions to Property: Travel E on Rt 6 Take left at lights on Conwell, follow to Bradford Street. Right on Bradford, left on Ryder, Right on Commercial follow Commercial unit you come to the property on your left.

Status Change Info

Concessions: No Estimated Selling Date: 2022-08-05 Sold Price/SqFt: 936.02 SP/AV: 7.83 Under Contract Date: 2021-11-07 Sold Date: 2022-08-03 Sold Price: $3,160,000

Special Listing Cond

None: 1

Lot Features

Level: 1

Basement Description

Finished: 1 Full: 1 Interior Access: 1 Locked Storage: 1 Walk-Out Access: 1

Building/Business

Business Name: Bayside Betsy's Business Operating: Yes Conforming Use: Yes

Present Use

Food Services: 1 Mixed: 1 Restaurant: 1 Present Use Comments: 94 seat rest and large one bedroom/loft

Parking Features

None: 1

Business Includes

Business Includes Comments: equimpment necessary to run rest that are not leased Business Name: 1 Equip Inventory Avl: 1 Equipment: 1 Goodwill: 1

Waterview Direction

South: 1

Waterfront Desc

Harbor: 1 Public: 1 Salt: 1

Foundation Details

Brick/Mortar: 1 Other: 1

Water View Desc

Harbor: 1 Marina: 1 Public: 1 Salt: 1

Beach Description

Harbor: 1

Convenient To

In Town Location: 1 Marina: 1 Shopping: 1

Beach Ownership

None: 1

Floors

Carpet: 1 Vinyl: 1 Wood: 1

Walls

Sheet Rock: 1

Utilities

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

Sewer

Public Sewer: 1

Building Const

Wood Frame: 1

Exterior Features

Sign: 1

Building Features

Other: 1

Roof Description

Asphalt: 1 Flat: 1 Membrane: 1 Pitched: 1 Shingle: 1

Siding Description

Clapboard: 1 Shingle: 1

Heating

Hot Water: 1

Cooling

Other: 1

Fuel Type

Oil: 1 Propane: 1

Water

Public: 1

Hot Water

Water Heater: 1

Hot Water Source

Electric: 1 Oil: 1

Seasonal

Year Round: 1

Owner Living Qtrs

1 Bath: 1 1 Bedroom: 1 Attached: 1 Year Round: 1

Miscellaneous

CATV - All: 1 Deck - All: 1 Deck - Some: 1 Dining Area - All: 1 Dining Area - Some: 1 Handicap Eqp'd - All: 1 Insulated Doors - All: 1 Insulated Doors - Some: 1 Insulated Windows - All: 1 Insulated Windows - Some: 1 Phone - All: 1 Screens - All: 1 Screens - Some: 1 TV - All: 1 TV - Some: 1

Property Features

Special Listing Cond: None Present Use: Food Services; Mixed; Restaurant Business Includes: Business Name; Equip Inventory Avl; Equipment; Goodwill Lot Features: Level Parking Features: None Waterfront Desc: Harbor; Public; Salt Waterview Direction: South Water View Desc: Harbor; Marina; Public; Salt Beach Description: Harbor Beach Ownership: None Convenient To: In Town Location; Marina; Shopping Floors: Carpet; Vinyl; Wood Walls: Sheet Rock Foundation Details: Brick/Mortar; Other Basement Description: Finished; Full; Interior Access; Locked Storage; Walk-Out Access Building Const: Wood Frame Building Features: Other Roof Description: Asphalt; Flat; Membrane; Pitched; Shingle Siding Description: Clapboard; Shingle Heating: Hot Water Cooling: Other Fuel Type: Oil; Propane Water: Public Hot Water: Water Heater Hot Water Source: Electric; Oil Seasonal: Year Round Utilities: Cable; Electricity; High Speed Internet; Telephone Sewer: Public Sewer Owner Living Qtrs: 1 Bath; 1 Bedroom; Attached; Year Round Miscellaneous: CATV - All; Deck - All; Deck - Some; Dining Area - All; Dining Area - Some; Handicap Eqp'd - All; Insulated Doors - All; Insulated Doors - Some; Insulated Windows - All; Insulated Windows - Some; Phone - All; Screens - All; Screens - Some; TV - All; TV - Some
Listing Office: Gibson Sotheby's International Realty
Listing Agent: David M Nicolau
IDX
Last Updated: September - 29 - 2024
Broker Attribution: david.nicolau@gibsonsir.com

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