296 Commercial Street, Provincetown, MA 02657 (MLS# 22100346)
296 Commercial Street, Provincetown, MA 02657
$3,250,000
Property Type:
Commercial
Square Footage:
4,410
Lot Size (sq. ft.):
4,356
Status:
Closed
Current Price:
$3,250,000
List Date:
1/26/2021
Last Modified:
9/29/2024
Listing Details MLS# 22100346
Contract Info
- Original List Price
- 3500000
- List Price/SqFt
- 793.65
Legal and Taxes
- Street #
- 296
- Street Name
- Commercial
- Street Suffix
- Street
- County
- Barnstable
- Town
- Provincetown
- Village
- Provincetown
- State
- MA
- Zip Code
- 02657
- Tax ID
- 11-3-105-0
- Estimated Annual Taxes
- 11261
- Tax Year
- 2021
- Building Assessments
- 691000
- Total Assessment
- 1663400
- Title Reference - Book
- 5443-14
- Underground Fuel Tank
- Unknown
- Lead Base Paint
- Unknown
- Asbestos
- Unknown
- Flood Ins Required
- Not Verified
- Elevation Certificate
- No
- Mass Use Code
- 302 - Inn/Resort/Tourist Homes
- Other Assessments
- 0
General Property Info
- Region
- Outer Cape
- Primary Sub-Type
- Mixed Use
- Secondary Sub-Type
- Hotel/Motel
- Other Sub-Type
- Retail
- Zoning
- TCC
- # of Buildings
- Yes
- Stories
- 2
- # of Units
- 13
- Total Finished Space
- 4410
- Additional SqFt Source
- Owner
- Condo
- No
- Year Built
- 1900
- Renovated
- Yes
- Year Renovated
- 2010
- Business w/Real Estate
- Yes
- Lot Size SqFt
- 4356
- Lot Size Source
- Owner
- Acres
- 0.1
- Waterfront
- No
- Waterview
- Yes
- Water Body View
- Provincetown Harbor
- Waterview Type
- Bay/Harbor
- Residential Units
- Yes
- Commercial Units
- Yes
- Total # Comm Units
- 13
- Industrial Units
- No
- Property Includes Recording Devices
- No
Status Change Info
- Concessions
- No
- Estimated Selling Date
- 2021-08-31
- Under Contract Date
- 2021-05-15
- Sold Date
- 2021-08-18
- Sold Price/SqFt
- 736.96
- SP/AV
- 1.95
Convenient To
- Convenient to Water Body 1
- Cape Cod Bay
- In Town Location
- Yes
- Shopping
- Yes
Remarks & Misc
- Public Remarks
- Mixed Use Commercial Investment Property with Guest House and High Viability Retail Space Now Available For Sale! Branded as ''The Lotus Guesthouse'', the site includes 12 guest suites that were recently renovated. King and Queen bedding compliments the 2 floors of spacious accommodations that are decorated with marble sinks and numerous gas fireplaces. Common areas to the rear are private, allowing guests to retreat to secluded nooks within steps of all of Provincetowns excitement. Views of Provincetown Harbor, Pilgrim Monument and Town Hall are visible from the suites.Located in the TRUE HEART of the downtown business district, the property enjoys tremendous foot and vehicle traffic year round. The vacant 2300 square foot retails space was formerly known as ''BODY BODY'' and has two beautiful display windows that mirror London's Selfridge style, The open floor plan allows for easy retail display and has substantial storage space to the rear of the unit. The property's location, condition, strong financial performance, frontage, signage and reputation make this an absolute must see. Potential Redevelopment to Condos to create Retail as a stand alone! Make you Dream Investment Now!
- Directions to Property
- Bradford Street to Standish Street, head to water and take right on Commercial, property is right on Commercial Street
More Information
Special Listing Cond
- None
- Yes
Lot Features
- Level
- Yes
Basement Description
- Cape Cod
- Yes
- Partial
- Yes
- Other
- Yes
Building/Business
- Building Name
- Lotus Guest House
- Business Operating
- Yes
- Years Established
- 35 Years
- Conforming Use
- Yes
Present Use
- Hotel/Motel
- Yes
- Mixed
- Yes
- Retail
- Yes
Parking Features
- None
- Yes
Foundation Details
- Poured
- Yes
Beach Description
- None
- Yes
Beach Ownership
- None
- Yes
Floors
- Carpet
- Yes
- Hardwood
- Yes
- Laminate
- Yes
- Other
- Yes
Walls
- Sheet Rock
- Yes
Sewer
- Public Sewer
- Yes
Exterior Features
- Out Storage
- Yes
- Rear Entrance
- Yes
- Sign
- Yes
Building Features
- Outdoor Shower
- Yes
- Other
- Yes
Roof Description
- Pitched
- Yes
Siding Description
- Clapboard
- Yes
Heating
- Electric
- Yes
- Other
- Yes
Cooling
- Central Air
- Yes
- Wall Unit(s)
- Yes
Fuel Type
- Electric
- Yes
- Propane
- Yes
Water
- Public
- Yes
Hot Water
- Water Heater
- Yes
Hot Water Source
- Oil
- Yes
Seasonal
- Year Round
- Yes
Property Features
Special Listing Cond:
None
Present Use:
Hotel/Motel; Mixed; Retail
Lot Features:
Level
Parking Features:
None
Beach Description:
None
Beach Ownership:
None
Convenient To:
In Town Location; Shopping
Floors:
Carpet; Hardwood; Laminate; Other
Walls:
Sheet Rock
Foundation Details:
Poured
Basement Description:
Cape Cod; Partial; Other
Building Features:
Outdoor Shower; Other
Roof Description:
Pitched
Siding Description:
Clapboard
Heating:
Electric; Other
Cooling:
Central Air; Wall Unit(s)
Fuel Type:
Electric; Propane
Water:
Public
Hot Water:
Water Heater
Hot Water Source:
Oil
Seasonal:
Year Round
Sewer:
Public Sewer
Listing Office:
Premier Commercial
Listing Agent:
John E Ciluzzi
Last Updated: September - 29 - 2024
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