331 Commercial Street, Provincetown, MA 02657 (MLS# 21716394)

331 Commercial Street, Provincetown, MA 02657

$3,050,000

Property Type: Multi-Family Bedrooms: 9 Baths: 10 Square Footage: 4,582 Lot Size (sq. ft.): 11,326 Status: Closed

Current Price: $3,050,000 List Date: 10/12/2017 Last Modified: 9/25/2024

Overview

Description

Located in the heart of Provincetown, this waterfront mixed-use property consists of 2 commercial and 8 residential units. On Commercial St, there is a 1,110 sf retail space currently leased to Moda Fina; 277 sf 26-seat restaurant home to the Burger Queen; second-floor 642 sf 2BD/1BA; and third-floor 505 sf 1BD/1BA with vaulted ceiling. Facing the beach, there is a second-floor 527 sf 1BD/1BA with water views and exterior deck; and third-floor 470 sf studio with vaulted ceiling and deck overlooking the harbor. On the beach, there are 4 freestanding cottages: 173 sf studio with full-bath; 160 sf studio with full-bath; 338 sf 1BD/1BA with beachfront deck; and 380 sf 1BD/1BA with beachfront deck. Excellent rental history. Developers take note of this rare investment opportunity.

Listing Details MLS# 21716394

Contract Info

Original List Price: 3695000
List Price/SqFt: 752.95

Legal and Taxes

Street #: 331
Street Name: Commercial
Street Suffix: Street
County: Barnstable
Town: Provincetown
Village: Provincetown
State: MA
Zip Code: 02657
Tax ID: 11-3-3-0
Estimated Annual Taxes: 19850
Tax Year: 2017
Building Assessments: 569800
Other Assessments: 2082400
Total Assessment: 2652200
Betterment: 17540.16
Title Reference - Book: 27741
Title Reference - Page: 317
Lead Base Paint: Unknown
Flood Ins Required: Yes: verify w/insurance agent
Mass Use Code: 13 - Multiuse, predominantly residential

General Property Info

Region: Outer Cape
School District: Nauset
Zoning: TCC
Property Sub-Type: Multi Family
Year Built: 1900
Renovated: No
Total Finished Space: 4582
Additional SqFt Source: Estimated
Basement Area SqFt: 940
Total Rooms: 8
Stories: 3
Private Pool: No
Private Dock: No
Lot Size SqFt: 11326
Lot Size Source: Field Card
Acres: 0.26
Association: No
Garage: No
Year Round: Yes
Bedrooms - Total: 9
Baths - Full: 8
Baths - Half: 2
Baths - Total: 10
Waterfront: Yes
Waterview: Yes
Miles to Beach: 0 - .1

Status Change Info

Concessions: No
Date of Accepted Offer: 2017-12-19
Estimated Selling Date: 2018-02-15
Under Contract Date: 2018-01-19
Sold Date: 2018-02-15
Sold Price/SqFt: 665.65
SP/AV: 1.15

More Information

Property Features

Special Listing Cond: None Year Built Desc: Approximate Architectural Style: Other Basement Description: Full Foundation Details: Block; Concrete Perimeter; Piers; Slab Waterfront Desc: Bay; Harbor; Public; Salt Beach Description: Bay; Harbor Beach Ownership: Public Floors: Carpet; Hardwood Patio And Porch Features: Deck Roof Description: Asphalt; Flat; Pitched Siding Description: Aluminum Siding; Shingle; Vinyl Siding Sewer: Public Sewer Heating: None Cooling: None Fuel Type: None Water: Public Hot Water: Water Heater Hot Water Source: Electric

Listing Office: Kinlin Grover Real Estate

Listing Agent: Brett E Holmes

Last Updated: September - 25 - 2024

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