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
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.
More Information MLS# 21716394
Contract Info
List Price/SqFt: 752.95
Status: Closed
Original List Price: 3695000
Sold Price: $3,050,000
Current Price: $3,050,000
List Date: 2017-10-11
Legal and Taxes
Town: Provincetown
Village: Provincetown
Estimated Annual Taxes: 19850
Building Assessments: 569800
Other Assessments: 2082400
Total Assessment: 2652200
Betterment: 17540.16
Title Reference - Book: 27741
Title Reference - Page: 317
Flood Ins Required: Yes: verify w/insurance agent
Lead Base Paint: Unknown
Mass Use Code: 13 - Multiuse, predominantly residential
Street #: 331
Street Name: Commercial
Street Suffix: Street
County: Barnstable
State: MA
Zip Code: 02657
Tax ID: 11-3-3-0
Tax Year: 2017
General Property Info
Region: Outer Cape
School District: Nauset
Zoning: TCC
Property Sub-Type: Multi Family
Renovated: No
Stories: 3
Total Rooms: 8
Additional SqFt Source: Estimated
Basement: Yes
Basement Area SqFt: 940
Baths - Half: 2
Association: No
Private Dock: No
Private Pool: No
Lot Size SqFt: 11326
Lot Size Source: Field Card
Acres: 0.26
Assoc Fee Year: 0
Garage: No
# of Parking Spaces: 0
Year Round: Yes
Waterfront: Yes
Waterview: Yes
Miles to Beach: 0 - .1
Year Built: 1900
Total Finished Space: 4582
Bedrooms - Total: 9
Baths - Full: 8
Baths - Total: 10
Remarks & Misc
Public Remarks: 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.
Directions to Property: Located across from the Patio Restaurant, between Arnold's Bike Shop and Edwige.
Status Change Info
Concessions: No
Date of Accepted Offer: 2017-12-19
Estimated Selling Date: 2018-02-15
Sold Price/SqFt: 665.65
SP/AV: 1.15
Under Contract Date: 2018-01-19
Sold Date: 2018-02-15
Sold Price: $3,050,000
Special Listing Cond
None: 1
Year Built Desc
Approximate: 1
Basement Description
Full: 1
Architectural Style
Other: 1
Waterfront Desc
Bay: 1
Harbor: 1
Public: 1
Salt: 1
Foundation Details
Block: 1
Concrete Perimeter: 1
Piers: 1
Slab: 1
Beach Description
Bay: 1
Harbor: 1
Beach Ownership
Public: 1
Floors
Carpet: 1
Hardwood: 1
Sewer
Public Sewer: 1
Roof Description
Asphalt: 1
Flat: 1
Pitched: 1
Siding Description
Aluminum Siding: 1
Shingle: 1
Vinyl Siding: 1
Heating
None: 1
Cooling
None: 1
Fuel Type
None: 1
Water
Public: 1
Hot Water
Water Heater: 1
Hot Water Source
Electric: 1
Patio And Porch Features
Deck: 1
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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