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
Basement: Yes
Assoc Fee Year: 0
# of Parking Spaces: 0

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

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.

Special Listing Cond

None: Yes

More Information

Year Built Desc

Approximate: Yes

Basement Description

Full: Yes

Architectural Style

Other: Yes

Waterfront Desc

Bay: Yes
Harbor: Yes
Public: Yes
Salt: Yes

Foundation Details

Block: Yes
Concrete Perimeter: Yes
Piers: Yes
Slab: Yes

Beach Description

Bay: Yes
Harbor: Yes

Beach Ownership

Public: Yes

Floors

Carpet: Yes
Hardwood: Yes

Sewer

Public Sewer: Yes

Roof Description

Asphalt: Yes
Flat: Yes
Pitched: Yes

Siding Description

Aluminum Siding: Yes
Shingle: Yes
Vinyl Siding: Yes

Heating

None: Yes

Cooling

None: Yes

Fuel Type

None: Yes

Water

Public: Yes

Hot Water

Water Heater: Yes

Hot Water Source

Electric: Yes

Patio And Porch Features

Deck: Yes

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

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

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