336 Commercial Street 1, Provincetown, MA 02657 (MLS# 21609446)

336 Commercial Street 1, Provincetown, MA 02657

$2,650,000
Property Type: Commercial Square Footage: 15,491 Lot Size (sq. ft.): 19,166 Status: Closed
Current Price: $2,650,000 List Date: 10/29/2016 Last Modified: 9/29/2024

Overview

Description

Award winning Sage Inn and Lounge is a centrally-located, year-round Provincetown boutique hotel, intimate Lounge offering farm-to-table cuisine and event venue creating weddings & meetings with flair. The inn has 19 newly renovated & nicely appointed rooms, each with AC and individual climate control, flat screen TVs, private baths, and offering a variety of bed sizes & room types. The lounge offers a trendy and comfortable atmosphere in which patrons can relax, drink fine wines & herb-infused cocktails and dine on creative small plates that showcase ingredients from Sage's own on-site herb wall & local producers from throughout the region. The third prong of the business is a wonderful event space, in which to host weddings, meetings, fundraisers & all types of gatherings. Sage

Supplements: is proudly a green leader,with solar panels & electric car charging stations. Also has elevator. Strong financials are available to pre-qualified buyers, and there is even room for growth! Great business oppty

Listing Details MLS# 21609446

Contract Info

Original List Price
2925000
List Price/SqFt
188.82

Legal and Taxes

Street #
336
Street Modifier
R
Street Name
Commercial
Street Suffix
Street
Unit #
Yes
County
Barnstable
Town
Provincetown
Village
Provincetown
State
MA
Zip Code
02657
Tax ID
12-1-142-1-001
Estimated Annual Taxes
12339
Tax Year
2017
Building Assessments
1512800
Total Assessment
1512800
Betterment
26000
Title Reference - Book
25356
Title Reference - Page
72
Lead Base Paint
No
Flood Ins Required
Not Verified
Elevation Certificate
No
Mass Use Code
300 - Hotel

General Property Info

Region
Outer Cape
Primary Sub-Type
Hotel/Motel
Secondary Sub-Type
Restaurant
Other Sub-Type
Business w/Real Est
Zoning
TCC
# of Buildings
Yes
Stories
3
# of Units
19
Total Finished Space
15491
Additional SqFt Source
Unit Plan
Seating Capacity
101 or More
Condo
Yes
Association
Yes
Year Built
1990
Business w/Real Estate
Yes
Lot Size SqFt
19166
Lot Size Source
Field Card
Acres
0.44
# of Parking Spaces
5
Waterfront
No
Waterview
No
Residential Units
Yes
Total # Res Units
19
Commercial Units
Yes
Total # Comm Units
Yes
Industrial Units
No

Status Change Info

Concessions
No
Estimated Selling Date
2017-04-10
Under Contract Date
2017-03-29
Sold Date
2017-04-18
Sold Price/SqFt
171.07
SP/AV
1.75

Business Includes

Business Includes Comments
Artwork is excluded.

More Information

Property Features

Special Listing Cond: Standard Present Use: Hotel/Motel; Mixed; Restaurant Business Includes: Business Name; Equip Inventory Avl; Equipment; Goodwill Parking Features: Assigned; Driveway Beach Description: Bay; Harbor; None Beach Ownership: None Convenient To: In Town Location; Marina; Shopping Floors: Carpet; Tile; Wood Walls: Sheet Rock Foundation Details: Concrete Perimeter Basement Description: Full; Interior Access Building Const: Pre-cast Concrete; Wood Frame Building Features: Handicap Access; Private Yard Roof Description: Asphalt; Pitched Siding Description: Aluminum Siding; Vinyl Siding; Other - See Remarks Heating: Hot Water; Other Cooling: Wall Unit(s) Fuel Type: Propane Water: Public Hot Water: Water Heater Hot Water Source: Propane Gas Seasonal: Year Round Utilities: Cable; Electricity; Gas; High Speed Internet; Telephone Sewer: Public Sewer Gas: On Site Miscellaneous: Handicap Eqp'd - Some; TV - All Laundry: Dryer - Electric; Washer
IDX
Listing Office: Atlantic Bay Sotheby's Int'l R
Listing Agent: Emily Flax
Source MLS Verified
Last Updated: September - 29 - 2024
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