437 Commercial Street, Provincetown, MA 02657 (MLS# 22007997)
437 Commercial Street, Provincetown, MA 02657
$3,500,000
Property Type:
Commercial
Square Footage:
5,775
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$3,500,000
List Date:
1/22/2021
Last Modified:
9/29/2024
Overview
Description
Welcome to Poor Richard's Landing, a very rare offering on the waterfront in Provincetown's East End gallery district. The property comprised of four buildings, including two wharves, embodies a deep and rich history in Provincetown as a gathering place for artists and writers over the past century including Eugene O'Neill, Sinclair Lewis, Tennessee Williams and Michael Cunningham, to name a few. There are eleven residential units (8 seasonal and 3 year-round) plus 2 gallery spaces. The units reflect the property's history with abundant rustic character, including exposed beams, original wood floor, barnboard walls, and multi paned windows with water views all around. The wharf cottages, as the accommodations are called, are immaculately kept by the present ownership, and the property operates as a predominantly successful seasonal lodging establishment. The street side building has a commercial rental (gallery) on the first floor, and two year-round apartments above it, one a 2BR, and one a 1BR. A second gallery space is currently vacant, and has another year-round 1BR in the same building. The east wharf was raised and the piers fortified a few years ago, and
Supplements:
Listing Details MLS# 22007997
Contract Info
- Original List Price
- 3995000
- List Price/SqFt
- 691.77
Legal and Taxes
- Street #
- 437
- Street Name
- Commercial
- Street Suffix
- Street
- County
- Barnstable
- Town
- Provincetown
- Village
- Provincetown
- State
- MA
- Zip Code
- 02657
- Tax ID
- 12-4-17-0
- Estimated Annual Taxes
- 15252
- Tax Year
- 2021
- Building Assessments
- 867300
- Total Assessment
- 2117700
- Betterment
- 2680.54
- Title Reference - Book
- 31614-110
- Lead Base Paint
- Unknown
- Flood Ins Required
- Yes: verify w/insurance agent
- Mass Use Code
- 13 - Multiuse, predominantly residential
- Other Assessments
- 0
General Property Info
- Region
- Outer Cape
- Primary Sub-Type
- Mixed Use
- Secondary Sub-Type
- Bed & Breakfast
- Zoning
- R3
- # of Buildings
- 4
- Stories
- 2
- # of Units
- 13
- Total Finished Space
- 5775
- Condo
- No
- Year Built
- 1850
- Renovated
- No
- Business w/Real Estate
- Yes
- Lot Size SqFt
- 5227
- Lot Size Source
- Assessor
- Acres
- 0.12
- Waterfront
- Yes
- Water Body
- Cape Cod Bay
- Waterfront Type
- Bay/Harbor
- Waterview
- Yes
- Water Body View
- Cape Cod Bay
- Waterview Type
- Bay/Harbor
- Residential Units
- Yes
- Total # Res Units
- 11
- Commercial Units
- Yes
- Total # Comm Units
- 2
- Industrial Units
- No
- Property Includes Recording Devices
- No
- Total # Industrial Units
- 0
Status Change Info
- Concessions
- No
- Estimated Selling Date
- 2021-04-30
- Under Contract Date
- 2021-03-24
- Sold Date
- 2021-05-07
- Sold Price/SqFt
- 606.06
- SP/AV
- 1.65
Commercial Unit 1
- Occupancy
- Occupied
- Type
- Retail
Commercial Unit 2
- Occupancy
- Vacant
- Type
- Retail
More Information
Remarks & Misc
- Public Remarks
- Welcome to Poor Richard's Landing, a very rare offering on the waterfront in Provincetown's East End gallery district. The property comprised of four buildings, including two wharves, embodies a deep and rich history in Provincetown as a gathering place for artists and writers over the past century including Eugene O'Neill, Sinclair Lewis, Tennessee Williams and Michael Cunningham, to name a few. There are eleven residential units (8 seasonal and 3 year-round) plus 2 gallery spaces. The units reflect the property's history with abundant rustic character, including exposed beams, original wood floor, barnboard walls, and multi paned windows with water views all around. The wharf cottages, as the accommodations are called, are immaculately kept by the present ownership, and the property operates as a predominantly successful seasonal lodging establishment. The street side building has a commercial rental (gallery) on the first floor, and two year-round apartments above it, one a 2BR, and one a 1BR. A second gallery space is currently vacant, and has another year-round 1BR in the same building. The east wharf was raised and the piers fortified a few years ago, and
- Directions to Property
- Commercial Street to 437-439 in the East End Gallery District.
Special Listing Cond
- None
- Yes
Basement Description
- Cape Cod
- Yes
Building/Business
- Business Name
- Poor Richard's Landing
- Business Operating
- Yes
Present Use
- Combination
- Yes
- Hotel/Motel
- Yes
- Retail
- Yes
Parking Features
- None
- Yes
Business Includes
- Business Name
- Yes
Waterfront Desc
- Bay
- Yes
- Harbor
- Yes
Foundation Details
- Brick/Mortar
- Yes
- Piers
- Yes
Water View Desc
- Bay
- Yes
- Harbor
- Yes
Beach Description
- Bay
- Yes
- Harbor
- Yes
Convenient To
- In Town Location
- Yes
- Shopping
- Yes
Beach Ownership
- Deeded Rights
- Yes
Floors
- Hardwood
- Yes
Walls
- Wood
- Yes
Sewer
- Public Sewer
- Yes
Building Features
- Outdoor Shower
- Yes
- None
- Yes
Roof Description
- Asphalt
- Yes
- Shingle
- Yes
Siding Description
- Shingle
- Yes
Heating
- Hot Water
- Yes
- None
- Yes
Cooling
- Wall Unit(s)
- Yes
- None
- Yes
Fuel Type
- Propane
- Yes
Water
- Public
- Yes
Hot Water
- Water Heater
- Yes
Hot Water Source
- Electric
- Yes
- Propane Gas
- Yes
Property Features
Special Listing Cond:
None
Present Use:
Combination; Hotel/Motel; Retail
Business Includes:
Business Name
Parking Features:
None
Waterfront Desc:
Bay; Harbor
Water View Desc:
Bay; Harbor
Beach Description:
Bay; Harbor
Beach Ownership:
Deeded Rights
Convenient To:
In Town Location; Shopping
Floors:
Hardwood
Walls:
Wood
Foundation Details:
Brick/Mortar; Piers
Basement Description:
Cape Cod
Building Features:
Outdoor Shower; None
Roof Description:
Asphalt; Shingle
Siding Description:
Shingle
Heating:
Hot Water; None
Cooling:
Wall Unit(s); None
Fuel Type:
Propane
Water:
Public
Hot Water:
Water Heater
Hot Water Source:
Electric; Propane Gas
Sewer:
Public Sewer
Documents
Chapter 91 License ›
Listing Office:
Gibson Sotheby's International Realty
Listing Agent:
Emily Flax
Last Updated: September - 29 - 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