539 Commercial Street Unit 1, Provincetown, MA 02657 (MLS# 22503508)
539 Commercial Street Unit 1, Provincetown, MA 02657
$2,275,000
Property Type:
Commercial
Square Footage:
3,618
Lot Size (sq. ft.):
6,098
Status:
Active
Current Price:
$2,275,000
List Date:
7/19/2025
Last Modified:
11/03/2025
Description
Exciting opportunity to purchase one of Provincetown's most beloved and popular waterfront restaurants. Operated year-round and owned by the current owner for 25 years, this full service establishment is licensed for 126 seats with a full bar. With a total area of approximately 3,618 sq. ft., including the basement storage, the establishment features three distinct dining rooms. These include a 50-seat room situated directly on the water, another 26-seat area in the bar room, and a street-front room accommodating 50 seats. Nestled in the stable and well-run condominium association of Provincetown's East End, this immaculately maintained and spotlessly clean restaurant comes with exclusive rights to use nine valuable parking spaces on the property. However, it's important to note that this offering does not include the right to use the name ''Fanizzi's.'' Seller welcomes offers with requests for buyer concessions.
More Information MLS# 22503508
Contract Info
List Price/SqFt: 628.8
Status: Active
Original List Price: 2650000
List Price: $2,275,000
Current Price: $2,275,000
List Date: 2025-07-19
Legal and Taxes
Unit #: Unit 1
Town: Provincetown
Village: Provincetown
Estimated Annual Taxes: 8027.26
Building Assessments: 1154800
Other Assessments: 800
Total Assessment: 1155600
Title Reference - Page: 249
Underground Fuel Tank: No
Flood Ins Required: Yes: verify w/insurance agent
Lead Base Paint: Unknown
Asbestos: Unknown
Mass Use Code: 10 - Multiple Use Property
Nitrogen Sensitive Area: No
Street #: 539
Street Name: Commercial
Street Suffix: Street
County: Barnstable
State: MA
Zip Code: 02657
Tax ID: 15-1-005-0-001
Tax Year: 2025
General Property Info
Region: Outer Cape
Primary Sub-Type: Restaurant
School District: Provincetown
Secondary Sub-Type: Condominium
Zoning: R3
Renovated: Yes
# of Buildings: 1
Year Renovated: 0
Stories: 3
Field Card SqFt: 3618
# of Units: 7
Additional SqFt Source: Appraiser
Seating Capacity: 101 or More
Condo: Yes
Association: Yes
Fee Amount: 2244.41
Fee Frequency: Monthly
Business w/Real Estate: No
Lot Size SqFt: 6098
Lot Size Source: Assessor
Acres: 0.14
# of Parking Spaces: 9
Golf Course Front: No
Golf Course View: No
Waterfront: Yes
Water Body: Provincetown Harbor
Waterfront Type: Bay/Harbor
Water Body Type: Salt
Water Access Type: Public
Waterview: Yes
Water Body View: Provincetown Harbor
Waterview Type: Bay/Harbor
Residential Units: Yes
Total # Res Units: 6
Commercial Units: Yes
Total # Comm Units: 1
Industrial Units: No
Total # Industrial Units: 0
Property Includes Recording Devices: Yes
Device Records: Video
Total Finished Space: 3618
Year Built: 1900
Remarks & Misc
Public Remarks: Exciting opportunity to purchase one of Provincetown's most beloved and popular waterfront restaurants. Operated year-round and owned by the current owner for 25 years, this full service establishment is licensed for 126 seats with a full bar. With a total area of approximately 3,618 sq. ft., including the basement storage, the establishment features three distinct dining rooms. These include a 50-seat room situated directly on the water, another 26-seat area in the bar room, and a street-front room accommodating 50 seats. Nestled in the stable and well-run condominium association of Provincetown's East End, this immaculately maintained and spotlessly clean restaurant comes with exclusive rights to use nine valuable parking spaces on the property. However, it's important to note that this offering does not include the right to use the name ''Fanizzi's.'' Seller welcomes offers with requests for buyer concessions.
Directions to Property: Travel E on Commercial Street from the beginning. Building on your left between Allerton and Atkins.
Special Listing Cond
None: 1
Basement Description
Partial: 1
Other: 1
Present Use
Restaurant: 1
Parking Features
Assigned: 1
Foundation Details
Brick/Mortar: 1
Pilings: 1
Water View Desc
Bay: 1
Marina: 1
Convenient To
Marina: 1
Convenient to Water Body 2: Provincetown Harbor
Floors
Carpet: 1
Wood: 1
Walls
Sheet Rock: 1
Wood: 1
Utilities
Cable: 1
Electricity: 1
High Speed Internet: 1
Sewer
Public Sewer: 1
Building Features
Other: 1
Roof Description
Asphalt: 1
Flat: 1
Pitched: 1
Siding Description
Shingle: 1
Heating
Hot Water: 1
Cooling
Other: 1
Fuel Type
Propane: 1
Water
Public: 1
Hot Water
Tankless Water Heater: 1
Hot Water Source
Propane Gas: 1
Seasonal
Year Round: 1
Property Features
Special Listing Cond: None
Present Use: Restaurant
Parking Features: Assigned
Water View Desc: Bay; Marina
Convenient To: Marina
Floors: Carpet; Wood
Walls: Sheet Rock; Wood
Foundation Details: Brick/Mortar; Pilings
Basement Description: Partial; Other
Building Features: Other
Roof Description: Asphalt; Flat; Pitched
Siding Description: Shingle
Heating: Hot Water
Cooling: Other
Fuel Type: Propane
Water: Public
Hot Water: Tankless Water Heater
Hot Water Source: Propane Gas
Seasonal: Year Round
Utilities: Cable; Electricity; High Speed Internet
Sewer: Public Sewer
Listing Office:
Gibson Sotheby's International Realty
Listing Agent:
Iskren ''Isi'' Georgiev
Last Updated: November - 03 - 2025
Broker Attribution:
7742125532
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