539 Commercial Street Unit 1, Provincetown, MA 02657 (MLS# 22504234)

539 Commercial Street Unit 1, Provincetown, MA 02657

$2,275,000
Property Type: Residential Baths: 2 Square Footage: 3,618 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $2,275,000 List Date: 10/17/2025 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# 22504234

Contract Info

List Price/SqFt: 628.8 Status: Active Original List Price: 2595000 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 Betterment: 7703.46 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 School District: Provincetown Condo Complex Name: 539 Beach Zoning: R3 Property Sub-Type: Condominium Renovated: Yes Year Renovated: 0 Stories: 3 Total Rooms: 0 Field Card SqFt: 3618 Additional SqFt Source: Appraiser Basement: No Baths - Half: 2 Association: Yes Fee Amount: 2244.41 Fee Frequency: Monthly Private Dock: No Private Pool: No Lot Size SqFt: 6098 Leased Land: No Lot Size Source: Field Card Acres: 0.14 Irregular: No Assoc Fee Year: 1 Garage: No # of Parking Spaces: 9 Year Round: Yes 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 Warranty Available: Yes Ownership: Condo Condo Style: Attached Complex Completed: Yes Max # of Units in Complex: 7 Property Includes Recording Devices: Yes Device Records: Video Year Built: 1900 Total Finished Space: 3618 Baths - Total: 2

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 your left between Allerton and Atkins,

Street Description

Paved: 1

Special Listing Cond

None: 1

Year Built Desc

Actual: 1

Pets Allowed

No: 1

Association Fee Incl

Reserve Funds: 1

Parking Features

Assigned: 1

Foundation Details

Brick/Mortar: 1

Convenient To

Marina: 1 Convenient to Water Body 2: Agawam River

Floors

Carpet: 1 Wood: 1

Sewer

Public Sewer: 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

Exterior Features

Other: 1

Property Features

Street Description: Paved Special Listing Cond: None Pets Allowed: No Year Built Desc: Actual Foundation Details: Brick/Mortar Association Fee Incl: Reserve Funds Parking Features: Assigned Convenient To: Marina Floors: Carpet; Wood Exterior Features: Other Roof Description: Asphalt; Flat; Pitched Siding Description: Shingle Sewer: Public Sewer Heating: Hot Water Cooling: Other Fuel Type: Propane Water: Public Hot Water: Tankless Water Heater Hot Water Source: Propane Gas
Listing Office: Gibson Sotheby's International Realty
Listing Agent: Iskren ''Isi'' Georgiev
IDX
Last Updated: November - 03 - 2025
Broker Attribution: 7742125532

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