7 Cook Street, Provincetown, MA 02657 (MLS# 21903935)

7 Cook Street, Provincetown, MA 02657

$2,075,000
Property Type: Commercial Square Footage: 3,022 Lot Size (sq. ft.): 6,782 Status: Closed
Current Price: $2,075,000 List Date: 4/20/2020 Last Modified: 9/29/2024

Description

Coastal elegance at its finest! Located in the heart of the art gallery district the award-winning historic Inn at Cook Street has 8-licensed guest rooms featuring two private cottages, two bedroom with living room suite combinations, and four bedroom suites all with private baths and most with private entrances. The property has a full dining room, spacious living room with gas fireplace and updated kitchen. Exterior features include lush grounds, a koi pond and several outdoor decks and seating areas for leisure. Smart renovations enhance the meticulously maintained property with all the modern amenities guests delight in. Several opportunities exist to re-imagine this 3-unit property: continue as a B&B, convert to a single-family or leverage current condominium status. Set on a tree-lined street one block from Commercial Street and the bay beaches, the property is close to art galleries, dining and shops. This B&B has received many accolades including consistent recognition for excellence by Trip Advisor, Cape Cod Life Magazine's ''Best of Outer Cape Gold'' award several years running and is a member of the Distinctive Inns of Provincetown. The business has strong financials, an

Supplements: established on-line reservation system, business website and is being sold turnkey with few exceptions, art excluded.

More Information MLS# 21903935

Contract Info

List Price/SqFt: 711.12 Status: Closed Original List Price: 2350000 Sold Price: $2,075,000 Current Price: $2,075,000 List Date: 2019-05-30

Legal and Taxes

Town: Provincetown Village: Provincetown Estimated Annual Taxes: 13066 Building Assessments: 2067400 Other Assessments: 0 Total Assessment: 2067400 Title Reference - Book: 27993 Title Reference - Page: 261,276 Flood Ins Required: No Lead Base Paint: Unknown Mass Use Code: 10 - Multiple Use Property Street #: 7 Street Name: Cook Street Suffix: Street County: Barnstable State: MA Zip Code: 02657 Tax ID: 12-4-62-1-001,002,003 Tax Year: 2020

General Property Info

Region: Outer Cape Primary Sub-Type: Bed & Breakfast School District: Provincetown Zoning: Res3 Renovated: Yes # of Buildings: 3 Year Renovated: 0 Stories: 2 # of Units: 8 Condo: Yes Business w/Real Estate: Yes Lot Size SqFt: 6782 Lot Size Source: Field Card Acres: 0.16 # of Parking Spaces: 3 Waterfront: No Waterview: No Residential Units: No Commercial Units: Yes Industrial Units: No Property Includes Recording Devices: No Total Finished Space: 3022 Year Built: 1836

Remarks & Misc

Public Remarks: Coastal elegance at its finest! Located in the heart of the art gallery district the award-winning historic Inn at Cook Street has 8-licensed guest rooms featuring two private cottages, two bedroom with living room suite combinations, and four bedroom suites all with private baths and most with private entrances. The property has a full dining room, spacious living room with gas fireplace and updated kitchen. Exterior features include lush grounds, a koi pond and several outdoor decks and seating areas for leisure. Smart renovations enhance the meticulously maintained property with all the modern amenities guests delight in. Several opportunities exist to re-imagine this 3-unit property: continue as a B&B, convert to a single-family or leverage current condominium status. Set on a tree-lined street one block from Commercial Street and the bay beaches, the property is close to art galleries, dining and shops. This B&B has received many accolades including consistent recognition for excellence by Trip Advisor, Cape Cod Life Magazine's ''Best of Outer Cape Gold'' award several years running and is a member of the Distinctive Inns of Provincetown. The business has strong financials, an Directions to Property: Commercial Street right on Cook St. #7 is on right.

Status Change Info

Concessions: No Estimated Selling Date: 2021-06-01 Sold Price/SqFt: 686.63 SP/AV: 1 Under Contract Date: 2021-02-16 Sold Date: 2021-06-01 Sold Price: $2,075,000

Special Listing Cond

Other - See Remarks: 1

Lot Features

Corner Lot: 1 Fenced/Enclosed: 1

Basement Description

Walk-Out Access: 1

Parking Features

Off Street: 1

Foundation Details

Brick/Mortar: 1

Beach Description

Bay: 1 Harbor: 1

Convenient To

Bike Path: 1 Conservation Area: 1 House of Worship: 1 In Town Location: 1 Major Highway: 1 Marina: 1 Medical Facility: 1 Public Tennis: 1 School: 1 Shopping: 1

Beach Ownership

None: 1

Floors

Carpet: 1 Hardwood: 1

Walls

Sheet Rock: 1

Sewer

Septic Tank: Title V Grade Level

Building Features

Private Yard: 1

Fencing

Fenced: 1

Roof Description

Asphalt: 1

Siding Description

Clapboard: 1 Shingle: 1

Heating

Forced Air: 1

Cooling

Other: 1

Fuel Type

Oil: 1 Propane: 1

Water

Public: 1

Hot Water

Water Heater: 1

Hot Water Source

Oil: 1

Seasonal

Year Round: 1

Gas

On Site: 1

Kitchen

Breakfast Bar: 1 Cook-Top: 1 Dishwasher: 1 Eat-in Kitchen: 1 Gas Stove: 1 Microwave: 1 Refrigerator: 1

Laundry

Dryer - Electric: 1 Washer: 1

Baths

Full - All: 1

Property Features

Special Listing Cond: Other - See Remarks Lot Features: Corner Lot; Fenced/Enclosed Parking Features: Off Street Beach Description: Bay; Harbor Beach Ownership: None Convenient To: Bike Path; Conservation Area; House of Worship; In Town Location; Major Highway; Marina; Medical Facility; Public Tennis; School; Shopping Floors: Carpet; Hardwood Walls: Sheet Rock Foundation Details: Brick/Mortar Basement Description: Walk-Out Access Building Features: Private Yard Fencing: Fenced Roof Description: Asphalt Siding Description: Clapboard; Shingle Heating: Forced Air Cooling: Other Fuel Type: Oil; Propane Water: Public Hot Water: Water Heater Hot Water Source: Oil Seasonal: Year Round Gas: On Site Laundry: Dryer - Electric; Washer Kitchen: Breakfast Bar; Cook-Top; Dishwasher; Eat-in Kitchen; Gas Stove; Microwave; Refrigerator Baths: Full - All
Listing Office: Berkshire Hathaway HomeServices Robert Paul Properties
Listing Agent: Team John & Jeff
IDX
Last Updated: September - 29 - 2024
Broker Attribution: teamjohnjeff@robertpaul.com

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