, Provincetown, MA 02657 (MLS# 20403295)

Provincetown, MA 02657

$1,820,000
Property Type: Commercial Square Footage: 2,888 Lot Size (sq. ft.): 5,120 Status: Closed
Current Price: $1,820,000 List Date: 4/12/2014 Last Modified: 9/29/2024

Overview

Description

The Somerset House is a boutique style Inn located in the Gallery District. Licensed for 13 rooms with 12 currently in service - each room is uniquely styled and fully furnished and equipt. There is a separate four bedroom employee's quarters with one bathroom and kitchen. Owners' quarters are two rooms with large walk in closet as well as bath. Large common room and brick patio fronting Commercial Street to take in the passing parade. This property should also be viewed by developers who are interested in a condominium conversion to residential units or a mixed use development of commercial and residential.

Listing Details MLS# 20403295

Contract Info

Original List Price
1995000
List Price/SqFt
690.79

Legal and Taxes

County
Barnstable
Town
Provincetown
Village
Provincetown
State
MA
Zip Code
02657
Estimated Annual Taxes
5480
Tax Year
2004
Building Assessments
1524700
Total Assessment
1524700
Betterment
3334.32
Title Reference - Book
12652
Title Reference - Page
85
Land Court Cert #
00
Underground Fuel Tank
No
Lead Base Paint
Unknown
Asbestos
Unknown
Mass Use Code
302 - Inn/Resort/Tourist Homes

General Property Info

Region
Outer Cape
Primary Sub-Type
Hotel/Motel
School District
Nauset
Zoning
Commercial
# of Buildings
Yes
# of Units
13
Total Finished Space
2888
Year Built
1840
Lot Size SqFt
5120
Lot Size Source
Field Card
Acres
0.12
Road Frontage - Old
43 Feet
Lot Depth
119
# of Parking Spaces
4
Waterfront
No
Waterview
Yes

Status Change Info

Estimated Selling Date
2005-02-28
Under Contract Date
2004-12-31
Sold Date
2005-02-28
Sold Price/SqFt
630.19
SP/AV
1.19

Remarks & Misc

Public Remarks
The Somerset House is a boutique style Inn located in the Gallery District. Licensed for 13 rooms with 12 currently in service - each room is uniquely styled and fully furnished and equipt. There is a separate four bedroom employee's quarters with one bathroom and kitchen. Owners' quarters are two rooms with large walk in closet as well as bath. Large common room and brick patio fronting Commercial Street to take in the passing parade. This property should also be viewed by developers who are interested in a condominium conversion to residential units or a mixed use development of commercial and residential.
Directions to Property
From Bradford Street heading east, go right onto Pearl Street and follow to end. Somerset House is on the left on the corner of Pearl & Commercial. Park in spaces on left fronting Pearl St.

Lot Features

Corner Lot
Yes
Fenced/Enclosed
Yes
Level
Yes
Views
Yes

More Information

Building/Business

Business Name
Somerset House
Business Operating
Yes
Conforming Use
Yes

Parking Features

Driveway
Yes
Guest
Yes
Leased
Yes
Paved
Yes

Water View Desc

Bay
Yes

Beach Description

Bay
Yes

Convenient To

In Town Location
Yes

Beach Ownership

Public
Yes

Building Const

Wood Frame
Yes

Roof Description

Asphalt
Yes
Flat
Yes
Pitched
Yes

Siding Description

Clapboard
Yes
Shingle
Yes
Other - See Remarks
Yes

Heating

Hot Water
Yes
Other
Yes

Cooling

Other
Yes

Fuel Type

Oil
Yes

Seasonal

Year Round
Yes

Owner Living Qtrs

1 Bath
Yes
1 Bedroom
Yes
Attached
Yes
Year Round
Yes

Miscellaneous

Deck - Some
Yes
Dining Area - Some
Yes
Patio - Some
Yes
Phone - All
Yes
Screens - All
Yes
Storm Windows - All
Yes
TV - All
Yes

Laundry

Utility Room
Yes

Baths

Full - All
Yes
Individual
Yes

Property Features

Lot Features: Corner Lot; Fenced/Enclosed; Level; Views Parking Features: Driveway; Guest; Leased; Paved Water View Desc: Bay Beach Description: Bay Beach Ownership: Public Convenient To: In Town Location Building Const: Wood Frame Roof Description: Asphalt; Flat; Pitched Siding Description: Clapboard; Shingle; Other - See Remarks Heating: Hot Water; Other Cooling: Other Fuel Type: Oil Seasonal: Year Round Owner Living Qtrs: 1 Bath; 1 Bedroom; Attached; Year Round Miscellaneous: Deck - Some; Dining Area - Some; Patio - Some; Phone - All; Screens - All; Storm Windows - All; TV - All Laundry: Utility Room Baths: Full - All; Individual
IDX
Listing Office: Atlantic Bay Sotheby's Int'l R
Listing Agent: Gregg Russo
Last Updated: September - 29 - 2024
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