, 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

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.

More Information MLS# 20403295

Contract Info

List Price/SqFt: 690.79 Status: Closed Original List Price: 1995000 Sold Price: $1,820,000 Current Price: $1,820,000 List Date: 2004-09-29

Legal and Taxes

Town: Provincetown Village: Provincetown Estimated Annual Taxes: 5480 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 County: Barnstable State: MA Zip Code: 02657 Tax Year: 2004

General Property Info

Region: Outer Cape Primary Sub-Type: Hotel/Motel School District: Nauset Zoning: Commercial # of Buildings: 1 # of Units: 13 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 Total Finished Space: 2888 Year Built: 1840

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.

Status Change Info

Estimated Selling Date: 2005-02-28 Sold Price/SqFt: 630.19 SP/AV: 1.19 Under Contract Date: 2004-12-31 Sold Date: 2005-02-28 Sold Price: $1,820,000

Lot Features

Corner Lot: 1 Fenced/Enclosed: 1 Level: 1 Views: 1

Building/Business

Business Name: Somerset House Business Operating: Yes Conforming Use: Yes

Parking Features

Driveway: 1 Guest: 1 Leased: 1 Paved: 1

Water View Desc

Bay: 1

Beach Description

Bay: 1

Convenient To

In Town Location: 1

Beach Ownership

Public: 1

Building Const

Wood Frame: 1

Roof Description

Asphalt: 1 Flat: 1 Pitched: 1

Siding Description

Clapboard: 1 Shingle: 1 Other - See Remarks: 1

Heating

Hot Water: 1 Other: 1

Cooling

Other: 1

Fuel Type

Oil: 1

Seasonal

Year Round: 1

Owner Living Qtrs

1 Bath: 1 1 Bedroom: 1 Attached: 1 Year Round: 1

Miscellaneous

Deck - Some: 1 Dining Area - Some: 1 Patio - Some: 1 Phone - All: 1 Screens - All: 1 Storm Windows - All: 1 TV - All: 1

Laundry

Utility Room: 1

Baths

Full - All: 1 Individual: 1

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
Listing Office: Atlantic Bay Sotheby's Int'l R
Listing Agent: Gregg Russo
IDX
Last Updated: September - 29 - 2024
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