, 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

More Information

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

Last Updated: September - 29 - 2024

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