294 Commercial Street, Provincetown, MA 02657
Local realty services provided by:ERA Cape Real Estate
294 Commercial Street,Provincetown, MA 02657
$3,499,000
- 10 Beds
- 7 Baths
- 5,443 sq. ft.
- Multi-family
- Active
Listed by: joel j harms
Office: william raveis real estate & home services
MLS#:22405711
Source:CAPECOD
Price summary
- Price:$3,499,000
- Price per sq. ft.:$642.84
About this home
Make Provincetown Your OWN with these two mixed use buildings featuring a combined 10 bedrooms and 6 baths, and a prime commercial space with a half bath in the heart of Provincetown's downtown commercial district! First time on the market in over 50 years. Building one consists of ground floor retail space (approx. 1500sf) that has housed Coconuts Sunglasses for over 36 years, the second floor is a newly renovated approx. 1288sf 3BR/1BA (#5), separate coin operated laundry room for all of the apartments, and the top floor is an approx. 870sf 2BR/1BA (#6) and features a large sun deck. Building two consists of an approx. 240sf studio (#3), two approx. 372sf and 520sf 1BR/1BAs (#1 and #4), an approx. 605sf 2BR/1BA (#2), and a two car garage. Property being sold AS IS. Generates gross rental income of over $300,000+ across all units with mostly short term rentals. Cap rate of 5.5%. Many new plumbing/heating and cooling updates and improvements including new roof for front building. Furnishings negotiable. Buyer to assume sewer betterment for 5BRs - amount TBD....
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Home facts
- Year built:1880
- Listing ID #:22405711
- Added:485 day(s) ago
- Updated:April 03, 2026 at 02:17 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:7
- Full bathrooms:6
- Rooms Total:20
- Flooring:Hardwood, Laminate, Tile, Vinyl, Wood
- Kitchen Description:Dishwasher, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator
- Living area:5,443 sq. ft.
Structure and exterior
- Roof:Asphalt, Flat, Pitched, Shingle
- Year built:1880
- Building area:5,443 sq. ft.
- Lot area:0.08 Acres
- Lot Features:Conservation Area, In Town Location, Major Highway, Marina, Near Golf Course, Public Tennis, Shopping
- Architectural Style:Antique
- Construction Materials:Clapboard, Shingle Siding
- Exterior Features:Conservation Area
- Foundation Description:Block, Brick/Mortar
- Levels:3 Story
Schools
- Middle school:Provincetown
- Elementary school:Provincetown
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,499,000
- Price per sq. ft.:$642.84
- Tax amount:$14,407 (2025)
Features and amenities
- Appliances:Electric Water Heater, Refrigerator, Washer
- Laundry features:Washer
- Amenities:Linen Closet, Pantry, Recessed Lighting
Parking
- Total parking spaces:1
- Garage:Yes
- Garage spaces:2
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