193 Commercial Street, #1,2,3,4&5, Provincetown, MA, 02657
1899
1,548 sqft
Prime Provincetown RETAIL SPACE available for sale for the first time in 40 years. This retail condominium is currently rented and operated as Roots, a home furnishings and gift store which has been in business for several decades in this location. There is a long term lease through January 31, 2027. Rental income is $69,200 annually. Tenant pays all utilities including condo fee. Betterment paid in full. The space lives as one retail space but is legally 5 condominium units. The property includes a dry basement area ideal for storage, a must for many retail operations and scarce in Provincetown. This is a great investment opportunity with stable income and few expenses. Plus the location is a prime commercial/retail location in downtown Provincetown. Seller welcomes offers with requests for buyer concessions.
Status:
Active
Type:
Commercial
Units:
5
Zoning:
TCC
Cooling:
Wall Unit(s)
Basement:
Interior Entry, Tenant Storage
Levels:
1
Common Charge:
$1,654 Monthly
Acreage:
0.32
Est. Taxes:
$5,919
Assessment
$1,071,800
HOA Fee
$1,654
Current Use
Gift Shop, Retail
Permitted Use
Gift Shop, Retail
Construction
Shingle Siding, Sheet Rock, Frame
Utilities
Cable Available, High Speed Internet, Electricity Available, Phone Available
Lot Description:
In Town Location, Shopping, Level
View Description:
Bay
Waterfront:
Yes
Days on Market:
41
Appliances:
Electric Water Heater, Water Heater
Lease Term Type:
Annually
MLS #:
22405097
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Joe T DeMartino, Gibson Sotheby's International Realty Phone: 508-487-2430