193 Commercial Street, Units 1-5 Provincetown, MA
$1,350,000
Acres 0.32
Description
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.
Listed by Gibson Sotheby's International Realty, Joseph DeMartino
Details
MLS 73302780
Status Active
Price $1,350,000
DOM 59 days
Type Commercial
Lot Size 0.32 acres
Year Built 1985
Lot & Building Features
Tax Year 2025
Taxes Paid $5,637
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Financing
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6.75%
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per month
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