About 193 Commercial Street, Units 1-5
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.
Features of 193 Commercial Street, Units 1-5
| MLS® # | 73302780 |
|---|---|
| Price | $1,250,000 |
| Bathrooms | 0.00 |
| Acres | 0.32 |
| Year Built | 1985 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 193 Commercial Street, Units 1-5 |
|---|---|
| City | Provincetown |
| County | Barnstable |
| State | MA |
| Zip Code | 02657 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | TCC |
|---|
Listing Details
| Agent | Joseph Demartino |
|---|---|
| Office | Gibson Sotheby's International Realty |