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$1,350,000
Est. payment /mo
0.32 Acres Lot
UPDATED:
10/20/2024 07:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73302780
HOA Y/N false
Year Built 1985
Annual Tax Amount $5,637
Tax Year 2025
Lot Size 0.320 Acres
Acres 0.32
Property 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.
Location
State MA
County Barnstable
Zoning TCC
Direction Commercial St. center of town. Park in a public lot as there is no parking.
Others
Senior Community false
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Listed by Gibson Sotheby's International Realty