432 Commercial StProvincetown, MA 02657

  • Commercial real estate
  • 530 SF
For Sale
$695,000 View listing

Property Details for 432 Commercial St

Year built
2014
Construction
FRAME
Lot size
0.12 AC
Property size (Sq ft)
530 SF
Zone code
RES3
Property type
Commercial real estate
APN
PROV M:12-4 P:35 E:2-AIR
APU
PROVM124P35E2AIR

Description

This exceptional 750-square-foot special purpose property, located at 432 Commercial Street in Provincetown, Massachusetts, presents a unique investment opportunity. Built in 1900, this charming building boasts a prime location at the intersection of Kiley Court and Commercial Street, within Provincetown's vibrant arts district, surrounded by established galleries, restaurants, and the Provincetown Art Association and Museum (PAAM). The property features three distinct gallery spaces across three levels: a bright main gallery with a cathedral ceiling, a rear gallery with double windows, offering ample natural light, and a cozy lower-level gallery/office space with additional windowed door light and substantial storage. The gallery's elegant design, freshly painted with classic hardwood floors, is ready for immediate occupancy. Large display windows, prominent signage, and a grand entrance ensure high visibility. An exclusive courtyard provides a serene outdoor space. Additional amenities include a half-bath with a slop sink and access to a common loading/unloading parking spot. The 5,227 square foot lot adds to the property's appeal. This is a rare chance to acquire a piece of Provincetown's artistic heritage, blending history, creativity, and future potential. The seller is open to offers including buyer concessions. The asking price is $695,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $100,297
    Hospitality
    $91,871
    Educational
    $76,436
    Medical
    $79,065
    Retail
    $118,900
432 Commercial St, Provincetown, Massachusetts

Location Insight

City
Provincetown
County
Barnstable
State
Massachusetts
Latitude
42.0558
Longitude
-70.1807
CBSA code
12700
CBSA name
BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$158
-
$30,300
$30,300
-
-
-
-

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