3 Freeman StProvincetown, MA 02657

  • Office properties
  • 380 SF
For Lease
$669.23/SF/YR View listing

Property Details for 3 Freeman St

Year built
1980
Construction
FRAME
Lot size
0.11 AC
Property size (Sq ft)
380 SF
Zone code
TCC
Property type
Office properties
APN
PROV M:12-1 P:140 E:003
APU
PROVM121P140E003

Description

This exceptional 390-square-foot special purpose property at 3 Freeman Street in Provincetown, MA, 02657, is now available for lease. Located in the heart of town, just steps from Commercial Street, this single-tenant space offers a newly refreshed, functional layout ideal for a multi-person office, retail business, or gallery. The property sits on a 0.11-acre lot (APN 12-1-140-002) and includes one designated parking space. Additional features include ample storage and a private restroom. The space is tenant-ready and easily shown. Lease terms are favorable, with no additional fees beyond electricity and WiFi, which are the tenant's responsibility. This is a unique opportunity to secure a prime location in a thriving commercial area. The property's central location provides excellent visibility and accessibility for customers and employees alike. Don't miss this chance to establish your business in a highly desirable Provincetown setting. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $62,825
    6.5%
    $57,993
    7%
    $53,850
  • Comparable approach

    Method
    Valuation
    Relative Method
    $49,651
    Geo Method
    $49,651
  • Alternative Use

    Use
    Valuation
    Residential
    $71,911
    Hospitality
    $65,870
    Educational
    $54,803
    Medical
    $56,688
    Retail
    $85,249

Location Insight

City
Provincetown
County
Barnstable
State
Massachusetts
Latitude
42.0529
Longitude
-70.1852
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
$1,140
-
$218,900
$218,900
-
-
-
-

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