Provincetown, MA Commercial Real Estate for Sale and Lease

Located in Barnstable County, Massachusetts, this town has a year-round population of 2,964 which swells to 60,000 or more during the summer months. This drastic expansion means that the 9.7 square miles of land has a considerably different urban texture in the seasonal period than it does during the winter. For developers, this area offers an intriguing opportunity to create projects that can easily shift to accommodate vastly different levels of visitors.

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Commercial Property List

Located at the very tip of Cape Cod, the area is essentially a peninsula bounded by the Atlantic Ocean. Numerous natural and manufactured features, including the sand dunes of Province Lands, Provincetown Harbor, the Dunes’ Edge Campground, Baseball Field, the Maple Grove Bird Sanctuary, Clapps Pond, Pasture Pond, and the Province Lands Bike Trail, provide recreational opportunities.

By car, the area can be reached via Route 6 and Route 6A. There is no MBTA Commuter Rail line in this area. However, ferry service to Boston and Plymouth is available during the summer months, and bus service is provided by the Cape Cod Regional Transit Authority.

Because of the relatively small amount of land and the number of protected natural areas, large tracts of commercial land here are rare. However, investors are encouraged to continue monitoring the listings in case something opens up.

Office Space Market

Office complexes are rare in this area, as many of the structures in the town do not exceed four stories in height. However, office spaces can be found in other facilities, such as the property at 4 Harbor Hill Road. Located off Route 6A, this 52,272 square foot former hotel has four stories with 26 rooms. The rooms vary in size, with one, two, and three bedroom units contained within the shaker-style complex. Landscaping surrounds the staircases that lead into each of the complex’s units, creating a campus feel with incredible views of the surrounding ocean and town. A small parking lot is located at the base of the structure. The units, which were originally designed to be vacation timeshares, can be adapted into different purposes, including luxuriously outfitted office suites with private offices, fireplaces, and full kitchens. Located on 1.2 acres, the complex has not listed its sale price, but is the perfect opportunity for a savvy investor.

Although this space is not currently available for lease, the offices of an architect at 422 Commercial Street will provide investors with another glimpse into the variety of spaces that make up the market. Located off Route 6A with views of the sea, the office is located in a two story shaker style structure with two main entrances that are accessed via two stone staircases. A front porch wraps around the building, providing space for deck chairs. Situated near numerous other homes and small businesses, the offices here are illuminated with natural light from the series of large rectangular windows that line the walls of the structure. The perimeter of the home is landscaped with shrubbery and flowering plants, and leads down into a small lane bounded by a sidewalk. A couple of parking spaces are provided onsite.

Retail Space Market

Many of the spaces available for lease or sale in this town are located on the waterfront. The property at 193 Commercial Street is located off Route 6A directly on the beach; columns drilled into the sand support the fabulous outdoor deck which offers an unblemished view of the sea. A series of sliding glass doors open out onto the deck, which is suitable for serving numerous restaurant patrons. The interior space seats 110 and stands 327, and the bar features vivid green coloration and an L-shaped counter for maximum seating. Built in 1950, the 9,527 square foot structure has two floors, with a typical size of 4,763 square feet. The first floor, which is comprised of 3,074 square feet, has a sale price of $2,100,000, or $683.15 per square foot.

The property at 338 Commercial Street is located off Route 6A and features a two story structure with white clapboard exterior. The ground floor unit features floor to ceiling display windows, while the second story has an outdoor deck that sits atop this ground floor display unit. The interior features bright spaces that are bounded by sliding glass doors. Located in a dense area near numerous other restaurants, shops, and lovely boutiques, the restaurant attracts a large amount of foot traffic. Built in 1850, the beautifully maintained structure has 9,393 square feet of leasable space. The unit of 1,209 square feet has been placed on the market for sale at $449,000, or $371.38 per square foot.

Meanwhile, the property at 435 Commercial Street is a three story single family home that has been remodeled into prime retail space. Built in 1880, the Victorian style structure has been beautifully maintained, and has several different entrances for its seperate units. Located on the sea with breathtaking beach views, the three bedroom upper story features an ample exterior deck. The ground floor unit has an enormous rectangular display window that faces the sidewalk. Classified as a mixed-use unit, the lower story is perfect for retail while the upper stories are ideal for residential purposes. With a gross leasable area of 2,502 square feet, this property has a sale list price of $1,895,000.

Located in the heart of downtown, the structure at 136 Commerial Street has 1,966 square feet of charming, Victorian-style splendor. Built in 1905, the recently renovated space features oak floors, a Putnam rolling ladder system to help reach the custom-built bookshelves, a tile floor in the bathroom, and incredible natural light from the array of beautifully restored windows. The ground floor features a large display window perfect for retail purposes, and the second story is ideal for living. The 568 square foot unit in this structure has been listed for sale at $649,000, or $1,142.61 per square foot.

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Commercial Property List