Duarte/Downey Real Estate Agency
Duarte/Downey Real Estate AgencyPhone: (508) 349-7588
Email: [email protected]
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listing
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For Sale
$1,350,000
193 Commercial Street 1,2,3,4&5
Provincetown, MA 02657
Listed by: Joe T DeMartino from Gibson Sotheby's International Realty, (508) 272-5843
MLS: Cape Cod MLS
1,548Sq Ft
Est. Mortgage
$7,068/mo

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.

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Information courtesy of Gibson Sotheby's International Realty is subject to verification and is not guaranteed.
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