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$3,499,000

  • For Sale
  • Active
  • Commercial
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Make Provincetown Your OWN with these two mixed use buildings featuring a combined 10 bedrooms and 6 baths, and a prime commercial space with a half bath in the heart of Provincetown's downtown commercial district! First time on the market in over 50 years. Building one consists of ground floor retail space (approx. 1500sf) that has housed Coconuts Sunglasses for over 36 years, the second floor is a newly renovated approx. 1288sf 3BR/1BA (#5), separate coin operated laundry room for all of the apartments, and the top floor is an approx. 870sf 2BR/1BA (#6) and features a large sun deck. Building two consists of an approx. 240sf studio (#3), two approx. 372sf and 520sf 1BR/1BAs (#1 and #4), an approx. 605sf 2BR/1BA (#2), and a two car garage. Property being sold AS IS. Generates gross rental income of over $300,000+ across all units with mostly short term rentals. Cap rate of 5.5%. Many new plumbing/heating and cooling updates and improvements including new roof for front building. Furnishings negotiable. Buyer to assume sewer betterment for 5BRs - amount TBD.

Full Property Details for 294 Commercial St

General

  • Price: $3,499,000
  • Taxes: $14,407 (2025)
  • Status: Active
  • Type: Commercial
  • Source: CCI
  • MLS ID: 22405811
  • Updated: 1/29/2026
  • Added to Site: 425 day(s) ago

Interior

  • Appliances: Electric Water Heater
  • Flooring: Hardwood, Tile, Laminate, Wood, Vinyl

Rooms

Other Rooms

  • Laundry: Common Area, Laundry Room

Exterior

  • Exterior Features: Sign

Parking

  • Total Spaces: 1

Location

  • County: Barnstable
  • Driving Directions: Standish Way to right on Commercial Street. 294 Commercial is on the right side and includes retail space where Coconuts Sunglasses is and 6 other apartments and a garage in a total of two buildings.

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Utilities

  • Sewer: Public Sewer

Structural Information

  • Construction: Clapboard, Shingle Siding, Sheet Rock
  • Exterior Const.: Clapboard, Shingle Siding, Sheet Rock
  • Basement Desc.: None
  • Roof: Asphalt, Shingle, Other, Pitched, Flat
  • Stories/Levels: 3
  • Square Feet: 5,443
  • Current Bldg. Use: Mixed, Retail
  • Year Built: 1880
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size (Sq. Ft.): 3,485
  • Lot Size Source: Field Card
  • Zoning: TCC

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $642
  • Assessment Amount: $2,760,000
  • Land Assmt: $648,800
  • Tax Amount: $14,407
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 1131040

Listed by William Raveis Real Estate & Home Services, Joel J Harms

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Listing agent

— 294 Commercial St —

  • Joel J Harms

    William Raveis Real Estate & Home Services

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 294 Commercial St

School District:Provincetown School District
NameGradesDistance
Provincetown Schools
12 Winslow Street, Provincetown, MA 02657
PK-80.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 294 Commercial St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/30/2025
Price Reduced
$3,499,000
-2.13%
MLS
8/20/2025
Price Reduced
$3,575,000
-3.25%
MLS
3/14/2025
Price Reduced
$3,695,000
-1.47%
MLS
2/18/2025
Price Reduced
$3,750,000
-2.6%
MLS
12/02/2024
Listed
$3,850,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 294 Commercial St

Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$2,760,000
17%
2024
100%
$2,356,900
17%
2023
100%
$2,009,600
15%
2022
100%
$1,751,000
3%
2021
100%
$1,695,300
-4%
2020
100%
$1,773,800
26%
2018
100%
$1,410,100
8%
2017
100%
$1,306,900
3%
2016
-100%
$1,265,200
4%
2015
$8,972
5%
$1,215,700
3%
2014
$8,543
—
$1,178,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by William Raveis Real Estate & Home Services, Joel J Harms

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294 Commercial Street, Provincetown, MA 02657 (MLS# 22405811) is a Commercial property. 294 Commercial Street is currently listed for $3,499,000 and was received on December 02, 2024. Want to learn more about 294 Commercial Street? Do you have questions about finding other Commercial real estate for sale in Provincetown? You can browse all Provincetown real estate or contact a Coldwell Banker agent to request more information.

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