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133 Commercial St 133 Commercial St 1,759 SF Retail Building Provincetown, MA 02657 $2,300,000 ($1,307.56/SF)
Investment Highlights
- Prime West End Location on Commercial St
- High Foot Traffic
- Development and Expansion Potential
Executive Summary
Amazing opportunity for a turnkey West End restaurant property on Provincetown's historic Commercial Street district, steps from the waterfront with strong visibility and foot traffic. Approx. 1,421± SF building on a 2,570± SF lot in the Town Commercial Center (TCC) District. 133 Commercial St, currently Joon Bar & Kitchen, is a 55 seat restaurant with additional seating capacity for possible expansion creating a clear path to increased capacity and revenue. Lawful preexisting nonconforming structure and underbuilt site offer meaningful value-add and redevelopment potential. Previous architectural/structural plans for a rooftop deck and outdoor seating received HDC (2022) and ZBA (2023) approvals, with earlier concepts contemplating residential units above (all design concepts are available upon request. Subject to renewed approvals). Formerly Cookies Tap, Cookies Restaurant, Gallerani's, and Lorraine's Restaurant. NOTE: Real Estate Only at $2,300,000... please inquire with agent for business acquisition cost. Confidential offering; NDA and proof of funds or lender pre-approval required prior to release of financials and detailed business information.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,759 SF
Building Class
C
Year Built
1930
Price
$2,300,000
Price Per SF
$1,307.56
Tenancy
Single
Building Height
1 Story
Building FAR
0.68
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
TCC
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Joon Bar & Kitchen
- Retailer
- -
- -
- -
- Joon Corp
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Joon Bar & Kitchen | Retailer | - | - | - | ||
| Joon Corp | - | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | PROV-000006-000004-000017 | Improvements Assessment | $322,900 |
| Land Assessment | $1,363,000 | Total Assessment | $1,685,900 |
Property Taxes
Parcel Number
PROV-000006-000004-000017
Land Assessment
$1,363,000
Improvements Assessment
$322,900
Total Assessment
$1,685,900
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Presented by
Windwalker William Raveis Real Estate
133 Commercial St | 133 Commercial St
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