Building Name: Pied Piper

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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.
Listed by Joe T DeMartino of Gibson Sotheby's International Realty

More Info

Location Information

  • Directions Commercial St. Near West End across from Spiritus. Park in public lot and walk to property.

Basic Information

  • Lot Features In Town Location, Shopping, Level
  • Parcel Number 11161001
  • Unit Number1,2,3,4&5

Tax Information

  • Tax Assessed Value $1,071,800
  • Tax Year 2025
  • Taxes$5,919

Basic Information

  • List Price$1,250,000
  • MLS Number22405097
  • Modification Date04/22/2025
  • Property SubTypeRetail, Condominium

Location

  • Address193 Commercial Street
  • Building Number193
  • CountyBarnstable
  • StateMA
  • StreetCommercial Street
  • TownProvincetown
  • Zip02657

Building

  • BasementInterior Entry, Tenant Storage
  • Building Area Units Square Feet
  • Building Features Year Round
  • Construction Materials Shingle Siding, Sheet Rock, Frame
  • FoundationBrick/Mortar
  • Property NameBuilding Name: Pied Piper
  • Window Features Display Window(s)
  • Year Built1899

Property

  • Acreage0.32

Interior

  • Flooring Wood, Carpet, Tile

Exterior

  • Exterior Features Sign
  • RoofAsphalt, Pitched

Utilities

  • Cooling Wall Unit(s)
  • Cooling YN Yes
  • Electric Electric 100 - 150 Amps
  • Heating YN Yes
  • Sewer Public Sewer
  • Utilities Cable Available, High Speed Internet, Electricity Available, Phone Available
  • Water Source Public

Property Information

  • Business Name Roots
  • Business TypeCommercial
  • Living Area Units Square Feet
  • Lot Size Square Feet 14,113
  • Lot Size Units Acres
  • Property Condition Updated/Remodeled
  • Square Feet1,548

Amenities

  • Appliances IncludedElectric Water Heater, Water Heater
  • Other AmenitiesBasement, Waterfront

Water Body

  • Water AccessPrivate
  • Water Body NameCape Cod Bay
  • Water Body TypeSalt
  • WaterfrontYes
  • Waterfront Features Bay

Legal

  • ZoningTCC

Other

  • Association Fee $1,654
  • Association Fee Frequency Monthly
  • Association YN Yes
  • Date Listed10/11/2024
  • Tenant Pays Common Area Maintenance, Trash Collection, Janitorial Service, Electricity, Water, Tenant Pays All But Taxes
  • View Count2

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