321 Commercial Street Provincetown, MA $ 14,000,000
321 Commercial Street
$ 14,000,000
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321 Commercial Street

Provincetown, MA, 02657
$ 14,000,000
Baths0.0 Sq 8,293

Monthly Estimate*

$ 93,048

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Studio

Commercial Property for sale in Provincetown, MA

for $14,000,000. This 8,293 square foot building was built in 1900 on a lot size of 0.07.

The waterfront restaurant branded as THE LOBSTER POT of Provincetown is for sale. The sale includes the land, buildings, business, equipment, improvements and brand. This iconic business has been the hospitality staple in Town since 1979. The Lobster Pot is a Provincetown Tradition and the iconic neon lobster sign has guided generations of guests through the door. People come from around the world to experience fresh seafood, an amazing view of Provincetown Harbor and outstanding Cape Cod hospitality! The McNulty family took over operations in 1979 with the goal of providing an authentic Cape Cod dining experience in a comfortable setting. Focused on quality food and supported by outstanding service, the Lobster Pot is an institution like no other and part of what makes Provincetown so special. Located in the center of town, the .07 acre lot is improved by a 8,293SF building that enjoys multiple dining rooms and numerous bars on two levels of waterfront dining. The business is in the top 0.5% of restaurants in the USA. This offering has it all including but not limited to location, brand, business, frontage, signage and financials. Consider this amazing waterfront investment!

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Commercial Active

Price

$ 14,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 20,664

Style

Restaurant

Lot Size

0.07

Year Built

1900

Town/City

Provincetown

County/Region

Barnstable

MLS | Web ID

22300160

Features
General
Sewer Public Sewer
Cooling Central Air Wall Unit(s)
Roof Pitched
Appliances Electric Water Heater Water Heater
Exterior Features Sign
Zoning TCC
Construction Materials Clapboard Shingle Siding Sheet Rock Frame
Year Built 1900
Stories 2
Township Provincetown
Property SubType Restaurant
Tax Year 2023
Current Use Restaurant Waterfront Restaurant
Business Type Business w/Real Est Retail
Waterfront Features Bay Other - See Remarks Beach Front
Building Name Building Name: LOBSTER POT
Business Name LOBSTER POT
County Barnstable
Property Type Commercial Sale
HOA / Comm Assn No
Garage Y/N No
Total Rooms 7
Status Active
Directions Bradford Street to Commercial Street to 321 Commercial Street Provincetown Cape Cod MA USA
City Provincetown
Body of Water Provincetown Harbor
NumberOfUnitsTotal 8
Lot Size Units Acres
Lot Size Square Feet 3049
Waterfront Y/N Yes
Street Name Commercial
Tax Annual Amount 20664
Property Condition Updated/Remodeled
Days on Market 372
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 3625400
Waterview Y/N Yes
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Interior
Basement Cape Cod Interior Entry Partial Other
Flooring Carpet Tile Laminate
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Display Window(s)
Fireplace Y/N No
Street Suffix Street
Below Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features None
Lot Features In Town Location Shopping Marina Level
Water Source Public
Lot Size Area 0.07
Foundation Details Poured
Number of Buildings 1
Building Area Total 8293
Lot Size Acres 0.07
Lot Size Source Owner
Open Parking Y/N No
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* Excluded Features
List By
John E Ciluzzi

Listing Agent

Premier Commercial

Broker

jciluzzi@premiercommercial.biz

Email

Affordability Calculator

$94,770
Per Month
98%
2%
0%
Monthly Principal & Interest
$93,048
Monthly Property Taxes
$1,722
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1411664 Elementary School
1411592 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/18/2023$14,000,000 Listed Price

Map


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321 Commercial Street, Provincetown, MA, 02657 is a Commercial Property for sale at $14,000,000 with 8,293 sqft and a lot size of 0.07. 321 Commercial Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 02657 which is in Provincetown, MA