539 Commercial Street, Unit 1
Provincetown, MA · $2,275,000
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📊 STR projections🏖️ Beach distances🌊 Flood-zone risk📄 Investment dossier💰 Cash-flow analysis

539 Commercial Street, Unit 1

Provincetown, MA 02657
$2,275,000
263 days on market · Listed Mar 20, 2026
Data refreshed Apr 8, 2026
🌊 Not in FEMA SFHA
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Type
Condo
Beds
Baths
1
Sq Ft
3,618
Acres
0.14
Year Built
1900
$ / Sq Ft
$629
Days on Market
263

Investment Snapshot

🟡 MEDIUM RISK
Monthly Carrying
$12,283
Cash Flow / yr
$-120,979
Cash-on-Cash
-18.99%
Cash Required
$637,000
Projected Revenue / yr
$36,771
Avg Daily Rate
$504
Occupancy
57%
STR Range (P50)
🟡 MEDIUM RISK — Registration required. Seasonal restrictions may apply.

Location & Nearby

Map of 539 Commercial Street, Unit 1, Provincetown MA with nearby beaches and points of interest
HThis property
  • A
    🍽️ Fanizzi’s Restaurant - Provincetown, MA
    0.00 mi
  • B
    🍽️ East End Market
    0.21 mi
  • C
    🛒 Angel Foods
    0.37 mi
  • D
    🍽️ Ciro & Sal's
    0.48 mi
  • E
    🚤 Poor Richards Landing
    0.49 mi
  • F
    🍽️ The Mews Restaurant & Cafe
    0.49 mi
  • G
    🍽️ Yolqueria
    0.61 mi
  • H
    🍽️ Pepe's Wharf Restaurant
    0.71 mi

About this property

Exciting opportunity to purchase one of Provincetown's most beloved and popular waterfront restaurants. Operated year-round and owned by the current owner for 25 years, this full service establishment is licensed for 126 seats with a full bar. With a total area of approximately 3,618 sq. ft., including the basement storage, the establishment features three distinct dining rooms. These include a 50-seat room situated directly on the water, another 26-seat area in the bar room, and a street-front room accommodating 50 seats. Nestled in the stable and well-run condominium association of Provincetown's East End, this immaculately maintained and spotlessly clean restaurant comes with exclusive rights to use nine valuable parking spaces on the property. However, it's important to note that this offering does not include the right to use the name ''Fanizzi's.'' Seller welcomes offers with requests for buyer concessions.

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📋 Provincetown Short-Term Rental Rules
Registration, taxes, occupancy caps, and enforcement for STRs in Provincetown
Listed by Iskren ''Isi'' Georgiev, Gibson Sotheby's International Realty