234 Commercial Street
Provincetown, MA · $4,950,000
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📊 STR projections🏖️ Beach distances🌊 Flood-zone risk📄 Investment dossier💰 Cash-flow analysis

234 Commercial Street

Provincetown, MA 02657
$4,950,000
167 days on market · Listed Mar 19, 2026
Data refreshed Apr 8, 2026
🌊 Not in FEMA SFHA
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Type
SF
Beds
3
Baths
3
Sq Ft
5,791
Acres
0.14
Year Built
1890
$ / Sq Ft
$855
Days on Market
167

Investment Snapshot

🟡 MEDIUM RISK
Monthly Carrying
$26,726
Cash Flow / yr
$-262,647
Cash-on-Cash
-19%
Cash Required
$1,386,000
Projected Revenue / yr
$103,072
Avg Daily Rate
$533
Occupancy
53%
STR Range (P50)
$76,140
🟡 MEDIUM RISK — Registration required. Seasonal restrictions may apply.
STR revenue range: $50,098$103,999

Location & Nearby

Map of 234 Commercial Street, Provincetown MA with nearby beaches and points of interest
HThis property
  • A
    🍽️ Front Street Restaurant
    0.01 mi
  • B
    🍽️ Grand Central Restaurant
    0.02 mi
  • C
    🍽️ Vorelli's Restaurant
    0.03 mi
  • D
    🍦 The Nut House
    0.03 mi
  • E
    🍦 Happy Camper
    0.04 mi
  • F
    🍽️ Ross' Grill
    0.05 mi
  • G
    🍽️ Provincetown Brewing Company at the Crown
    0.05 mi
  • H
    🍽️ The Canteen
    0.05 mi

About this property

In the very center of Provincetown, this rare mixed-use cluster is composed of three separate buildings totaling 5,791+/- sq.ft. All provide commercial spaces, while two also include residential areas above, with three bedrooms across the upper levels. The front structure, dating to the 1870s, reflects the Second Empire style and is distinguished by its tower turret and enduring architectural presence. Later buildings extend the setting, together creating a distinctive enclave with layered history and flexible utility. Brick-paved walkways, terraced steps, and original wide-plank pine floors add to its character and authenticity. Situated within the Town Center Commercial (TCC) zone, the property allows for a range of possibilities, from continued use to more ambitious redevelopment. Its scale, zoning, and architectural presence are further enhanced by exceptional visibility and steady year-round foot traffic unique to this central location.

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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