265 Commercial Street
Provincetown, MA · $3,950,000
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📊 STR projections🏖️ Beach distances🌊 Flood-zone risk📄 Investment dossier💰 Cash-flow analysis

265 Commercial Street

Provincetown, MA 02657
$3,950,000
190 days on market · DEL → ACT on Apr 7, 2026
Data refreshed Apr 8, 2026
🌊 Waterfront🌊 In FEMA SFHA (Zone AE)
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Type
SF
Beds
5
Baths
5
Sq Ft
6,148
Acres
0.09
Year Built
1900
$ / Sq Ft
$642
Days on Market
190

Investment Snapshot

🟡 MEDIUM RISK
Monthly Carrying
$21,327
Cash Flow / yr
$-140,664
Cash-on-Cash
-12.7%
Cash Required
$1,106,000
Projected Revenue / yr
$164,476
Avg Daily Rate
$884
Occupancy
51%
STR Range (P50)
$121,488
🟡 MEDIUM RISK — Registration required. Seasonal restrictions may apply.
STR revenue range: $78,343$167,314

Location & Nearby

Map of 265 Commercial Street, Provincetown MA with nearby beaches and points of interest
HThis property
  • A
    🍽️ Jd's Woodfire Grill
    0.00 mi
  • B
    🍽️ Tin Pan Alley
    0.01 mi
  • C
    🍽️ JD's Raw BAR
    0.01 mi
  • D
    🍽️ George's Pizza
    0.04 mi
  • E
    🍽️ Saki
    0.04 mi
  • F
    🍽️ Provincetown Brewing Company at the Crown
    0.04 mi
  • G
    🍦 Cabot's Candy
    0.04 mi
  • H
    🍽️ The Crown & Anchor
    0.05 mi

About this property

Dreams really do come true. Imagine owning a classic commercial property located in the heart of Ptown. Location is everything and not only is the building in the center of it all, but views of the bay are exquisite. The 1st floor features huge retail space, which was last used as a restaurant with two bars, large commercial kitchen, with a 2-year-old hood system and 4 walk ins. Alfresco dining in the back with views of the bay. It could be fabulous. 2nd and 3rd floors boast four short-term rentals. One is currently being utilized as an owner's suite. With full kitchen, living area, office, bedroom, private deck, and again gorgeous bay views. It is absolutely breath taking. Another suite offers common living space, common bathroom, and then two private bedrooms. Laundry is on 2nd floor. Third floor gives you 2 private suites, both with full kitchens, living area, bathrooms, decks, loft bedrooms, and yes, stunning views of the water.

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📋 Provincetown Short-Term Rental Rules
Registration, taxes, occupancy caps, and enforcement for STRs in Provincetown
Listed by Ray Hoess-Brooks, HB Real Estate,LLC