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

593 Commercial Street

Provincetown, MA 02657
$3,950,000
14 days on market · Listed Mar 25, 2026
Data refreshed Apr 8, 2026
🌊 Not in FEMA SFHA
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Type
SF
Beds
3
Baths
2.5
Sq Ft
1,098
Acres
0.2
Year Built
1900
$ / Sq Ft
$3,597
Days on Market
14

Investment Snapshot

🟡 MEDIUM RISK
Monthly Carrying
$21,327
Cash Flow / yr
$-199,370
Cash-on-Cash
-18%
Cash Required
$1,106,000
Projected Revenue / yr
$95,410
Avg Daily Rate
$503
Occupancy
52%
STR Range (P50)
$70,148
🟡 MEDIUM RISK — Registration required. Seasonal restrictions may apply.
STR revenue range: $47,348$96,091

Location & Nearby

Map of 593 Commercial Street, Provincetown MA with nearby beaches and points of interest
HThis property
  • A
    🍽️ Fanizzi’s Restaurant - Provincetown, MA
    0.26 mi
  • B
    🍽️ East End Market
    0.46 mi
  • C
    🛒 Angel Foods
    0.63 mi
  • D
    🍽️ Ciro & Sal's
    0.74 mi
  • E
    🍽️ The Mews Restaurant & Cafe
    0.75 mi
  • F
    🚤 Poor Richards Landing
    0.76 mi
  • G
    🍽️ Yolqueria
    0.87 mi
  • H
    🍽️ Pepe's Wharf Restaurant
    0.97 mi

About this property

Welcome to your private waterfront retreat in Provincetown! This charming 3-bedroom, 2.5-bathroom compound featuring a cottage and separate studio blends beachy charm with modern amenities and offers stunning views of Provincetown Harbor. The 2-bedroom, 1.5-bathroom cottage with wide pine floors, exposed wood beams, and a wood-burning fireplace, was once home to Eugene O'Neill and Joel Meyerowitz. The updated kitchen, modern bath, and spacious living room with waterfront deck provide both comfort and style. Upstairs, the primary bedroom offers panoramic water views and ample storage. The guest bedroom includes built-ins and closet space, with a convenient half bath. Across the lawn, the studio suite with full bath and kitchen offers privacy and flexibility for guests or rental income. The waterfront deck with outdoor shower and lush gardens ensures relaxation and privacy. Additional storage, parking for two cars, and a great rental history make this a must-see.

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