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337 Commercial St 2 Unit Apartment Building $16,663,916 CAD ($8,331,958 CAD/Unit) Provincetown, MA 02657
Executive Summary
Available for purchase following 70 years of ownership, this exceptional waterfront property presents a rare investment opportunity. This historic commercial parcel, once home of the Hillard Wharf now Lands End Marine Supply & Hardware store, is one of the largest parcels in the TCC Zoning District with 141.87+/- feet of frontage. This multi-use property consists of over 15,000+/- sq.ft. of retail space on the first floor and over 7,000+/- sq.ft. of combined office, retail and residential spaces on the second and third floors. The residential space consist of two units, each over 2,400sq.ft. One penthouse unit features 2 bedrooms, 1 & 1/2 baths, 2 fireplaces, an office and panoramic views of the bay on one side and Commercial St. on the other. The second penthouse, a spacious waterfront deed-restricted 2 bedroom 2 bath with an oversized deck boasts spectacular panoramic views, as well. The basement storage extends throughout the entire footprint of the building. 18+ parking spaces available.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$49,360
|
$1.86
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$49,360
|
$1.86
|
Financial Summary (Actual - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $49,360 |
| Annual Per SF | $1.86 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $49,360 |
| Annual Per SF | $1.86 |
Property Facts
| Price | $16,663,916 CAD | Building Class | B |
| Price Per Unit | $8,331,958 CAD | Lot Size | 0.86 AC |
| Sale Type | Investment or Owner User | Building Size | 26,590 SF |
| No. Units | 2 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 0.67/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | TCC | ||
| Price | $16,663,916 CAD |
| Price Per Unit | $8,331,958 CAD |
| Sale Type | Investment or Owner User |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.86 AC |
| Building Size | 26,590 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.67/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | TCC |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Very bikeable
80/100
Property Taxes
| Parcel Number | PROV-000012-000001-000012 | Total Assessment | $9,395,939 CAD (2025) |
| Land Assessment | $3,836,745 CAD (2025) | Annual Taxes | $49,360 CAD ($1.86 CAD/SF) |
| Improvements Assessment | $5,559,194 CAD (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
PROV-000012-000001-000012
Land Assessment
$3,836,745 CAD (2025)
Improvements Assessment
$5,559,194 CAD (2025)
Total Assessment
$9,395,939 CAD (2025)
Annual Taxes
$49,360 CAD ($1.86 CAD/SF)
Tax Year
2023
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337 Commercial St
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