CCertihomes
539 Commercial Street #1, Provincetown, MA 02657

$2,850,000

0 beds 0 baths Built 1900Active

About this home

Exciting opportunity to purchase one of Provincetown's most beloved and popular waterfront restaurants. Operated year-round and owned by the current owner for 23 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.'

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$17,014/mo

Real estate (PITI + HOA + PMI)
$17,635
Principal + interest$12,926
Property tax + insurance$3,640
PMI / 2nd mortgage$1,069
Utilities
$493
Heating + cooling$85
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$98
Car insurance + maintenance$98
Other (entertainment)
$157
$17,014/mo TLC
Budget$17,514/mo
Remaining after TLC$500/mo
Purchase price
$2,850,000
Down payment
$142,500 (5%)
Loan amount
$2,707,500
APR
4%

Quick facts

Type
COM
Style
Year built
1900
Lot size
0.14 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$10,604
MLS #
73196953
County
Barnstable

Neighborhood — 02657

MetricThis ZIPCountyUSA
Population3,5086,444,931299,088,112
Population Change Since1990-1.00%7.00%20.00%
Population Density351786
Male1,8853,127,134147,432,321
Female1,6233,317,797151,655,844
Never Married1,7251,612,88563,775,926
Married6462,586,314123,120,365
Separated210247,85712,639,686
Widowed196363,59415,467,586
Divorced527436,88823,075,029
Number Of House Hold1,5362,431,591111,826,380
Average House Hold Size2.072.562.60
Medial Age44.9237.2535.46
Median House Hold Income$36,808$57,698$48,276
Average House Hold Income$55,630$75,023$63,629
P C I$27,564$29,196$24,529
M D I$32,499$48,105$41,133
A T H E$46,789$57,083$50,898
S T R5.00%5.00%
W C J82.88%81.38%77.74%
(Zip) Code
2657

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 1/26/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.

539 Commercial Street #1 · Provincetown — $2,850,000 · Certihomes