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321 Commercial Street

Provincetown, MA 02657
  • $14,000,000
  • STATUS: Active
  • ON SITE: 598 Days
  • MLS #: 22300160
UPDATED: 43 min ago
$14,000,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,293
    SQFT
  • $1,688
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

The waterfront restaurant branded as THE LOBSTER POT of Provincetown is for sale. The sale includes the land, buildings, business, equipment, improvements and brand. This iconic business has been the hospitality staple in Town since 1979. The Lobster Pot is a Provincetown Tradition and the iconic neon lobster sign has guided generations of guests through the door. People come from around the world to experience fresh seafood, an amazing view of Provincetown Harbor and outstanding Cape Cod hospitality! The McNulty family took over operations in 1979 with the goal of providing an authentic Cape Cod dining experience in a comfortable setting. Focused on quality food and supported by outstanding service, the Lobster Pot is an institution like no other and part of what makes Provincetown so special. Located in the center of town, the .07 acre lot is improved by a 8,293SF building that enjoys multiple dining rooms and numerous bars on two levels of waterfront dining. The business is in the top 0.5% of restaurants in the USA. This offering has it all including but not limited to location, brand, business, frontage, signage and financials. Consider this amazing waterfront investment!

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Cape Cod & Islands MLS logo © 2024 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rand Atlantic Cape Cod Realty. Data last updated: 2024-09-07T16:25:35.837.
www.randatlantic.com/homes/136129305
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321 Commercial Street Provincetown, MA 02657

  • Price: $14,000,000
  • Status: Active
  • On Site: 598 Days
  • Updated: 43 min ago
  • MLS #: 22300160
0
Beds
0
Baths
0
½ Baths
0.07
Acres
8,293
SQFT
$1,688
$/SQFT
1900
Built
Neighborhood:
Provincetown
County:
Barnstable
Area:
Provincetown
Property Description
The waterfront restaurant branded as THE LOBSTER POT of Provincetown is for sale. The sale includes the land, buildings, business, equipment, improvements and brand. This iconic business has been the hospitality staple in Town since 1979. The Lobster Pot is a Provincetown Tradition and the iconic neon lobster sign has guided generations of guests through the door. People come from around the world to experience fresh seafood, an amazing view of Provincetown Harbor and outstanding Cape Cod hospitality! The McNulty family took over operations in 1979 with the goal of providing an authentic Cape Cod dining experience in a comfortable setting. Focused on quality food and supported by outstanding service, the Lobster Pot is an institution like no other and part of what makes Provincetown so special. Located in the center of town, the .07 acre lot is improved by a 8,293SF building that enjoys multiple dining rooms and numerous bars on two levels of waterfront dining. The business is in the top 0.5% of restaurants in the USA. This offering has it all including but not limited to location, brand, business, frontage, signage and financials. Consider this amazing waterfront investment!
Exterior Features

Construction Materials ClapboardShingle SidingSheet RockFrame Exterior Features Sign Foundation Details Poured Lot Features In Town LocationShoppingMarinaLevel Open Parking No Parking Features None Roof Pitched Water Front Yes Water View Yes Waterfront Features BayOther - See RemarksBeach Front

Interior Features

Appliances Electric Water HeaterWater Heater Basement Yes Basement1 Cape CodInterior EntryPartialOther Cooling True Cooling Features Central AirWall Unit(s) Fireplace YN No Flooring CarpetTileLaminate Garage No Heating Yes Rooms Total 7 Window Features Display Window(s)

Property Features

Association No Building Name Building Name: LOBSTER POT Business Name LOBSTER POT Business Type Business w/Real EstRetail Current Use RestaurantWaterfront Restaurant Flood Insurance Required Yes: verify w/insurance agent Flood Zone AE Improvement Assessments 1262900 Land Assessments 2360200 Lead Paint Unknown Other Assessments 2300 Property Sub Type Restaurant Seasonal Year Round Sewer Public Sewer Special List Conditions None Tax Annual Amount 20664 Tax Assessed Value 3625400 Tax Book Number 193134 Tax Year 2023 Water Body Name Provincetown Harbor Water Source Public Waterview Type Bay/Harbor Year Built Description Updated/Remodeled Year Built Effective 2020 Zoning TCC

Cape Cod & Islands MLS logo Listing information © 2024 Cape Cod & Islands Multiple Listing Service, Inc.
Listing provided courtesy of John E Ciluzzi of Premier Commercial:


Cape Cod & Islands MLS logo © 2024 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rand Atlantic Cape Cod Realty. Data last updated: 2024-09-07T16:25:35.837.
 
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229 Old Main Road
North Falmouth MA, 02556