Waterfront
Address
321 Commercial Street, Provincetown, MA
Price
$ 14,000,000
Property Attributes
  • MLS#22300160
  • TypeCommercial
  • CountyBARNSTABLE
  • CityProvincetown
  • Zip02657
  • StyleRestaurant
  • Year Built1900
  • Taxes$ 20664
  • Price$ 14,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8293
  • Lot Size3,049 SqFt
Data Source:
Cape Cod and Islands MLS (CCIMLS)
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!

Price History
1/18/2023 Listed $14,000,000

General Features

Sewer Public Sewer
Cooling Central Air,Wall Unit(s)
Roof Pitched
Appliances Electric Water Heater,Water Heater
Exterior Features Sign
Zoning TCC
Construction Materials Clapboard,Shingle Siding,Sheet Rock,Frame
Year Built 1900
Stories 2
Township Provincetown
Property SubType Restaurant
Tax Year 2023
Current Use Restaurant,Waterfront Restaurant
Business Type Business w/Real Est,Retail
Waterfront Features Bay,Other - See Remarks,Beach Front
Building Name Building Name: LOBSTER POT
Business Name LOBSTER POT
County Barnstable
Property Type Commercial Sale
HOA / Comm Assn No
Garage Y/N No
Total Rooms 7
Status Active
Directions Bradford Street to Commercial Street to 321 Commercial Street,Provincetown,Cape Cod,MA,USA
City Provincetown
Body of Water Provincetown Harbor
Total Units 8
Lot Size Square Feet 3049
Waterfront Y/N Yes
Street Name Commercial
Tax Annual Amount 20664
Property Condition Updated/Remodeled
Days on Market 372
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 3625400
Waterview Y/N Yes

Interior Features

Basement Cape Cod,Interior Entry,Partial,Other
Flooring Carpet,Tile,Laminate
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Display Window(s)
Fireplace Y/N No
Street Suffix Street
Below Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet

Exterior Features

Parking Features None
Lot Features In Town Location,Shopping,Marina,Level
Water Source Public
Lot Size Area 0.07
Foundation Details Poured
Number of Buildings 1
Building Area Total 8293
Lot Size Acres 0.07
Lot Size Units Acres
Lot Size Source Owner
Open Parking Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02657

Price
AVG $2.98M
$14M
Taxes
AVG $10,455
$20,664
Visits
AVG 52
108
Data Provided by Inside Real Estate®
Year Built
AVG 1915
1900
Walkscore
AVG 82
83
Data Provided by Walkscore® not using MLS data

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