141 Bradford St - Storefront FOR SALE


Provincetown, MA 02657
$2,150,000 USD
508-726-3304
141 Bradford St, Provincetown, MA for Sale
$2,150,000 USD
Storefront - FOR SALE
1/38
null | Request Cap Rate

141 Bradford St
Provincetown, MA 02657


HIGHLIGHTS

  • Prime center of town location
  • 93 full service seats plus additional gallons
  • Can be event space, gallery, retail, or possibly redeveloped

OVERVIEW

PRICE ADJUSTMENT! $150k reduction! Make Provincetown Your OWN with this expansive restaurant and event space located in the heart of the Provincetown downtown commercial district! Sale is of Real Estate only - Business is NOT FOR SALE. Currently the home of the Provincetown Brewing Company, this 3258sf open concept restaurant and brewery is licensed for 93 full service seats and 3591 gallons. Bar, tap lines, and keg fridge to remain along with kitchen equipment and large walk in fridge. The kitchen includes newer equipment: commercial range, Vulcan oven, fryers, commercial dishwasher, walk in condenser, Rinnai tankless water heater, and hood/ventilation components. Furnishings, decor, lighting, sound system, glassware, branded items, office equipment, and brewing systems will be removed. Expansive new outdoor patio is hugely popular in season. Buyer can assume current water/sewer betterment. Property is in the Town Commercial Center (TCC) zone so other uses including mixed used development may be possible. Bring your restaurant, event space, gallery, retail, or development dreams to life with this perfectly situated and well known Provincetown property! Sellers welcome offers with requests for Buyer concessions. Many new improvements since May 2019: addition of bar and seating area, increase in gallons to the property, addition of second bathroom with 1 urinal and 2 stalls, addition of commercial kegerator, strip and refinish of concrete floors, purchase of two air conditioning splits, addition of Rinnai tankless water heater, commercial kitchen hood and ventilation upgrades, addition of new commercial range and fryers, addition of huge exterior patio, upgrade of propane tanks, upgrade of walk in fridge condenser, install of electronic grease trap monitor. Real Estate ONLY - business is not for sale and will be moving. Current betterment balance is $103,840 for gallons currently assigned. Floorplan attached is for illustrative purposes only and square footage is estimated. Buyers are advised to conduct their own due diligence. Information deemed reliable, but not verified.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$660 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,271 SF

ZONING

TCC

APN/PARCEL ID

PROV-000012-000001-000134

ASK ABOUT THIS PROPERTY

Wendy BeaulieuWilliam Raveis Real EstateMore Info
508-726-3304

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Wendy BeaulieuWilliam Raveis Real EstateMore Info
508-726-3304

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.