Active

321 Commercial Street

Provincetown MA, 02657

$14,000,000


$1,688.17 per sqft

Active

8,293 sqft

Commercial

Built in 1900

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!

22300160

MLS ID

January 17, 2023

Listed

June 12, 2024

Updated

Map

321 Commercial Street
Provincetown MA, 02657

Interior Features

Total Stories

2


Appliances

Electric Water Heater, Water Heater


Floor Description

Carpet, Tile, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall Unit(s)


Heating

Yes

Exterior/Building Features

Lot Size

0.07 Acres


Exterior Features

Sign


Lot Features

In Town Location, Shopping, Marina, Level


Roof

Pitched


Sewer

Public Sewer

Other Property Details

Taxes

$20,664


Tax Frequency

Annually


Days on Market

372


Garage

No


Parking

None


View

No


County

Barnstable


Municipality

Provincetown


Water Source

Public


Pool

No


Waterfront

Yes


Zoning

TCC


Buyer Agency Compensation

3%

Courtesy of Premier Commercial, John E Ciluzzi

The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. (CCIMLS). Real estate listings provided by CCIMLS and held by brokerage firms other than Paul Grover are marked with the CCIMLS BR Logo and detailed information includes, at minimum, the name of the listing agent and broker attribution assigned by the listing broker. This site was last updated 6/12/2024. Neither the listing broker nor Paul Grover shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. All properties are subject to prior sale, changes, or withdrawal.

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