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321 Commercial Street Provincetown MA 02657 | 22300160

321 Commercial Street
Provincetown, MA, 02657
$14,000,000
Beds
0 Baths
8,293 SqFt
0.07 Acres
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!

Property Details

Price:
$14,000,000
MLS #:
22300160
Status:
Active
Beds:
0
Baths:
0
Address:
321 Commercial Street
Type:
Commercial
Subtype:
Restaurant
City:
Provincetown
Listed Date:
Jan 17, 2023
State:
MA
Finished Sq Ft:
8,293
ZIP:
02657
Subdivision:
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1900
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Will was born in Denver, Colorado and raised in Granby, Connecticut on a 22 acre farm. From a very young age He spent his summers vacationing and working on Cape Cod. After earning his bachelor degree in Political Science from Connecticut College, he moved to Chatham and began work at the May School for Child Development. Will worked there for about 5 ½ years and then decided to pursue a career in real estate. He started off by receiving his salesperson license and soon thereafter he obtained a…

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Schools

Interior

Appliances
Electric Water Heater, Water Heater
Cooling
Central Air, Wall Unit(s)
Flooring
Carpet, Tile, Laminate

Exterior

Construction Materials
Clapboard, Shingle Siding, Sheet Rock, Frame
Exterior Features
Sign
Parking Features
None
Roof
Pitched

Financial

Buyer Agent Compensation
3.00%
Tax Year
2023
Taxes
$20,664

Map

Community

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321 Commercial Street
Provincetown, MA