Commercial Sale at 539 Commercial Street Unit 1, Provincetown MA 02657, Provincetown
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35 photos

$2,275,000

539 Commercial Street Unit 1, Provincetown MA 02657
Provincetown, MA 02657
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Exciting opportunity to purchase one of Provincetown's most beloved and popular waterfront restaurants. Operated year-round and owned by the current owner for 25 years, this full service establishment is licensed for 126 seats with a full bar. With a total area of approximately 3,618 sq. ft., including the basement storage, the establishment features three distinct dining rooms. These include a 50-seat room situated directly on the water, another 26-seat area in the bar room, and a street-front room accommodating 50 seats. Nestled in the stable and well-run condominium association of Provincetown's East End, this immaculately maintained and spotlessly clean restaurant comes with exclusive rights to use nine valuable parking spaces on the property. However, it's important to note that this offering does not include the right to use the name ''Fanizzi's.'' Seller welcomes offers with requests for buyer concessions.

Property details

MLS #
73406924
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
442
On market date
July 19, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.14 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Provincetown Schools
0.96 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
141
Student:teacher ratio
5.9:1
District
Provincetown
Middle
None found nearby
High
None found nearby

Walkability

Blended score for Provincetown's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

34
Car-dependent
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Google Places amenity density
30 / 100
Restaurants & cafes2
Grocery stores2
Parks8
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Provincetown, from live MLS data.

On the market 442 days -- 316 more days than Provincetown's current average of 126 days.
For reference, the median list price across 107 active listings in Provincetown right now is $1,495,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$13,850/mo
$455,000 down
$1,820,000 loan
Principal & interest$11,804
Property tax (est.)$1,896
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated November 7, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.