Pegasus Realty Group

706 Shore Rd, Unit 706, Truro, MA 02652

$22,999,000
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Active
SQUARE FEET20,285 MLS#73560277
STATUSActive PROPERTY TYPECommercial - Business

Property Description

White Sands Beach Club is a rare beachfront redevelopment opportunity located on 2.30 acres at Beach Point, immediately south of the Provincetown town line.The property is being offered under two separate purchase options:Buildings 2, 3 and 4 may be purchased together for $22,999,000. This offering includes 42 fee-simple condominium units totaling approximately 20,285 square feet.Buildings 3 and 4 may be purchased without Building 2 for $14,999,000. This offering includes 25 fee-simple condominium units totaling approximately 12,885 square feet.Building 1, containing the owners residence and staff apartment, is retained by the Seller and is excluded from both purchase options.The campus already operates under an established condominium structure. Approximately 40% of the units have been rebuilt from the ground up since 2019, with additional units substantially renovated. Building 4 remains largely original and represents the principal value-add component of the property. Potential strategies include phased condominium redevelopment, multifamily use or continued seasonal lodging, subject to all required approvals.

706 Shore Rd, Unit 706 | MLS# 73560277

This commercial property located at 706 Shore Rd, Unit 706, Truro, MA 02652 is currently listed for sale with an asking price of $22,999,000. Search Truro real estate on pegasusrealtygroup.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 2.30 Acres
Taxes: $24,097
Year Built: 2006

Feature Descriptions

Building Area Total: 20285
Business Type: Commercial
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 49
Parcel Number: M:0001 B:0000 L:00050,2399857
Rental Term: Monthly

Listed By / Shown By

Listed By

Agency Name: Commercial Realty Advisors, Inc.
Agent Name: Kevin A. Pepe
Agency Phone: 508-862-9000

agent picture

Shown By

Agent Name: Pegasus Realty Group
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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