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News: Front Section
Posted: August 25, 2023
Ciluzzi of Premier Commercial retained to market and sell The Provincetown Inn
Provincetown, MA John Ciluzzi, president of Premier Commercial, has been retained to market and sell the property located at 1 Commercial St. known as The Provincetown Inn.
The Provincetown Inn is situated on over 6 acres of waterfront land overlooking the Provincetown Harbor and next to the Pilgrim’s First Landing Park. The land is improved by over 82,000 s/f of buildings with 102 appointed guest rooms, which include two honeymoon suites, 125 parking spots, 2 restaurants, pool, private beach, six function and banquet rooms that can accommodate from 20 to 275 people, and more amenities.
Established in 1925, The Provincetown Inn was a new hotel with 28 guest rooms and a formal dining room with views of Provincetown, the harbor and Cape Cod Bay. In 1935, the Inn was purchased by Chester Peck. In the 1950’s, additional rooms were added as well as the Olympic-sized pool in the shape of a pilgrim’s hat. In 1977, Brooke Evans purchased the hotel.
In 1999, Evan Evans purchased the Inn from his parents. Today, Evan and Lois Evans and general manager Derek Evans run the day-to-day operations of the Inn. The Inn has become a sought-after venue for waterfront weddings and conferences, and the recently renovated Pilgrim Pool Bar and Grill is a summertime attraction.
The sale includes the land, buildings, business, equipment, improvements, and brand.
Ciluzzi said, “The Provincetown Inn’s waterfront location, history and business is an opportunity that will capture national interest and international attention. The brand, so well known as The Provincetown Inn, has been enjoyed by visitors from around the world. We see the property has a unique opportunity to continue as a hospitality operation or potentially a redevelopment play that could include residential, mixed use development or workforce housing. This is the first time in 46 years that this property has been offered for consideration. Simply stated, the waterfront property is like no other in the region. Premier Commercial will be running a sales process to include tours of the site in August and September."
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