20 Bank Street
Wellfleet, MA · $1,350,000
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📊 STR projections🏖️ Beach distances🌊 Flood-zone risk📄 Investment dossier💰 Cash-flow analysis

20 Bank Street

Wellfleet, MA 02667
$1,350,000
320 days on market · Listed Mar 1, 2026
Data refreshed Apr 8, 2026
Water view🌊 Not in FEMA SFHA (Zone X)Tax: $4,573/yr (2025)
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Type
SF
Beds
2
Baths
1.5
Sq Ft
3,119
Acres
0.26
Year Built
1945
$ / Sq Ft
$433
Days on Market
320

Investment Snapshot

🟢 LOW RISK
Monthly Carrying
$7,368
Cash Flow / yr
$-58,268
Cash-on-Cash
-15.4%
Cash Required
$378,000
Projected Revenue / yr
$49,051
Avg Daily Rate
$269
Occupancy
50%
STR Range (P50)
$35,912
🟢 LOW RISK — Registration required.
STR revenue range: $24,995$49,666

Location & Nearby

Map of 20 Bank Street, Wellfleet MA with nearby beaches and points of interest
HThis property
  • A
    🚤 Wellfleet Town Landing
    0.08 mi
  • B
    🍽️ Winslow's Tavern
    0.10 mi
  • C
    🍽️ Pizza Spinello
    0.10 mi
  • D
    🛒 Hatch's Fish & Produce
    0.13 mi
  • E
    🍽️ Mac's Shack
    0.21 mi
  • F
    🍦 Gelato Joy Cafe
    0.21 mi
  • G
    🍽️ The Flying Fish
    0.25 mi
  • H
    🍽️ Box Lunch
    0.29 mi

About this property

Welcome to the Blue Heron Gallery where charm and location converge just off Main Street in Wellfleet. With cottage roots dating back to 1946 in Truro, the structure was relocated and joined to the existing gallery in the 70s, creating a unique property that blends history with creative potential. Zoned for both commercial and residential use, it offers flexibility for a boutique storefront, gallery space, or a reimagined residence with the potential for up to two bedrooms.Currently used exclusively as a gallery, the building's layout and visibility support a wide range of uses. Step outside into the blooming gardens and you're just moments from Wellfleet's vibrant village center-home to beloved restaurants, galleries, shops, and its world-famous oysters.Thoughtfully maintained, recent improvements include a newer roof, updated windows, Azek trim, and refreshed landscaping. Whether you continue its artistic legacy or pursue a new vision, opportunity awaits.

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📋 Wellfleet Short-Term Rental Rules
Registration, taxes, occupancy caps, and enforcement for STRs in Wellfleet
Listed by Dawn Lee, Gibson Sotheby's International Realty