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Sold: Feb 19, 2025
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Sold: Feb 19, 2025

$3,175,000

0 Beds 0 Baths 12,822 SQFT 0.55 Acres
Type: Commercial

150 Main Street
Gloucester, MA 01930

MLS#: 73306566
Bruce Figurido
Bruce Figurido
Churchill Properties
Realtor
Phone: 978.869.3151
Office: 833.668.4649
Presented by: Bruce Figurido with Churchill Properties.

Property Description

 

Attention Investors and Developers! Seize this exceptional chance to transform a strategic property located in the vibrant heart of downtown Gloucester. Just one block from the picturesque harbor, this 12,000 sf building has ocean views from its upper levels,Constructed with solid steel beam and cement, this property offers the durability needed for a range of potential uses—subject to city approvals—including luxury condominiums, apartments, a boutique hotel, upscale restaurant, or retail space. The interior has been gutted, providing a blank slate ready for reconstruction to suit your design.Property includes a full parking lot with 20 spaces accessible from Middle Street, a rare asset in such a prime location. The surrounding area is a bustling hub, with local shops, renowned restaurants, parks, music venues, marinas, beaches, and supermarkets all within walking distance. The property is located in an economic opportunity zone for potential tax benefits.

 

General

Building Area Units0 sqft
Business TypeCommercial
CityGloucester
Close Price$3,175,000
ContingencyInspection
CountyEssex
DirectionsPLEASE USE GPS
HOANo
Home Warranty Y/NNo
Lot Size Square Feet23,915 sqft
Lot Size UnitsAcres
Property TypeCommercial Sale
RoofRubber
Senior Community Y/NNo
Standard StatusClosed
StatusSold
Tax Annual Amount$22,668
Tax Year2024
UtilitiesPublic Water, Public Sewer, Natural Gas Available, Three Phase
Waterfront Y/NNo
Year Built1961
ZoningCCD
Zoning DescriptionLegal Conforming

Exterior

Building Area Total12,822 sqft
Lot Size Acres0.55
Lot Size Area0 sqft
Total Parking20

  

Similar Properties

$3,175,000

0 Beds 0 Baths 12,822 SQFT 0.55 Acres
Type: Commercial

150 Main Street
Gloucester, MA 01930

MLS#: 73306566
Bruce Figurido
Bruce Figurido
Churchill Properties
Realtor
Phone: 978.869.3151
Office: 833.668.4649

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Churchill Properties: Massachusetts and New Hampshire Homes and Real Estate for Sale – Churchill Properties is a residential real estate firm serving Eastern Massachusetts and Southern New Hampshire. We specialize in selling and buying homes in Acton, Amesbury, Arlington, Bedford, Belmont, Beverly, Boston, Boxford, Brookline,
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  • 1-833-668-4649
  • info@churchillprop.com
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