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$375,000
Est. payment /mo
925 SqFt
UPDATED:
11/02/2024 07:06 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 925 sqft
Price per Sqft $405
MLS Listing ID 73299364
HOA Y/N true
Year Built 1900
Annual Tax Amount $3,000
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Description
What a gem! What a location! And what potential! This building is currently used as a one story restaurant, but is in the R-5 zone which allows multi-units. Renovation and Development possibilities a-plenty (consider building residential above for mixed use, or convert to multi-residential, and/or split the lot). Keep operating as a restaurant as you figure out a plan. Steps from Main Street and Gloucester Harbor. Two deeded parking spaces behind the building and two leased parking spaces from St. John's Church plus plenty of on-street parking. Don't miss this incredible business opportunity. Note: This commercial condo is part of a condo association with the 5 unit residential building next door. Buyer should do due diligence regarding development.
Location
State MA
County Essex
Zoning R-5
Direction Exit the RT128 rotary onto Washington St. and follow toward the harbor. It is the Two Sisters Diner
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Waterfront false
Roof Type Asphalt/Composition Shingles,Rubber
Total Parking Spaces 2
Others
Senior Community false
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Listed by Boston Metropolitan Realty
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Adam Gustafson
Broker Manager | License ID: 9565668
Broker Manager License ID: 9565668