Investors/Developers! This mixed use building offers an excellent potential return and a variety of potential uses. The property is located among the busiest shops and restaurants on Main street and includes two retail stores and three residential apartments all currently leased. The residential units include beautiful architectural details including exposed brick, over-sized windows, tall wooden-beamed ceilings, recessed lighting, central air and beautiful views of the harbor and ocean. There is a 2000+ sf single level luxury apartment on the second floor, with large granite kitchen, and two townhouse units of apx. 1350 utilizing the third and fourth floors. Historic Gloucester Harbor and a public beach is just 1/10 mile from the property. Don’t miss this amazing opportunity.
Cathedral/Vaulted Ceilings, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Internet Available - Unknown, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Office/Den
Basement Details
Full, Interior Entry, Concrete, Unfinished
Window Features
Box/Bay/Bow Window(s)
Exterior & Structure
Construction Materials
Brick, Stone
Foundation
Other
Exterior Features
Balcony/Deck
Patio/Porch Features
Porch, Deck - Composite
Has Spa
No
View
City View(s), Scenic View(s), City
Has View
Yes
Waterfront Features
Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.07 acres
Lot Size
2,890 sq ft
Lot Size Area
0.0700
Lot Features
Corner Lot
Road Surface Type
Paved
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, House of Worship, Marina, Public School, T-Station, Sidewalks
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$11,350
Tax Year
2025
Tax Assessed Value
$1,118,800
Tax Lot
001
Tax Block
0082
Tax Map Number
0007
Parcel Number
M:0007 B:0082 L:0000
Zoning
CB
Financial Data Source
Owner
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Recent repairs and renovations(1) water line(2) sewer line(3) roof(4) renovated kitchens and bathrooms in units 4 and 5 on 3rd floor(5) Added central Air in 3rd floor units