27 Washington St # 27, Gloucester MA 01930
Gloucester, MA 01930
$325,000
Est. $2,093/month
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About this home
Prime Downtown Gloucester Commercial Opportunity! This stand alone commercial condominium offers a rare opportunity to own a distinctive property in the heart of Gloucester. Ideally located on Washington Street, this versatile property is well suited for an owner user, professional office, retail, service business, or investor looking to establish a presence in one of Cape Ann’s most vibrant communities. The layout provides excellent visibility and flexibility, potential for residential expansion while the central location offers convenient access to downtown Gloucester, Main Street, the waterfront, restaurants, shops, and local amenities. With its unique character and outstanding location this property presents an exciting opportunity to own commercial real estate in downtown Gloucester. Explore the possibilities and bring your business vision to life!
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Recently Sold Nearby
Property History
Market Insights
10.2%
Price Range
1
Previous Sales
Property Timeline
Listed for Sale
Aug 30, 2026
$325,000
Original listing
Agent: Irma Fountain
Office: Keller Williams Realty Evolution
Previous Transaction - MLS #73397631
Full transaction history available when tracking began
Previously Sold
Aug 14, 2025
$292,000
MLS #73397631
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/30/2026 | 🏠 Listed for Sale | $325,000 | - | - | Original listing |
| 08/14/2025 | 🏷️ Previously Sold | $292,000 | - | - | MLS #73397631 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $3,000 | — |
Financial Details
Annual Property Tax
$3,000
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1900
Lot Size
0.17 acres
Investment Metrics
Gross Income
$24,000
Net Operating Income
$18,800
Operating Expenses
$3,500
Cap Rate
5.78%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Asphalt/composition Shingles
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Private Water, Public Sewer, Natural Gas Available
Financial
Annual Tax
$3,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
This Stand Alone Commercial Condo Is Part Of The 40-42 Middle St. Condominium Trust. Assessed Value And Taxes Are Estimates There Is Sewer Easement Agreement For The Sewer Servicing The 40-42 Middle St. Building. Also Available For Rent At $2200 A Month.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
1900
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Asphalt/Composition Shingles
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Gloucester School District local
C-
Where Graduates Go
Class of 2021
42%
attend college
31%
4-Year
11%
2-Year
17%
Out of State
14%
Working
School Safety
2024-25
1.9%
Average
1.9%
Suspensions
0.5%
In-School
3.6% below state avg
Elementary Schools
6 schools
Faith Christian School
1.5 mi
Grades PK-08
C
East Veterans Elementary School
1.0 mi
|
#651 of 824
|
Score: 38.2
Dropped 58 spots from last year
-20 below state avg
451 students
Diverse
Grades K-05
Gloucester PreSchool
1.2 mi
101 students
Moderate
Grades PK
C-
Beeman Memorial School
1.7 mi
|
#701 of 824
|
Score: 35.6
Dropped 172 spots from last year
-22.6 below state avg
292 students
Diverse
Grades K-05
C-
West Parish School
2.3 mi
|
#683 of 824
|
Score: 36.5
Dropped 245 spots from last year
-21.7 below state avg
382 students
Less Diverse
Grades K-05
B+
Plum Cove School
4.3 mi
|
#322 of 824
|
Score: 50.1
Improved 68 spots from last year
-8.1 below state avg
217 students
Less Diverse
Rising School
Grades K-05
Middle Schools
1 school
C+
Ralph B O'Maley Middle School
1.3 mi
|
#238 of 352
|
Score: 37.3
Improved 24 spots from last year
-20.9 below state avg
619 students
Moderate
Rising School
Grades 06-08
High Schools
1 school
C+
Gloucester High School
0.5 mi
|
#212 of 346
|
Score: 50.4
Improved 27 spots from last year
-7.8 below state avg
776 students
Moderate
17 sports
• 1,070 athletes
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$250
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
27 Washington St # 27, Gloucester MA 01930
Gloucester, MA 01930
Listing Information
Listing Agent
Irma Fountain
Listing Office
Keller Williams Realty Evolution
Office Phone
781-395-5600
Agent MLS ID
CN256055
Office MLS ID
AN6887
Listing Data Updated
Aug 30, 2026 9:18 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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