27 Washington Street # 27, Gloucester MA 01930
Gloucester, MA 01930 • Dogtown Commons
$292,000
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Sale Statistics
Sale Overview
Original List Price:
$299,000
Final Sale Price:
$292,000
Difference:
$7,000 (-2.3%)
Performance Metrics
97.7%
List to Sale Ratio
Sold below asking price
32
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$315
Sale $/sq ft:
$307
This property sold for $307 per square foot
Sale Summary
This property sold for 2.3% below the original asking price.
The property spent 32 days on market before selling.
About this home
Developers, restaurants, and business people will want to see this. This standalone building is in the R5 multi-unit zone in the heart of Downtown Gloucester. Just a block from Main St restaurants and shops and the harbor. Consider adding residential condos on upper levels. Keep the ground level as a commercial unit or convert it to residential as well. Buyer to do their own due diligence. Currently operated as a diner. There is 2nd floor space that isn't currently utilized. Exclusive use back yard as well. Lots of options! Plenty of parking on the street plus option to lease parking spaces from St Johns lot next door. Current tenant runs the Two Sisters Diner as tenant at will. Monthly HOA fee $267
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Recently Sold Nearby
Property History
Market Insights
10.2%
Price Range
Property Timeline
Current Active Listing - MLS #73569899
Full transaction history available when tracking began
Currently Listed
Aug 30, 2026
$325,000
MLS #73569899 - Active
Sold
Aug 14, 2025
$292,000
Property sold
Listed for Sale
Jun 27, 2025
$299,000
Original listing
Agent: Timothy Collins
Office: Boston Metropolitan Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/30/2026 | 🏡 Currently Listed | $325,000 | - | - | MLS #73569899 - Active |
| 08/14/2025 | ✓ Sold | $292,000 | - | - | Property sold |
| 06/27/2025 | 🏠 Listed for Sale | $299,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $3,000 | — |
Financial Details
Annual Property Tax
$3,000
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1900
Living Area
950 sq ft
Lot Size
0.17 acres
Investment Metrics
Gross Income
$24,000
Net Operating Income
$18,800
Operating Expenses
$5,200
Cap Rate
6.29%
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
Public 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
List Agent Is Owner. This Stand Alone Commercial Condo Is Part Of The 40-42 Middle St Condominium Trust. Assessed Value And Taxes Are Estimates Because The City Has Not Issued The Taxes For This Condo Yet. There Is A Sewer Easement Agreement For The Sewer Servicing The 40-42 Middle St Building.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
Sold
Year Built
1900
Living Area
950 sq ft
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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Location
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Neighborhood
Dogtown Commons
27 Washington Street # 27, Gloucester MA 01930
Gloucester, MA 01930
Listing Information
Listing Agent
Timothy Collins
Listing Office
Boston Metropolitan Realty
Office Phone
508-969-2860
Agent MLS ID
CN260408
Office MLS ID
AN0194
Listing Data Updated
Aug 19, 2025 3:35 PM 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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