Prime location with excellent visibility on Rte 133. Features two bldgs total 4,900sf on .82 acres. Bldg 1 is single story 60'x40' steel frame with 3 garage bays with power openers (2@ 10'wx12'h, 1@ 10'x10'). Includes waiting room, 1 bath & loft with power lift for addl storage. Sale includes service/repair license, used car license and state inspection business along with systems and inspection equip. Addl equip; 1 car lift, tire change and balance machine. Parking adjacent to the building has 28 lined spaces. Bldg 2 is 2-story 2,500sf cement block and frame- 1st floor commercial showroom/sales floor with 3 overhead doors. 2nd floor potential for 2 bed, 1 full bath apartment (would need permit from city), & full basement. Rear of property find a covered work space flanked by 2 storage containers. Enter the west end of the lot by a gravel driveway that opens up to a large laydown area for larger vehicles and equipment. Includes 4 large storage containers onsite.
If you’ve been looking for something you would be proud to own, this is it. Stately and majestic the building now has 3 separate office spaces on the first level and two 2-bedroom spacious apartments on the upper levels. High visibility location. Live in bustling downtown Gloucester near shopping, entertainment and many dining choices. Hop on the train nearby, if you are going to a show in Boston and return to your home knowing it’s so close. Easily work from home with separate entrances for the office. Grand staircase leads to the upper floors you can use as home, or use one or both for additional income. The bonus is the ample parking area and the two-car garage.
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.
Property Details:Property consists of a single story high ceiling building, approximately 9,000 sq ft on approximately 1 acre of land, lending itself to many uses such as Retail, Office, Showroom, Automotive Repair, and Sales.Zoning:This Zone allows for all of the above making it one of the most sought after locations. Full table of uses is available.Potential Growth:Given the prime location and zoning designation, there may be opportunities for future development or renovation to increase the value of the property further.Investors could explore options for property improvement or expansion to attract higher-paying tenants or increase rental rates.Location:Perfectly located on a busy road that provides plenty of visibility. Accessibility to highways like Interstate I-95 aka Route 128. The North Shore area is one of the fastest growing areas in the state, which provides a vibrant business environment for nearly all potential uses.
Attention business owners and investors! Fantastic opportunity to own this Mixed Use property in sight of the ocean and in the heart of Magnolia Village. Four residential apartments. The first-floor unit has an updated kitchen and hardwood floors and offers 3 bedrooms and 2.5 baths also two one-bedroom apartments..one apartment rented and the other apartment being renovated and a penthouse 2 bedroom unit completely renovated. Relaxing " common area ocean-view roof deck. Four retail units are located on Lexington Ave. 3 Store fronts rented and 1 vacancy. All store fronts pay their own utilities. Residential renters have heat and hot water included. Septic System is massive and supports up to 14 bedrooms. Take advantage of this up-and-coming area with its shops and restaurants. This property has so much potential Think... Condo conversion? Airbnb? Live and have your business with no commute. Steps to the ocean and Kettle Cove beach, restaurants, shops, and Magnolia Library.
Incredible opportunity for restaurateurs, entrepreneurs, or investors to take over a turnkey 135 seat bar and restaurant in the heart of Gloucester. Situated in a prime location near popular attractions and local businesses, ensuring a steady stream of customers year-round. Public parking lot directly across street. Fully renovated dining area, bar, signage, and kitchen with full liquor license and 1:00 AM closing. Over $250,000 in recent up-fitting and renovations, including brand new hood, cooktop, fryers, flat top, grill, range, ovens, broiler, dishwasher, ANSUL system, walk-in, soda and beer lines, coolers, ice maker, HVAC, AV, security system, and more. 90% LTV Owner Financing Available
The median home value in Gloucester, MA is $840,625. This is higher than the county median home value of $572,900. The national median home value is $338,100. The average price of homes sold in Gloucester, MA is $840,625. Approximately 55.89% of Gloucester homes are owned, compared to 33.2% rented, while 10.92% are vacant. Gloucester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gloucester real estate agent to arrange a tour today!
Gloucester, Massachusetts has a population of 29,814. Gloucester is less family-centric than the surrounding county with 25.04% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Gloucester, Massachusetts is $82,984. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Gloucester is 50.2 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 49 inches per year, with 43.6 inches of snow per year.