150 Main Street

Gloucester,MA 01930

$ 3250000

- Bed

- Bath

12822 SqFt


Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 12,822 sqft

Price per Sqft $253

MLS Listing ID 73306566

HOA Y/N false

Year Built 1961

Annual Tax Amount $22,668

Tax Year 2024

Lot Size 0.550 Acres

Acres 0.55

Property Description

Attention Investors and Developers! Seize this exceptional chance to transform a strategic property located in the vibrant heart of downtown Gloucester. Just one block from the picturesque harbor, this 12,000 sf building has ocean views from its upper levels,Constructed with solid steel beam and cement, this property offers the durability needed for a range of potential uses—subject to city approvals—including luxury condominiums, apartments, a boutique hotel, upscale restaurant, or retail space. The interior has been gutted, providing a blank slate ready for reconstruction to suit your design.Property includes a full parking lot with 20 spaces accessible from Middle Street, a rare asset in such a prime location. The surrounding area is a bustling hub, with local shops, renowned restaurants, parks, music venues, marinas, beaches, and supermarkets all within walking distance. The property is located in an economic opportunity zone for potential tax benefits.

Location

State MA

County Essex

Zoning CCD

Direction PLEASE USE GPS

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available,Three Phase

Waterfront false

Roof Type Rubber

Total Parking Spaces 20

Others

Senior Community false

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