27 Washington St
$319,000
925
Sqft
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$319,000
925
Living Area
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Property Description
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 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.
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Highlights
- HOA Fee: $267
- Year Built: 1900
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Roof: Asphalt/Composition Shingles, Rubber
- Zoning Description: Legal Non-Conforming
- Zoning: R-5
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Fees / Taxes
- Buyer Agent Compensation: 2.00%
- HOA Fee Includes: Insurance, Snow Removal
- Taxes: $3,000
- HOA: Yes
- Tax Year: 2024
Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Boston Metropolitan Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.