Sold!
$292,000
950
Living Area
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Property Description
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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Highlights
- Area: Dogtown Commons
- Unit Number: 27
- Status: Closed
- Property Class: Commercial Sale
- Year Built: 1900
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Additional Details
- Roof: Asphalt/Composition Shingles
- Zoning Description: Legal Non-Conforming
- Zoning: R5
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Fees / Taxes
- Tax Year: 2025
- Taxes: $3,000
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