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108 Main Street

Gloucester, MA 01930
  • $1,750,000
  • STATUS: Active
  • MLS #: 72991842
UPDATED: 70 min ago
$1,750,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,200
    SQFT
  • $243
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1860
County:
Area:

School Ratings & Info

Listing courtesy of Fred Newton of Sovereign Realty Advisors, Llc.

Description

Investors & Owner Occupiers... 7,200sqft Mixed Use Residential / Commercial property located at the busy West End of Main Street, Gloucester. Seven total units- Four commercial & three residential. All 4 commercial units are rented. Two residential units rented through AirBnb, large residential unit owner-occupied. Architectural character inside and out. Features include 16' high ceiling, 9' windows, exposed brick, full basement & sprinkler system. Corner lot location, within 1/2 mile of MBTA and 1 mile to Rte 128. Opportunity to enhance investment return by updating below-market rents. Long standing anchor tenant (26 years). Contact listing broker for financials and showing instructions.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-03T16:08:39.977.
www.thehometownexperts.com/homes/129461557
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108 Main Street Gloucester, MA 01930

  • Price: $1,750,000
  • Status: Active
  • On Site: Days
  • Updated: 70 min ago
  • MLS #: 72991842
0
Beds
0
Baths
0
½ Baths
0.06
Acres
7,200
SQFT
$243
$/SQFT
1860
Built
Neighborhood:
Other
County:
Essex
Area:
Other
Property Description
Investors & Owner Occupiers... 7,200sqft Mixed Use Residential / Commercial property located at the busy West End of Main Street, Gloucester. Seven total units- Four commercial & three residential. All 4 commercial units are rented. Two residential units rented through AirBnb, large residential unit owner-occupied. Architectural character inside and out. Features include 16' high ceiling, 9' windows, exposed brick, full basement & sprinkler system. Corner lot location, within 1/2 mile of MBTA and 1 mile to Rte 128. Opportunity to enhance investment return by updating below-market rents. Long standing anchor tenant (26 years). Contact listing broker for financials and showing instructions.
Exterior Features

Location Downtown Parking Spaces 0 Roof Material Membrane Stories 3

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 2800.00 Restrooms 7 Rsf Building Sq Ft 4400.00 Total Building Sq Ft 7200.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 652500.00 Assessed Value Land 231600.00 Assessed Value Total 884100.00 Commercial Industrial Type Mixed Use Disclosure No Exchange No Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 4 Rsu Units 3 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2021 Taxes 10715.00 Total Units 7 Utilities Public WaterPublic SewerNatural Gas Wau Units 0 Year Built Source Pr Zone Description Legal Non-Conforming Zoning Cb

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Fred Newton of Sovereign Realty Advisors, Llc.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-03T16:08:39.977.
 
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Listing courtesy of Fred Newton of Sovereign Realty Advisors, Llc.