Under contract

Contingent

150 Main Street

Gloucester MA, 01930

$3,250,000


$253.47 per sqft

Under contract

Contingent

12,822 sqft

Commercial

Built in 1961

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.

73306566

MLS ID

October 25, 2024

Listed

December 24, 2024

Updated

Map

150 Main Street
Gloucester MA, 01930

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.55 Acres


Roof

Rubber

Other Property Details

Taxes

$22,668


Tax Frequency

Annually


Garage

No


Parking Total

20


View

No


County

Essex


Pool

No


Zoning

CCD

Listing History

Date

Event

Price

12/24/2024

Under contract

12/23/2024

Pending

12/9/2024

Under contract

12/9/2024

Active

12/4/2024

Pending

11/20/2024

Under contract

 

Courtesy of Bruce Figurido, Churchill Properties

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Data last updated 1:18 PM UTC, 12/24/2024

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