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27 Washington St

Gloucester, MA 01930
  • $299,000
  • STATUS: Active
  • MLS #: 73334190
UPDATED: 31 min ago
$299,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 925
    SQFT
  • $323
    $/SQFT
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Listing courtesy of Shoshanah Collins of Boston Metropolitan Realty.

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 of 2nd floor and Development of a 3rd fl condo is a possibility (consider building residential units above for mixed use, or convert all to residential, and/or split the lot). Keep operating as a restaurant as you figure out a plan. Steps from Main Street and Gloucester Harbor. Leased parking spaces option from St. John's Church plus plenty of on-street parking. All separate utilities and sewer. 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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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 2025-04-20T11:04:01.74.
www.maloneypropertiesrealestate.com/homes/160231514
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27 Washington St Gloucester, MA 01930

  • Price: $299,000
  • Status: Active
  • On Site: Days
  • Updated: 31 min ago
  • MLS #: 73334190
0
Beds
0
Baths
0
½ Baths
0.17
Acres
925
SQFT
$323
$/SQFT
1900
Built
County:
Essex
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 of 2nd floor and Development of a 3rd fl condo is a possibility (consider building residential units above for mixed use, or convert all to residential, and/or split the lot). Keep operating as a restaurant as you figure out a plan. Steps from Main Street and Gloucester Harbor. Leased parking spaces option from St. John's Church plus plenty of on-street parking. All separate utilities and sewer. 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.
Exterior Features

Parking Total 0 Roof Asphalt/Composition ShinglesRubber Waterfront YN No

Interior Features

Building Area Total 925

Property Features

Association Fee 267 Association Fee Includes InsuranceMaintenance StructureSnow Removal Association YN Yes Business Type Commercial Condo Disclosures This commercial building is one of six units in the condominium association. The other 5 units are residential and are in a separate building. The two buildings share a yard with exclusive use areas. The condo assoc. has a sewer easement for the sewer coming from the residential building. Gross Income 24000 Home Warranty YN No Senior Community YN No Tax Annual Amount 2000 Tax Year 2024 Utilities Public WaterPublic SewerNatural Gas Available Zoning R-5

Listing information © 2025 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Shoshanah Collins of Boston Metropolitan Realty: 508-969-2860.


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 2025-04-20T11:04:01.74.
 
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Listing courtesy of Shoshanah Collins of Boston Metropolitan Realty.