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

November 22, 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

11/20/2024

Under contract

 

Courtesy of Bruce Figurido, Churchill Properties

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

©2024 MLS Property Information Network, Inc. All rights reserved.

Data last updated 11:25 PM UTC, 11/22/2024

Powered byLuxury Presence