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 9, 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 |
---|---|---|
12/9/2024 | 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 7:19 PM UTC, 12/9/2024