116-118 East Main Street, Gloucester, MA 01930



Type of Comm.
Lot Size
Huge Potential! Being sold as land with mixed use building only, no business. This property consists of a large lot with building that was a restaurant with two 1 bedroom apartments on the second floor. There are restaurant fixtures still available in the property. The property has a large frontage and 30+ parking spaces. This is a great opportunity to bring back a once thriving restaurant or create a different business use, or for possible residential development. Great location across from harbor, boat yards and very close to Rocky Neck. Call for details. Buyer to perform their own due diligence. Property being sold AS-IS, WHERE-IS, AS-SEEN. No representations are made as to the condition of any fixtures or systems in the property. Buyer responsible for all permits, certificates and inspections.
Open House
No scheduled Open Houses
Lot Size: 29,620.00
Acres: 0.68
List Price: $675,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Restrooms: 2
Stories: 2
Buildings: 1
Total Units: 3
Units: 3
Total Sq. Ft.: 5,127
Year Built: 1950
Approx. GLA: 5,127
Sub Dividable: U
MLS#: 72097984
Ceiling Height: 8
Elevator: No
Acres: 0.68
Space Dividable: Unknown
Easements: Yes
Expandable: Unknown
Handicap Access: Unknown
Lot Size: 29,620.00
Parking Spaces: 25
Parking Features: Open, 21+ Spaces, Paved Driveway
Construction: Frame
Railroad Siding: No
Roof Material: Combination, Shingle
Site Condition: Dry, Slope, Improved
Underground Tank: Unknown
Location: Suburban, Free Standing, Neighborhood
Utilities: Public Water, Public Sewer, Natural Gas, 220 Volts
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $320,600
Condo Assoc.: No
Assessed Land Value: $216,300
Exchange: No
Taxes: $7,082
Tax Year: 2017
Lien and Encumbent: No
Book/Page: 00/00
Sublet: No
Total Assesed Value: $536,900
Zone Description: Legal Non-Conforming, Other (See Remarks)
Office Sq. Ft.: 300
Office Units: 1
Retail Sq. Ft.: 3,800
Retail Units: 1
Residential Sq. Ft.: 600
Residential Units: 2
Disclosure Declaration: No
Disclosure: Real Estate Only. All measurements and square footage(s) are approximate. Property to be conveyed "AS IS-WHERE-IS- AS-SEEN. Buyer to perform all due diligence. All permits and inspections are the responsibility of the Buyer. No representations made as to the condition of any fixtures or systems.
For Lease: No
Space Available: For Sale
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The listing office is Century 21 North Shore and the listing agent is Elizabeth Schultz. 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 it's 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. The data was last modified on 8/19/2017 6:05:00 PM.
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Office - Danvers