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$299,000
Est. payment /mo
925 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 925 sqft
Price per Sqft $323
MLS Listing ID 73334190
HOA Fees $267
HOA Y/N true
Year Built 1900
Annual Tax Amount $2,000
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
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.
Location
State MA
County Essex
Zoning R-5
Direction Exit the RT128 rotary onto Washington St. and follow toward the harbor. It is the Two Sisters Diner
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Asphalt/Composition Shingles,Rubber
Others
Senior Community false
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Listed by Boston Metropolitan Realty