197 E. Main # 1, Gloucester MA 01930

Gloucester, MA 01930 • East Gloucester
$425,000
$325,000
Est. $2,554/month
0.5
Baths
800
Sq Ft
$406
Price/Sq Ft
0.06
Acres
1900
Year Built
250
Days on Market
Active Price Drop -$100,000 Listed Nov 25, 2025 • MLS# 73457677 Copied! • Updated Jul 24, 2026

About this home

Iconic and storied East Gloucester location with amazing potential! First floor commercial condo unit is formerly Duckworth's Bistrot. This space could be a restaurant, office or business. Consists of a large great room with beautiful floor to ceiling windows, half bath, kitchen and washroom. Outdoor space currently holds a walk-in refrigerator but could be a patio space. You are in the heart of East Gloucester with Smith Cove on your doorstep, North Shore Art Association around the corner and Rocky Neck minutes away.

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
23.5%
Price Range

Property Timeline

Price Reduced
Jan 9, 2026
$325,000 $74,000 (-18.55%)
From $399,000 to $325,000 (-18.6%)
Price Reduced
Dec 4, 2025
$399,000 $26,000 (-6.12%)
From $425,000 to $399,000 (-6.1%)
🏠
Listed for Sale
Nov 25, 2025
$425,000
Original listing
Agent: Andree Gillian Group Office: Engel & Volkers By the Sea

Tax History

Year Taxes Assessment
2025 $4,353 $447,862

Financial Details

Annual Property Tax
$4,353
Tax Year 2025
HOA Fee
$348
Monthly
Assessed Value
$447,862

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 800 sq ft
Lot Size 0.06 acres
Half Baths 1
Total Rooms 3

Interior

Heating Central, Baseboard, Oil, Ductless
Cooling Ductless
Flooring Wood, Tile, Vinyl, Carpet, Flooring - Wall To Wall Carpet, Flooring - Stone/ceramic Tile
Appliances Refrigerator
Fireplace None
Basement Y
Laundry None
Features Wet Bar, Den, Foyer, Kitchen, Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Shingle, Rubber
Features Patio, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Patio
Features None
Electric 220 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $4,353
Assessed Value $447,862

HOA & Community

HOA Fee $348 Monthly
Fee Includes Insurance
Amenities None
Optional Fee Includes None
Owner-Occupied Units 2
Down Payment Resource Eligible
Pets Yes
Seller Disclosures Condo Fee Is An Estimate That Includes Master Insurance, Oil/water/sewer.
Possession None
Accepted Financing Contract
Structure Type ["Townhouse","Low-Rise"]
Unit/Building 1
Sq Ft Source Measured
Documents Floor Plans (1)
County Essex
Total market time (incl. prior listings) 241 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Half Bathrooms
1
Living Area
800 sq ft
Total Rooms
3
Stories
3
Entry Level
1

Floor Layout

Interior Features

Flooring: Wood, Tile, Vinyl, Carpet, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
Appliances: Refrigerator
Interior Features: Wet bar, Den, Foyer, Kitchen, Internet Available - Broadband
Windows: Window(s) - Picture
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2025
Structure Type: Townhouse, Low-Rise
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Baseboard, Oil, Ductless
Heating Zones: 1
Cooling: Ductless
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Rain Gutters
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: None

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $363
Homeowners Insurance $200
HOA Fee $348/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

East Gloucester

197 E. Main # 1, Gloucester MA 01930

Gloucester, MA 01930

Listing Information

Listing Agent Andree Gillian Group
Listing Office Engel & Volkers By the Sea
Office Phone 978-865-1168
Agent MLS ID TM356221
Office MLS ID AN5002
Listing Data Updated Jul 24, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
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197 E. Main # 1, Gloucester MA 01930 - Photo 1 197 E. Main # 1, Gloucester MA 01930 - Photo 2 197 E. Main # 1, Gloucester MA 01930 - Photo 3 197 E. Main # 1, Gloucester MA 01930 - Photo 4 197 E. Main # 1, Gloucester MA 01930 - Photo 5 197 E. Main # 1, Gloucester MA 01930 - Photo 6 197 E. Main # 1, Gloucester MA 01930 - Photo 7 197 E. Main # 1, Gloucester MA 01930 - Photo 8 197 E. Main # 1, Gloucester MA 01930 - Photo 9 197 E. Main # 1, Gloucester MA 01930 - Photo 10
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