197 E. Main # 1, Gloucester MA 01930

Gloucester, MA 01930 • East Gloucester

$399,000

Est. $2,342/month

0.06

Acres

1900

Year Built

Days on Market

Active Price Drop -$26,000 Open House Listed Nov 18, 2025 • MLS# 73455977 Copied!

About this home

Iconic and storied East Gloucester location with amazing potential and great street visibility. First floor condo unit is formerly Duckworth's Bistrot. This space could be a restaurant, office or business or could be converted to residential with a special permit. 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. Rocky Neck, Niles Beach and Good Harbor Beach minutes away.

Property Overview

Listing Type

Commercial Sale

Year Built

1900

Open House Schedule

Dec

Sunday, December 7

12:00 PM - 2:00 PM EST

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1900

Lot Size 0.06 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof Asphalt/composition Shingles, Rubber

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other Public Water, Public Sewer, Natural Gas Available, 220 Volts, See Remarks

Financial

Annual Tax $1,499

HOA Yes

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials:

Roof: Asphalt/Composition Shingles, Rubber

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source:

Sewer:

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

East Gloucester

197 E. Main # 1, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Schools

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Down Payment

Down: $0

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Monthly Payment Breakdown

Principal & Interest $0

Property Tax $125

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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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.

Property History

Market Insights

Price Changes

6.1%

Price Range

Property Timeline

↓

Price Reduced

Dec 4, 2025

$399,000 $26,000 (-6.12%)

From $425,000 to $399,000 (-6.1%)

🏠

Listed for Sale

Nov 18, 2025

$425,000

Original listing

Agent: Andree Gillian Group Office: Engel & Volkers By the Sea

Date	Event	Price	Change	$/sqft	Details
12/04/2025	↓ Price Reduced	$399,000	$26,000	-	From $425,000 to $399,000 (-6.1%)
11/18/2025	🏠 Listed for Sale	$425,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Dec 4, 2025	Price Changed	$399,000	-$26,000
Dec 4, 2025	Sold	$399,000	—
Nov 18, 2025	New Listing Added	$425,000	—

Market Statistics

Days on Market

18 days

Price per Sq Ft

$—

Total Price Drop

-$26,000

Tax History

Year	Taxes	Assessment
2025	$1,499	—

Financial Details

Annual Property Tax

$1,499

Tax Year 2025

Listing Information

Listing Agent Andree Gillian Group

Listing Office Engel & Volkers By the Sea

Agent MLS ID TM356221

Office MLS ID AN5002

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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197 E. Main # 1, Gloucester MA 01930

About this home

Property Overview

Open House Schedule

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

Market Insights

Property Timeline

Price Reduced

Listed for Sale

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Price & Status History

Market Statistics

Tax History

Financial Details

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