197 E. Main # 1, Gloucester MA 01930
Gloucester, MA 01930 • East Gloucester
$425,000
$299,000
Est. $2,185/month
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About this home
Iconic and storied East Gloucester location with amazing potential and great street visibility. First floor commercial condo unit is formerly Duckworth's Bistrot. This space could be a restaurant, office, gallery or business of any kind. 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.
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Recently Sold Nearby
Property History
Market Insights
3
Price Changes
29.6%
Price Range
Property Timeline
Price Reduced
Aug 20, 2026
$299,000
$26,000
(-8%)
From $325,000 to $299,000 (-8.0%)
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 18, 2025
$425,000
Original listing
Agent: Andree Gillian Group
Office: Engel & Volkers By the Sea
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/20/2026 | ↓ Price Reduced | $299,000 | $26,000 | - | From $325,000 to $299,000 (-8.0%) |
| 01/09/2026 | ↓ Price Reduced | $325,000 | $74,000 | - | From $399,000 to $325,000 (-18.6%) |
| 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 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $1,499 | — |
Financial Details
Annual Property Tax
$1,499
Tax Year 2025
HOA Fee
$348
Per month
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 & Community
HOA
Yes
HOA Fee
$348
Fee Includes
Heat, Water, Sewer, Insurance
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Condo Fee - Estimate That Includes Master Insurance, Oil/water/sewer. Tax Estimated Based On % By Square Foot.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
1900
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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:
Nearby Schools
School District
Gloucester School District local
C-
Where Graduates Go
Class of 2021
42%
attend college
31%
4-Year
11%
2-Year
17%
Out of State
14%
Working
School Safety
2024-25
1.9%
Average
1.9%
Suspensions
0.5%
In-School
3.6% below state avg
Elementary Schools
6 schools
Faith Christian School
2.1 mi
Grades PK-08
C
East Veterans Elementary School
0.8 mi
|
#651 of 824
|
Score: 38.2
Dropped 58 spots from last year
-20 below state avg
451 students
Diverse
Grades K-05
Gloucester PreSchool
1.3 mi
101 students
Moderate
Grades PK
C-
Beeman Memorial School
2.2 mi
|
#701 of 824
|
Score: 35.6
Dropped 172 spots from last year
-22.6 below state avg
292 students
Diverse
Grades K-05
C-
West Parish School
3.2 mi
|
#683 of 824
|
Score: 36.5
Dropped 245 spots from last year
-21.7 below state avg
382 students
Less Diverse
Grades K-05
B+
Plum Cove School
4.5 mi
|
#322 of 824
|
Score: 50.1
Improved 68 spots from last year
-8.1 below state avg
217 students
Less Diverse
Rising School
Grades K-05
Middle Schools
1 school
C+
Ralph B O'Maley Middle School
1.8 mi
|
#238 of 352
|
Score: 37.3
Improved 24 spots from last year
-20.9 below state avg
619 students
Moderate
Rising School
Grades 06-08
High Schools
1 school
C+
Gloucester High School
1.3 mi
|
#212 of 346
|
Score: 50.4
Improved 27 spots from last year
-7.8 below state avg
776 students
Moderate
17 sports
• 1,070 athletes
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
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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
$125
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
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
Aug 20, 2026 2:12 PM 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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