406 Washington Street # 1, Gloucester MA 01930

Gloucester, MA 01930
$7,500
Est. $238/month
0.12
Acres
1900
Year Built
66
Days on Market
Active Listed Oct 1, 2025 • MLS# 73437733 Copied!

About this home

Exceptional investment opportunity in a prime waterfront location. This renovated and well-maintained commercial property offers 2,000 sq. ft. of versatile open space with a proven track record of successful restaurant operations—most recently occupied for more than 25 years. An additional new 1,300 sq. ft. stone patio provides unmatched 180-degree waterfront views, creating a beautiful setting for outdoor dining or events. Ideally located along Route 127, the property benefits from both strong foot traffic and steady vehicle flow, serving as the main connection between Downtown Gloucester and Riverview, Riverdale, Annisquam, Lanesville, Pigeon Cove, and Rockport. With its history of long-term tenancy, prime visibility, and unmatched coastal setting, this property presents a rare and highly attractive addition to any business or investment portfolio.

Property Overview

Listing Type
Commercial Lease
Year Built
1900

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1900
Lot Size 0.12 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Shingle
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, Three Phase

Financial

Annual Tax 0.00

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
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

406 Washington Street # 1, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Schools

School information not available

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
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.

Property History

Property Timeline

🏠
Listed for Sale
Oct 1, 2025
$7,500
Original listing
Agent: Julia Virden Office: J. Barrett & Company

Price & Status History

Date Event Price Change
Oct 1, 2025 New Listing Added $7,500

Market Statistics

Days on Market
66 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $0

Financial Details

Annual Property Tax
$0
Tax Year 2025

Listing Information

Listing Agent Julia Virden
Listing Office J. Barrett & Company
Agent MLS ID C9501090
Office MLS ID C95245
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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406 Washington Street # 1, Gloucester MA 01930 - Photo 1 406 Washington Street # 1, Gloucester MA 01930 - Photo 2 406 Washington Street # 1, Gloucester MA 01930 - Photo 3 406 Washington Street # 1, Gloucester MA 01930 - Photo 4 406 Washington Street # 1, Gloucester MA 01930 - Photo 5 406 Washington Street # 1, Gloucester MA 01930 - Photo 6 406 Washington Street # 1, Gloucester MA 01930 - Photo 7 406 Washington Street # 1, Gloucester MA 01930 - Photo 8 406 Washington Street # 1, Gloucester MA 01930 - Photo 9

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