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406 Washington Street # 1, Gloucester MA 01930

Gloucester, MA 01930
$7,500/mo
0.12
Acres
1900
Year Built
101
Days on Market
Active Listed Apr 2, 2026 • MLS# 73495390 Copied! • Updated Apr 6, 2026

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.

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Property History

Property Timeline

🏠
Listed for Sale
Apr 2, 2026
$7,500
Original listing
Agent: Julia Virden Office: J. Barrett & Company

Tax History

Year Taxes Assessment
2025 $0

Financial Details

Annual Property Tax
$0
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1900
Lot Size 0.12 acres

Rental Details

Rent Includes None
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available, Three Phase

Building & Pet Policy

Fee Includes None
Amenities None
Optional Fee Includes None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
Commercial Lease
Year Built
1900

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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:

Parking & Garage

Parking Features:
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
E

Elementary Schools

6 schools
Faith Christian School
0.1 mi
Grades PK-08
C-
Beeman Memorial School
0.4 mi | #701 of 824 | Score: 35.6
Dropped 172 spots from last year
-22.6 below state avg
292 students Diverse
Grades K-05
Gloucester PreSchool
1.2 mi
101 students Moderate
Grades PK
C
East Veterans Elementary School
1.6 mi | #651 of 824 | Score: 38.2
Dropped 58 spots from last year
-20 below state avg
451 students Diverse
Grades K-05
C-
West Parish School
2.0 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
3.0 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
M

Middle Schools

1 school
C+
Ralph B O'Maley Middle School
0.3 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
H

High Schools

1 school
C+
Gloucester High School
1.4 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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Location

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Neighborhood

406 Washington Street # 1, Gloucester MA 01930

Gloucester, MA 01930

Listing Information

Listing Agent Julia Virden
Listing Office J. Barrett & Company
Office Phone 978-526-8555
Agent MLS ID C9501090
Office MLS ID C95245
Listing Data Updated Apr 6, 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.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
Ask about this property — free, no obligation.

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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 9 406 Washington Street # 1, Gloucester MA 01930 - Photo 10
Steven Novak

Steven Novak

BMN Boston Real Estate

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