197 E. Main # 1, Gloucester MA 01930

Gloucester, MA 01930 • East Gloucester
$399,000
Est. $3,080/month
0.5
Baths
800
Sq Ft
$499
Price/Sq Ft
0.06
Acres
1900
Year Built
10
Days on Market
Active Price Drop -$26,000 Open House Listed Nov 25, 2025 • MLS# 73457677 Copied!

About this home

Iconic and storied East Gloucester location with amazing potential! 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 and Rocky Neck minutes away.*Please note - pictures in restaurant with tables/chairs/bar/kitchen equipment are a depiction of the old setup, no chairs/table/bar and most of kitchen equipment are present any longer.

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

Open House Schedule

07
Dec
Sunday, December 7
12:00 PM - 2:00 PM EST
06
Dec
Saturday, December 6
12:00 PM - 2:00 PM EST

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

Parking

Features None

Utilities

Electric 220 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $4,353
Assessed Value $447,862

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

Location

Loading map...

Neighborhood

East Gloucester

197 E. Main # 1, Gloucester MA 01930

Gloucester, MA 01930

Walkability

Loading Walk Score...

Schools

School information not available

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 $500/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.

Property History

Market Insights

1
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 25, 2025
$425,000
Original listing
Agent: Andree Gillian Group Office: Engel & Volkers By the Sea

Price & Status History

Date Event Price Change
Dec 4, 2025 Sold $399,000
Dec 4, 2025 Price Changed $399,000 -$26,000
Nov 25, 2025 New Listing Added $425,000

Market Statistics

Days on Market
10 days
Price per Sq Ft
$499
Total Price Drop
-$26,000

Tax History

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

Financial Details

Annual Property Tax
$4,353
Tax Year 2025
HOA Fee
$500
Monthly
Assessed Value
$447,862

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.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Gloucester, MA

Real-time market trends and pricing data for this area

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 10 197 E. Main # 1, Gloucester MA 01930 - Photo 11 197 E. Main # 1, Gloucester MA 01930 - Photo 12 197 E. Main # 1, Gloucester MA 01930 - Photo 13 197 E. Main # 1, Gloucester MA 01930 - Photo 14 197 E. Main # 1, Gloucester MA 01930 - Photo 15

Contact Agent

Schedule a Tour