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Property Description

Developers, restaurants, and business people will want to see this. This standalone building is in the R5 multi-unit zone in the heart of Downtown Gloucester. Just a block from Main St restaurants and shops and the harbor. Consider adding residential condos on upper levels. Keep the ground level as a commercial unit or convert it to residential as well. Buyer to do their own due diligence. Currently operated as a diner. There is 2nd floor space that isn't currently utilized. Exclusive use back yard as well. Lots of options! Plenty of parking on the street plus option to lease parking spaces from St Johns lot next door. Current tenant runs the Two Sisters Diner as tenant at will. Monthly HOA fee $267

Overview

Property Status
Sold
Date Sold
August 14, 2025
Lot Size
7,557 Sq.Ft.
MLS ID
73397631
Property Type
Commercial
Year Built
1900

Features & Amenities

Total Area
950 Sq.Ft.
Utilities
Public Water, Public Sewer, Natural Gas Available
Roof
Asphalt/Composition Shingles
Sales Price
$292,000
Real Estate Tax
$3,000/yr
Zoning
R5

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27 Washington Street # 27

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27 Washington Street # 27

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  • CallIrma Fountain

    License #9584858

    (781) 491-6598
  • 27 Washington Street # 27
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