$7,500

406 Washington Street 1, Gloucester, MA 01930

  • 3 baths
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

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.

Listing Status:
Active
Date Added:
October 1, 2025 at 05:00AM
Listing Office:
J. Barrett & Company : 978-526-8555
Listing Agent:
Julia Virden : 978-406-7345
MLS ID:
73437733
  • Roofing: Shingle
  • Originating MLS: MLS Property Information Network
  • County: Essex
  • Zoning: NB1899098
  • Utilities: Public WaterPublic SewerNatural Gas AvailableThree Phase
  • Source: MLS Property Information Network

This listing courtesy of Julia Virden, J. Barrett & Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Beeman Memorial

138 Cherry St, Gloucester, MA, 01930

Grades KG-5

0.37 miles away

R

Ralph B O'Maley Middle School

32 Cherry St, Gloucester, MA, 01930

Grades 6-8

0.32 miles away

G

Gloucester High School

32 Leslie O Johnson Rd, Gloucester, MA, 01930

Grades 9-12

1.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.