108 Main StreetGloucester, MA 01930MLS Number 72991842

  • Price: $1,750,000
  • 298 Days on Market
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Federal 30-year interest rate: 6.42% last updated on Mar 23, 2023
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Under Agreement
108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930108 Main Street Gloucester MA 01930
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  • 0.06Acreage
  • 7Bathrooms
  • 1860Year Built
  • 7,200Square Feet
Investors & Owner Occupiers... 7,200sqft Mixed Use Residential / Commercial property located at the busy West End of Main Street, Gloucester. Seven total units- Four commercial & three residential. All 4 commercial units are rented. Two residential units rented through AirBnb, large residential unit owner-occupied. Architectural character inside and out. Features include 16' high ceiling, 9' windows, exposed brick, full basement & sprinkler system. Corner lot location, within 1/2 mile of MBTA and 1 mile to Rte 128. Opportunity to enhance investment return by updating below-market rents. Long standing anchor tenant (26 years). Contact listing broker for financials and showing instructions.
Listed by Fred Newton of Sovereign Realty Advisors,LLC

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Mls StatusUnder Agreement
  • Parcel Number 1893717

Location

  • Address108 Main Street
  • Building Number108
  • CountyEssex
  • StateMA
  • StreetMain Street
  • TownGloucester
  • Zip01930

Tax Information

  • Tax Year 2021
  • Taxes$10,715

Basic Information

  • List Price$1,750,000
  • MLS Number72991842
  • Modification Date01/10/2023
  • Purchase Contract Date09/28/2022

Property Information

  • Living Area 7,200
  • Lot Size Square Feet 2,613
  • Lot Size Units Acres
  • Square Feet7,200

Parking

  • Parking Spaces

Rooms

  • Bathroom7

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available
  • Year Built1860

Property

  • Acreage0.06

Amenities

  • Other AmenitiesBasement

Other

  • Buyer Agency Compensation2%
  • Date Listed06/03/2022
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1%
  • View Count4
Listed by Fred Newton of Sovereign Realty Advisors,LLC

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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