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    Triple-Net Bank Building
    Updated: Apr 11
    Triple-Net Bank Building

    147 Main St, Gloucester, MA 01930

    Contact for pricing
    Single‑tenant Citizens Bank at 147 Main Street, Gloucester, MA, built in 1976
    Approx. 4,596 rentable SF on 0.33 acres
    True triple‑net (NNN) lease extended 10 years with expiration March 31, 2030
    Annual rent set to begin at $79,500 on April 1, 2020, scheduled to increase 2% each year
    2% rent increases continue through the three five‑year option periods
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    See what stands out in Essex County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Gloucester, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    8 Bow Street, Portsmouth, NH 03801

    $4,200,000
    4,101 sqft 0.03 AC lot

    Four furnished residences and a ground-floor commercial suite occupy a historic masonry property with separate residential access.

    View details
    Absolute NNN Bank Corner Property
    Absolute NNN Bank Corner Property

    34 Chapman Street, Quincy, MA 02170

    Contact for pricing
    2,372 sqft

    Absolute NNN lease expires in under a year, offering a clear path to re-tenant, redevelop, or occupy as an owner-user.

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    Chase Bank NNN Ground Lease
    Chase Bank NNN Ground Lease

    315 Hancock St, Quincy, MA 02171

    Contact for pricing
    2,894 sqft

    New-construction bank branch includes a dedicated drive-through lane on a corner parcel.

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    Bank and Office Building
    Bank and Office Building

    40 Congress Street, Portsmouth, NH 03801

    Contact for pricing

    For-sale bank and office building located at 40 Congress Street in Portsmouth, NH.

    View details

    Off-Market Properties in Gloucester, MA

    Consider similar Off-Market properties in Gloucester, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    150 Main St
    FINANCIAL BUILDING

    150 Main St, Gloucester, MA 01930

    $2,910,000
    Estimated value
    12,682 sqft 0.55 AC lot
    View details
    4 Parker St
    FINANCIAL BUILDING

    4 Parker St, Gloucester, MA 01930-3373

    $800,000
    Estimated value
    7,419 sqft 0.72 AC lot
    View details
    143 Main St
    FINANCIAL BUILDING

    143 Main St, Gloucester, MA 01930

    $560,000
    Estimated value
    4,668 sqft 0.21 AC lot
    View details
    109 Main St
    FINANCIAL BUILDING

    109 Main St, Gloucester, MA 01930-5701

    $1,350,000
    Estimated value
    22,468 sqft 0.22 AC lot
    View details
    2 Hbr Loop
    FINANCIAL BUILDING

    2 Hbr Loop, Gloucester, MA 01930-5004

    $610,000
    Estimated value
    7,505 sqft 0.39 AC lot
    View details
    160 Main St
    FINANCIAL BUILDING

    160 Main St, Gloucester, MA 01930-5732

    $645,000
    Estimated value
    7,056 sqft 0.29 AC lot
    View details
    170 Main St
    FINANCIAL BUILDING

    170 Main St, Gloucester, MA 01930

    $880,000
    Estimated value
    8,289 sqft 0.43 AC lot
    View details

    Gloucester, MA Banks Market Trends and Statistics

    Explore 8 banks for sale in Gloucester, MA on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 12
    Shopping centers 4
    Banks 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) -0.6%
    Median Household Income $87,898
    College Educated 27.3%

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $7.06 per SF
    Tax Rate vs County Average 0.74 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

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