Conventional Restaurant

Gloucester, MA Conventional Restaurants for Sale

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First-Floor Commercial Condo Space
Updated: Jun 27
First-Floor Commercial Condo Space

197 E. Main 1, Gloucester, MA 01930

$325,000
0.06 AC lot
Former Duckworth's Bistrot first‑floor commercial condo unit in East Gloucester
Large great room with floor‑to‑ceiling windows plus half bath, kitchen, and washroom
Multiple possible uses: restaurant, office, gallery, or business of any kind
Outdoor space includes a walk‑in refrigerator that could be converted to patio space
Roof materials include asphalt and rubber
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Iconic Waterfront Restaurant with Residence
Updated: Apr 25
Iconic Waterfront Restaurant with Residence

73 Rocky Neck Ave. #1&2, Gloucester, MA 01930

$3,100,000
Iconic waterfront restaurant with established business (60+ years) and 2‑BR residence.
Prime waterfront location in the heart of Rocky Neck art colony.
Five deep‑water boat slips for customer access.
Rebuilt in 2010 with modern amenities.
Fully furnished and stocked restaurant included.
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Turnkey Restaurant and Bar Opportunity
Turnkey Restaurant and Bar Opportunity

50 Rogers, Gloucester, MA 01930

$89,000

135-seat bar and restaurant in prime Gloucester location.

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Iconic Waterfront Restaurant and Residence
Iconic Waterfront Restaurant and Residence

73 Rocky Neck Ave. 1&2, Gloucester, MA 01930

$3,100,000

Established restaurant with residence in historic Rocky Neck art colony.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Gloucester, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Mixed-Use Restaurant and Residence
Mixed-Use Restaurant and Residence

57 East Street, Ipswich, MA 01938

$974,500
2,419 sqft

Two-level property with an operational kitchen and private-entry apartment above, plus an added storage outbuilding.

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Neighborhood Bakery with Apartment
Neighborhood Bakery with Apartment

57 East Street, Ipswich, MA 01938

$974,500
2,419 sqft

Two-level food service and retail setup includes a professional kitchen and a private-entry two-bedroom apartment.

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Oceanfront Restaurant on Bearskin Neck
Oceanfront Restaurant on Bearskin Neck

7 Tuna Wharf #7, Rockport, MA 01966

$1,500,000

Restaurant with ocean views and rooftop deck on Tuna Wharf.

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Oceanfront Restaurant on Tuna Wharf
Oceanfront Restaurant on Tuna Wharf

7-7 Tuna Wharf, Rockport, MA 01966

$1,500,000

Turn-key oceanfront restaurant with full-service kitchen, first-floor bar, and rooftop deck seating.

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Gloucester, MA Conventional Restaurants Market Trends and Statistics

Explore 4 conventional restaurants for sale in Gloucester, MA, showcased through 4 active listings on our real estate platform.

Sale prices for conventional restaurants in Gloucester, MA start at $89,000, averaging $1,653,500, and reaching up to $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 12
Bars & Pubs 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Gloucester submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01930 $1.6M

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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