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    Gloucester, MA Conventional Restaurants for Sale

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    Rockport, MA Essex, MA Manchester, MA
    8 results
    First-Floor Retail and Office Condo
    $325,000
    0.06 Acres
    First-Floor Retail and Office Condo

    197 E. Main 1, Gloucester, MA 01930

    Flexible first-floor space with floor-to-ceiling windows and indoor/outdoor areas for retail, office, or restaurant use.
    • Former Duckworth’s Bistrot first‑floor condo unit in East Gloucester
    • Large great room with floor‑to‑ceiling windows, plus a half bath, kitchen, and washroom
    • Outdoor space currently includes a walk‑in refrigerator, with potential to convert to patio space
    • Roof materials include asphalt and rubber
    • Great‑room layout could support uses such as restaurant, office, gallery, or other business
    Updated: Jun 4
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    East Gloucester Commercial Condo Opportunity
    $325,000
    East Gloucester Commercial Condo Opportunity

    197 E. Main #1, Gloucester, MA 1930

    Commercial condo in East Gloucester with high visibility and potential.
    • Iconic East Gloucester location with high street visibility.
    • Versatile space suitable for restaurant, office, gallery, business, or residential conversion (with permit).
    • Large great room with beautiful floor‑to‑ceiling windows.
    • Outdoor space with patio potential.
    • Heart of East Gloucester, steps from Smith Cove.
    Updated: Apr 25
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    Iconic Waterfront Restaurant with Residence
    $3,100,000
    Iconic Waterfront Restaurant with Residence

    Established restaurant and waterfront residence in historic Rocky Neck.

    73 Rocky Neck Ave. #1&2, Gloucester, MA 1930

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    Iconic Waterfront Restaurant in Gloucester
    $1,500,000
    Iconic Waterfront Restaurant in Gloucester

    Established restaurant with deep-water boat slips in Rocky Neck.

    73 Rocky Neck Ave. #1, Gloucester, MA 1930

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    Iconic Waterfront Restaurant and Residence
    $3,100,000
    Iconic Waterfront Restaurant and Residence

    Established restaurant with residence in historic Rocky Neck art colony.

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

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    Iconic Waterfront Restaurant and Residence
    $3,100,000
    4,845 SF
    Iconic Waterfront Restaurant and Residence

    Established restaurant and waterfront residence in historic Rocky Neck.

    73 Rocky Neck Avenue, Unit 1&2, Gloucester, MA 1930

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    Turnkey Restaurant and Bar Opportunity
    $89,000
    Turnkey Restaurant and Bar Opportunity

    135-seat bar and restaurant in prime Gloucester location.

    50 Rogers, Gloucester, MA 1930

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    Iconic Waterfront Restaurant in Gloucester
    $1,500,000
    3,085 SF
    Iconic Waterfront Restaurant in Gloucester

    Established restaurant in Rocky Neck with deep-water boat slips.

    73 Rocky Neck Avenue, Unit 1, Gloucester, MA 1930

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 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.

    Neighborhood Bakery with Apartment
    $974,500
    2,419 SF
    Neighborhood Bakery with Apartment

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

    57 East Street, Ipswich, MA 1938

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    Ipswich Mixed-Use Historic Property
    $975,000
    342 SF
    Ipswich Mixed-Use Historic Property

    Mixed-use property with bakery, apartment, and storage building.

    57 East Street, Ipswich, MA 1938

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    Oceanfront Restaurant on Bearskin Neck
    $1,500,000
    Oceanfront Restaurant on Bearskin Neck

    Turn-key restaurant with rooftop deck and ocean views.

    7 Tuna Wharf #7, Rockport, MA 1966

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    Oceanfront Restaurant on Bearskin Neck
    $1,500,000
    Oceanfront Restaurant on Bearskin Neck

    Turn-key restaurant with rooftop deck and ocean views.

    7 Tuna Wharf, Unit 7, Rockport, MA 1966

    View details

    Gloucester, MA Conventional Restaurants Investment Opportunities Market Analysis

    Explore 8 conventional restaurants for sale in Gloucester, MA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 7,930 square feet of properties for sale, with an estimated market value of $4,600,000.

    Sale prices for conventional restaurants in Gloucester, MA start at $1,500,000, averaging $2,300,000, 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

    Conventional restaurants 13
    Coffee shops 3
    Bars & Pubs 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    01930 $1.8M

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

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