Conventional Restaurant

Gloucester, MA Conventional Restaurants for Sale

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First-Floor Restaurant Condo
Updated: Aug 19
First-Floor Restaurant Condo

197 E. Main 1, Gloucester, MA 01930

$250,000
First‑floor commercial condominium at 197 E. Main 1
Large great room with floor‑to‑ceiling windows
Kitchen, washroom, and half bath included
Former Duckworth's Bistrot location
Outdoor area currently contains a walk‑in refrigerator
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Renovated Restaurant with Bar
Updated: Sep 22
Renovated Restaurant with Bar

50 Rogers St, Gloucester, MA 01930

$88,000
75‑seat restaurant with dining area and bar
Renovations include the dining area, bar, kitchen, and signage
Public parking lot directly across the street
Built in 1940
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Level Corner Commercial Land
Level Corner Commercial Land

26 Main St, Rowley, MA 01969

$2,149,000
1.49 AC lot

Level corner parcel with CEN zoning and an existing septic system reported at 41-bedroom capacity.

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Corner Commercial Land
Corner Commercial Land

26A Main St, Rowley, MA 01969

$2,149,000

A level corner parcel with reported septic capacity and potential for restaurant, retail, or other commercial use, subject to review.

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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 2 conventional restaurants for sale in Gloucester, MA on our real estate platform.

Sale prices for conventional restaurants in Gloucester, MA start at $88,000, averaging $169,000, and reaching up to $250,000 — 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 11
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 average listing prices of real estate assets

Neighborhood Average Price
01930 $1.3M

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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