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    C1 Main St Gloucester, MA 01930

    Sponsored
    For Sale
    $499,900

    Prime Retail Space, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,547 square foot commercial property, located at Main Street C1 in Gloucester, MA, presents a unique opportunity for a variety of businesses. Situated on a 0.05-acre lot, this street-level space boasts impressive features including soaring ceilings, exposed brick walls, a stunning archway, and a full bay window offering excellent street visibility. Currently configured as a salon with two massage rooms, the space is highly adaptable and can be easily customized to suit diverse needs. Potential uses include, but are not limited to, service industries, professional offices, restaurants, retail establishments, or even residential conversion (subject to local zoning regulations). The property's prime location and attractive curb appeal ensure high foot traffic and excellent brand exposure. This space has enjoyed a successful business history since 2006, demonstrating its viability and potential. The sale includes the real estate only

    Property Features for C1 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,178 SF

    Building Details

    Year Built
    2006
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gloucester
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.66603
    Latitude
    42.61148

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Retail Space, High Visibility
    Where is this commercial real estate located?
    The property is located at C1 Main St Gloucester, MA.
    What is the asking price?
    The asking price for this property is $499,900.
    (978) 281-4995
    Request Owner's contact information
    C1 Main St Gloucester, MA 01930
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    Gloucester, MA 01930
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    C1 Main St Gloucester, MA 01930
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