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    100-102 Main St Gloucester, MA 01930

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    For Sale
    $2,089,000

    Mixed-use building with retail and residential units in Gloucester.

    Property Features for 100-102 Main St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1905

    Source: Churchill Properties Agent Bethany Pratt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building on Main Street

    This mixed-use building, located among shops and restaurants on Main Street, includes two retail stores and three residential apartments, all currently leased. The residential units feature architectural details such as exposed brick, over-sized windows, tall wooden-beamed ceilings, recessed lighting, and central air. The second floor contains a single-level luxury apartment with over 2000 square feet and a large granite kitchen. Additionally, there are two townhouse units, each approximately 1350 square feet, spanning the third and fourth floors. The property is located approximately 1/10 mile from Gloucester Harbor and a public beach, offering views of the harbor and ocean. This property offers an excellent potential return and a variety of potential uses.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -70.6642671
    Latitude
    42.6126818

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail and residential units in Gloucester.
    Where is this mixed-use property located?
    The property is located at 100-102 Main St Gloucester, MA.
    What is the asking price?
    The asking price for this property is $2,089,000.
    What are key features of this property?
    This property features: - Prime location on Main Street among shops and restaurants.; - Mixed-use building with two retail stores and three residential apartments, all currently leased.; - **Luxury 2000+ sf single-level apartment with granite kitchen.**
    (978) 515-7031
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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
    100-102 Main St Gloucester, MA 01930
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