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    85 Eastern Ave Gloucester, MA 01930

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    For Lease
    Contact for pricing

    Unique office building near Route 128 and Gloucester waterfront.

    Property size:
    2,500 SF
    Lot size:
    1.10 Acres

    Property Features for 85 Eastern Ave

    General Information

    Size
    2,500 SF
    Lot size
    1.10 Acres

    Source: Nordlund Associates Agent Chris Everest

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

    Overview

    Renovated Office Building Near Waterfront

    The property at 85 Eastern Avenue is a unique, four-story, brick professional office building. This renovated former schoolhouse is located approximately 0.25 miles from Route 128 and less than a mile from Good Harbor Beach and the Gloucester waterfront. The building features historic architectural elements blended with upscale, flexible office spaces. Situated on a heavily trafficked retail corridor, it is located minutes from downtown Gloucester, offering convenient access to highways and various amenities. The property is suitable for businesses such as financial services, law firms, tech companies, and administrative offices. It provides a blend of flexible office space and attractive lifestyle amenities, all within walking distance.
    Insight Report Location Intelligence

    Current Use by Public Records

    Philpott Doyle & Co ... Accountant Kindred Gardens Early ... Day Care Center Massage Therapy Massage Therapist Robert A. Murray, Attorney ... Family Law Attorney Kiely & Ferrante, LLC Mediation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gloucester
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.6449861
    Latitude
    42.6209638

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    FAQs

    What type of property is this?
    Office building - Unique office building near Route 128 and Gloucester waterfront.
    Where is this office building located?
    The property is located at 85 Eastern Ave Gloucester, MA.
    What are key features of this property?
    This property features: - Unique, renovated brick four-story former schoolhouse with historic features; - Upscale, flexible office space suitable for various professional businesses; - Ideally located on a heavily trafficked retail corridor, minutes from downtown Gloucester
    (978) 762-0500
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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
    85 Eastern Ave Gloucester, MA 01930
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