Grocery-Anchored Shopping
For Sale
Contact for pricing
127 Eastern Ave, Gloucester, MA 01930
Multi-level retail center offers at-grade access from both primary and lower-level areas.
Property Size102,911 SF
Days on Market130
Property Features for 127 Eastern Ave
General Information
Standard status
Active
Size
102,911 SF
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Shaw's
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Atlantic Retail Boston
Listed By:
Matt Ericson · License #9571461
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 4:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Retail Boston
Investment Insights
Based on property information with market context.
Cape Ann Marketplace is a grocery-anchored shopping center at 127 Eastern Ave in Gloucester, Massachusetts. The property combines at-grade retail with lower-level space that also benefits from at-grade entry due to the site’s elevation change. Its tenant roster includes national, regional, and local retailers, providing a diversified retail mix within the center.
Access is provided from Route 127, a primary roadway serving the surrounding community and nearby Rockport. The center serves the coastal communities of Gloucester, Rockport, and Beverly. Shaw’s has anchored the property since the 1990s and master leases a portion of the shopping center. The grocer also operates its sole location in the market at this site.
Access is provided from Route 127, a primary roadway serving the surrounding community and nearby Rockport. The center serves the coastal communities of Gloucester, Rockport, and Beverly. Shaw’s has anchored the property since the 1990s and master leases a portion of the shopping center. The grocer also operates its sole location in the market at this site.
Key Highlights
- Grocery‑anchored shopping center in Gloucester, Massachusetts
- 102,911 square feet total, including 79,671 SF of at‑grade retail
- Lower‑level space totals 23,237 square feet and also has at‑grade access
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01930, MA
29,729
Population
14,630
Households
2
Avg Household Size
50
Median Age
39%
College-Educated
94%
High-School Grad
26.2 sq mi
ZIP Area
1,135
Density / Sq Mi
$87,898
Median Household Income
$49,580
Median Earnings
$1,395
Median Rent
$587,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-level retail center offers at-grade access from both primary and lower-level areas.
Where is this shopping center located?
The property is located at 127 Eastern Ave Gloucester, MA.
What are key features of this property?
This property features: Grocery‑anchored shopping center in Gloucester, Massachusetts; 102,911 square feet total, including 79,671 SF of at‑grade retail; Lower‑level space totals 23,237 square feet and also has at‑grade access
