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Live-Work Property with Office

139A Prospect St., Gloucester, MA 01930

For Sale
New
$369,000

Neighborhood business zoning adds commercial flexibility to a property with a separate office.

Property Size1,940 SF
Days on Market3

Property Features for 139A Prospect St.

General Information

Standard status Active
Size 1,940 SF
Zoning neighborhood business
Lease Term Listing ID: 73600582, Standard Status: Active, MLS Status: New, Property Subtype: Commercial Sale

Building Details

Building Size 1,940 SF
Year Built 1940
Listing Agency: RE/MAX Beacon
Listed By: Heather Dagle
Source: Iverty
Added: Nov 10 Changed: Nov 12 Last Checked: Nov 12 at 2:34PM

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 RE/MAX Beacon

Rey
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Investment Insights

Based on property information with market context.

Built in 1940, this updated live-work property includes one bedroom, one-and-a-half baths, and a distinct office. The office provides dedicated space for work within the home’s layout.

The property is in Gloucester’s historic working waterfront area, with beaches, boating, seafood restaurants, music venues, shops, and maritime history in the surrounding community. A Gloucester Beach Sticker is included. Neighborhood business zoning offers potential for a range of uses.

Key Highlights

  • One bedroom and one‑and‑a‑half baths
  • Separate office
  • Built in 1940

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Live-work space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Daycare Center Florist Nursing Home Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,440
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Live-work space - Neighborhood business zoning adds commercial flexibility to a property with a separate office.
Where is this live-work space located?
The property is located at 139A Prospect St. Gloucester, MA.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: One bedroom and one‑and‑a‑half baths; Separate office; Built in 1940
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Includes: Price & PSF · Cap rate · Location · Zoning

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