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Restaurant Space Near Main Street
For Lease
$2,300/Mo

151 Main St, Gloucester, MA 01930

Restaurant space with equipment or adaptable for other commercial uses.

Space SizeContact for details
Days on Market158

Property Features for 151 Main St

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,908

Building Details

Year Built 1890
Listing Agency: Coldwell Banker Realty - Manchester
Listed By: Jeremy McElwain · License #9039667
Source: Corcoran
Added: Mar 10 Changed: Aug 9 Last Checked: Jul 10 at 4:00AM

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 Coldwell Banker Realty - Manchester

Investment Insights

Based on property information with market context.

This restaurant space is situated near the heart of Gloucester’s Main Street, offering visibility and foot traffic. The property includes two dedicated parking spots in the rear. The front of the unit provides street presence, while the back features water views and two bathrooms. A large kitchen is located in the basement. The space can also be delivered without equipment, making it suitable for office use, retail, or other commercial ventures.

Key Highlights

  • Prime location on Gloucester's Main Street with high visibility and foot traffic.
  • Includes existing restaurant equipment (optional).
  • Two dedicated parking spots in the rear, plus on‑street parking.

Property Analytics

Current Use

Fogo Mineiro Restaurant Fogo de Minas ... Restaurant

Suggested Use

Top Pick Skin Care Clinic Spa & Massage Center Auto Parts Store Building Supply Dental Office Pharmacy

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,334
Businesses Nearby
Under-served
Demand for This Use

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space with equipment or adaptable for other commercial uses.
Where is this conventional restaurant located?
The property is located at 151 Main St Gloucester, MA.
What is the lease rate?
The lease rate is $2,300/Mo.
What are key features of this property?
This property features: Prime location on Gloucester's Main Street with high visibility and foot traffic.; Includes existing restaurant equipment (optional).; Two dedicated parking spots in the rear, plus on‑street parking.
More about this property
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