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Restaurant Space With Water Views
For Sale
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151 Main St, Gloucester, MA 01930

Basement kitchen, two bathrooms, rear parking, and CB zoning support varied commercial use.

Property SizeContact for details
Days on Market174

Property Features for 151 Main St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Commercial
Zoning CB
Lease Type Gross

Additional Details

Equipment Included Yes

Taxes and HOA fees

Annual Taxes $5,908

Building Details

Year Built 1890
Listing Agency: Coldwell Banker Realty - Franklin
Listed By: Chris Bernier
Source: Churchillprop
Added: Mar 10 Changed: Aug 29 Last Checked: Aug 29 at 4:25PM

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 - Franklin

Investment Insights

Based on property information with market context.

This restaurant property was built in 1890 and includes a front-facing commercial space, two bathrooms, and water views toward the rear. A substantial kitchen occupies the basement, providing a dedicated area for food-service operations. The premises may be delivered with equipment or without it, allowing the next occupant to determine the most suitable configuration.

Located near the center of Gloucester’s Main Street, the property benefits from a prominent street-facing position and pedestrian activity in the surrounding area. Two dedicated parking spaces are located behind the building, while on-street parking is also available nearby. CB zoning and the stated potential for office, retail, or other commercial uses broaden the property’s permitted-use profile beyond restaurant operations.

Key Highlights

  • 1890‑built restaurant property near Gloucester’s Main Street
  • Basement kitchen with two bathrooms
  • Water views from the rear of the property

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.

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Basement kitchen, two bathrooms, rear parking, and CB zoning support varied commercial use.
Where is this conventional restaurant located?
The property is located at 151 Main St Gloucester, MA.
What are key features of this property?
This property features: 1890‑built restaurant property near Gloucester’s Main Street; Basement kitchen with two bathrooms; Water views from the rear of the property
More about this property
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