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Downtown Gloucester Retail/Office Space
For Lease
$3,730/Mo

186 Main St #7 & 8, Gloucester, MA 01930

2,758 SF retail/office space in downtown Gloucester.

Property Size2,758 SF
Days on Market101

Property Features for 186 Main St #7 & 8

General Information

Standard status Active
Size 2,758 SF

Building Details

Year Built 1900
Listing Agency: Sovereign Realty Advisors, LLC
Listed By: Fred Newton
Source: Liongatere
Added: Apr 22 Changed: Jul 10 Last Checked: Jul 30 at 12:24PM

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 Sovereign Realty Advisors, LLC

Investment Insights

Based on property information with market context.

Located in the lower level of Brown's Mall, this 2,758 square foot space is in close proximity to all downtown amenities and just under 1/2 mile to MBTA. The bright, open area features oak hardwood floors, two offices, a changing room, and a private restroom. It is suitable for many uses including classroom instruction, driving school, fitness classes, martial arts, general office, law office, accounting, medical, dental, physical therapy, and retail. Landlord planned improvements include facade work and windows at the front entrance and new flooring in the common area for 2025. Street parking and a municipal lot are available across the street.

Key Highlights

  • Large, open 2,758sf space suitable for diverse uses.
  • Prime downtown location in Brown's Mall, close to amenities and MBTA (under 1/2 mile).
  • Bright space featuring oak hardwood floors, two offices, changing room, and private restroom.

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type
$2.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

52
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

Market

Lease Benchmarks for Gloucester, MA

$29.53 /SF/Yr
Avg Asking Price
$14.07–$111 /SF/Yr
Price Range
2,454 SF
Avg Space Size

This space is priced 45% below the average of $29.53 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - 2,758 SF retail/office space in downtown Gloucester.
Where is this office units located?
The property is located at 186 Main St #7 & 8 Gloucester, MA.
What is the lease rate?
The lease rate is $3,730 /Mo.
What are key features of this property?
This property features: Large, open 2,758sf space suitable for diverse uses.; Prime downtown location in Brown's Mall, close to amenities and MBTA (under 1/2 mile).; Bright space featuring oak hardwood floors, two offices, changing room, and private restroom.
More about this property
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