Downtown Gloucester Retail/Office
186 Main St #7 & 8, Gloucester, MA 01930
For Lease
$3,730/Mo
Versatile 2,758 SF space suitable for retail or office.
Space SizeContact for details
Days on Market537
Property Features for 186 Main St #7 & 8
General Information
Standard status
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
Sovereign Realty Advisors, LLC
(978) 283-0008
Listed By:
Fred Newton
(508) 725-7017
Source:
Corcoran
Added: May 22, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:01PM
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
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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 is available, and there is a municipal lot across the street.
Key Highlights
- Large, open 2,758sf space suitable for diverse uses.
- Prime downtown location in Brown's Mall, close to amenities.
- Convenient access to public transportation (under 1/2 mile to MBTA).
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.43 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
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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
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Market
Lease Benchmarks for Gloucester, MA
$19.84 /SF/Yr
Avg Asking Price
$16.23–$36.14 /SF/Yr
Price Range
2,625 SF
Avg Space Size
This space is priced 18% below the average of $19.84 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Essex County, MA
Properties on Market for Office Units in Essex County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Versatile 2,758 SF space suitable for retail or office.
Where is this office unit 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.; Convenient access to public transportation (under 1/2 mile to MBTA).
