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9.54 Acres General Industrial Land
For Sale
$1,750,000
Pending

40 Sargent St, Gloucester, MA 01930

9.54 acres of General Industrial land with easy highway access.

Property SizeContact for details
Lot Size9.54 Acres
Days on Market306

Property Features for 40 Sargent St

General Information

Standard status Pending
Lot size 9.54 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $10,089
Listing Agency: North Shore's Gold Coast Realty
Listed By: Lane Team
Source: Elliman
Added: Dec 3, 2025 Changed: Sep 22 Last Checked: Oct 4 at 11:40AM

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 North Shore's Gold Coast Realty

Investment Insights

Based on property information with market context.

This 9.54-acre commercial land is zoned for General Industrial use and includes two existing warehouse buildings, one 5112 square feet and another approximately 3200 square feet, both requiring significant repairs or demolition. The site benefits from direct access to Route 128 via Schoolhouse Road. Its location is near the Blackburn Industrial Park, Gloucester Crossing Shopping Plaza, and a new YMCA/retail/apartment complex. The property, recently surveyed, consists of five contiguous parcels. A 21E environmental report from 2001 is available for review. Permitted uses include manufacturing, processing, research, storage or warehouse, self-storage facilities, office buildings, tradesman or contractor yards, stone mason yards, and fuel or ice establishments. The site is mostly level and cleared, with city water, city sewer, natural gas, and electric services available. Other uses may be permitted with zoning board or city council approval.

Key Highlights

  • Rare 9.54 acres of General Industrial zoned land with direct access to Rt. 128.
  • Excellent location near Blackburn Industrial Park, Gloucester Crossing Shopping Plaza, and new YMCA/retail/apartment complex.
  • Multiple allowed uses including manufacturing, storage, office, and contractor yard.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Cosmetic Store Tattoo & Piercing Shop Nursing Home Bakery Florist

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

1,099
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
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Frequently Asked Questions

What type of property is this?
Commercial land - 9.54 acres of General Industrial land with easy highway access.
Where is this commercial land located?
The property is located at 40 Sargent St Gloucester, MA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Rare 9.54 acres of General Industrial zoned land with direct access to Rt. 128.; Excellent location near Blackburn Industrial Park, Gloucester Crossing Shopping Plaza, and new YMCA/retail/apartment complex.; Multiple allowed uses including manufacturing, storage, office, and contractor yard.
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