Waterfront Restaurant
406 Washington St 1, Gloucester, MA 01930
Renovated waterfront commercial property with outdoor patio and proven success.
Type:Commercial
Property size:
2,000 SF- Added:
- Apr 3, 2026
- Days on Market:
- 62
- Last Refresh:
- Apr 3 at 4:41 pm
Property Features for 406 Washington St 1
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing agent Julia Virden (978) 406-7345
Listing office J. Barrett & Company (978) 406-7345
Listing date Apr 3, 2026
Source Elliman
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 J. Barrett & Company
HighLights
- Prime waterfront location with unmatched 180‑degree views.
- 2,000 sq. ft. of renovated, versatile open commercial space.
- Additional 1,300 sq. ft. stone patio for outdoor dining/events.
- Proven track record of successful restaurant operations (25+ years).
- High visibility location on Route 127 with strong foot and vehicle traffic.
- Located on the main connection between Downtown Gloucester and surrounding areas.
Overview
This renovated commercial property offers an exceptional investment opportunity in a prime waterfront location. The property features 2,000 sq. ft. of versatile open space, previously occupied by a successful restaurant for over 25 years. A new 1,300 sq. ft. stone patio provides 180-degree waterfront views, creating an ideal setting for outdoor dining or events. Situated along Route 127, the property benefits from strong foot traffic and steady vehicle flow, serving as the main connection between Downtown Gloucester and Riverview, Riverdale, Annisquam, Lanesville, Pigeon Cove, and Rockport. The location has a bike score of 10, indicating it is somewhat bikeable, a walk score of 12, indicating it is car-dependent, and a transit score of 26, indicating some transit options are available. This property presents a rare and attractive addition to any business or investment portfolio due to its history of long-term tenancy, prime visibility, and coastal setting.
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Gloucester
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.6768623
- Latitude
- 42.6329891
Nearby Similar for Lease
FAQs
What type of property is this?
Conventional restaurant - Renovated waterfront commercial property with outdoor patio and proven success.
Where is this conventional restaurant located?
The property is located at 406 Washington St 1 Gloucester, MA.
What is the lease rate?
The lease rate is $7,500 /Mo.
What are key features of this property?
This property features: Prime waterfront location with unmatched 180‑degree views.; 2,000 sq. ft. of renovated, versatile open commercial space.; Additional 1,300 sq. ft. stone patio for outdoor dining/events.
