Back to Search
Waterfront Restaurant Opportunity

406 Washington Street #1 Gloucester, MA 01930

406 Washington Street #1, Gloucester, MA, 01930
$7,500/Mo
For Lease
$7,500/Mo $45 SF/Yr (calc)

Renovated waterfront commercial property with outdoor patio and proven success.

Property Size2,000 SF
Days on Market106

Property Features for 406 Washington Street #1

General Information

Standard status
Active
Size
2,000 SF
Property subtype
Commercial

Building Details

Year Built
1900
Listing Agency J. Barrett & Company
Listed by Julia Virden
Source Corcoran
Added: Apr 2 Checked: Jul 15 at 9:17 pm

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


Investment Insights

Based on property information with market context.

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, with a history of successful restaurant operations spanning 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 property's prime visibility and coastal setting make it a highly attractive addition to any business or investment portfolio.

Key Highlights

  • Prime waterfront location with unmatched 180‑degree views.
  • Enjoy 2,000 sq. ft. of renovated, versatile open space.
  • Additional 1,300 sq. ft. stone patio for outdoor dining/events.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Parking Lot & Garage Auto Repair Shop HVAC Service Building Supply Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

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 Street #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.; Enjoy 2,000 sq. ft. of renovated, versatile open space.; Additional 1,300 sq. ft. stone patio for outdoor dining/events.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message