406 Washington Street #1 Gloucester, MA 01930

Building Details

Year Built

1900

Listing office J. Barrett & Company j***@jbarrettrealty.com Show Phone

Listing date Apr 2, 2026

Source Corcoran

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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.

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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.