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    Gloucester, MA Office Units for Sale

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    Rockport, MA Essex, MA Manchester, MA
    East Gloucester Commercial Condo Opportunity
    $325,000
    0.06 Acres

    East Gloucester Commercial Condo Opportunity

    197 E. Main 1, Gloucester, MA 01930

    Commercial condo in East Gloucester with potential for various uses.

    • Iconic East Gloucester location with high street visibility and proximity to Smith Cove.
    • Versatile space suitable for various uses, including restaurant, office, gallery, business, or residential conversion (with permit).
    • Large great room with beautiful floor‑to‑ceiling windows.
    • Outdoor space with potential for patio conversion.
    • Close proximity to North Shore Art Association, Rocky Neck, Niles Beach, and Good Harbor Beach.
    Updated: Apr 18
    View details
    East Gloucester Commercial Condo Opportunity
    $325,000

    East Gloucester Commercial Condo Opportunity

    197 E. Main #1, Gloucester, MA 1930

    Commercial condo in East Gloucester with high visibility and potential.

    • Iconic East Gloucester location with high street visibility.
    • Versatile space suitable for restaurant, office, gallery, business, or residential conversion (with permit).
    • Large great room with beautiful floor‑to‑ceiling windows.
    • Outdoor space with patio potential.
    • Heart of East Gloucester, steps from Smith Cove.
    Updated: Apr 25
    View details
    East Gloucester Commercial Condo Opportunity
    $325,000

    East Gloucester Commercial Condo Opportunity

    Commercial condo in East Gloucester with potential for various uses.

    197 E. Main, Unit 1, Gloucester, MA 1930
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Gloucester, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Ipswich Flex Space Condo Unit
    $219,000

    Ipswich Flex Space Condo Unit

    Flex condo unit suitable for various business or personal uses.

    6 Old Essex Rd. #5, Ipswich, MA 1938
    View details
    Downtown Beverly Commercial Building
    $1,250,000
    2,921 SF

    Downtown Beverly Commercial Building

    Free-standing commercial building in downtown Beverly with redevelopment potential.

    306 Cabot St, Beverly, MA 1915
    View details
    Downtown Beverly Commercial Building
    $1,250,000
    2,921 SF

    Downtown Beverly Commercial Building

    Free-standing commercial building in downtown Beverly with flexible layout.

    306 Cabot St, Beverly, MA 1915
    View details
    Ipswich Flex Space Condo Unit
    $219,000
    827 SF

    Ipswich Flex Space Condo Unit

    Flex space condo unit with garage bay and office.

    6 Old Essex Road, Unit 5, Ipswich, MA 1938
    View details

    Gloucester, MA Office Units Investment Opportunities Market Analysis

    Explore 3 office units for sale in Gloucester, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $975,000.

    Sale prices for office units in Gloucester, MA start at $325,000, averaging $325,000, and reaching up to $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Gloucester property taxes are below the county average by 0.74 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $7.06 per sq ft
    Tax Rate (average for all types) 0.97%
    Tax Rate vs County Average 0.74 pp below county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Gloucester.

    Leading Commercial Asset Segments

    Office Units 29
    Office buildings 4
    Creative space 3
    Medical Office Space 2

    Gloucester Demographics Overview

    Population 30K
    Population Growth (5Y) -0.6%
    Median Household Income $87,898
    College Educated 54.6%

    Top Neighborhoods for Investment

    Discover the areas of Gloucester with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    01930 $325K - 3.1M $1.7M

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