73 Rocky Nck Ave 1&2 Gloucester, MA 01930
- Commercial real estate
- 0.16 lot acres
Current Use by Public Records
- The Rudder / Restaurant
- Rudder Restaurant / Restaurant / Seafood Restaurant
Property Details for 73 Rocky Nck Ave 1&2
- Year built
- 2010
- Lot size
- 0.16 lot acres
- Property type
- Commercial real estate
Description
This exceptional property at 73 Rocky Neck Ave. in Gloucester, MA presents a rare opportunity to acquire a beloved, established waterfront restaurant and a two-bedroom residence above. Situated on a 0.16-acre lot in the heart of Rocky Neck, one of America's oldest working art colonies, this iconic landmark has served the community for over 60 years, building a legacy of quality and nostalgic charm. Completely rebuilt in 2010, the restaurant seamlessly blends historical character with modern amenities. The fully furnished and stocked restaurant boasts five deep-water boat slips on picturesque Smith Cove, offering diners a unique waterfront dining experience. The upper level features a comfortable two-bedroom residence, providing convenient living quarters above the thriving business. This turnkey operation offers incredible income potential, making it an ideal investment for an aspiring restaurateur or a savvy investor seeking a unique and established waterfront property. The property's prime location in the desirable Rocky Neck area ensures continued success and high demand. This is a truly one-of-a-kind opportunity to own a piece of Gloucester's rich history while enjoying a lucrative business and stunning waterfront lifestyle. The asking price is $3,100,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gloucester
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.6562
- Latitude
- 42.6074
