Financial
Distress signals
Property profile

151 Main St Gloucester, MA 01930

FOR LEASE
Retail space
Property ID
US38-0729648
3,254 SF 0.07 ac lot Built 1890
Last sale Feb 1999 · $115,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Built in 1890, this restaurant property features a front-facing commercial space and two bathrooms. The basement contains a substantial kitchen area designed for food-service use. The rear of the building has water views. The premises can be delivered with or without equipment, allowing flexibility in layout and operational setup. The property is situated near the center of Gloucester’s Main Street with a prominent street-facing position and surrounding pedestrian activity. There are two

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$566k
Assessed land$309k
Assessed improvement$257k
Effective rate1.00%

Value estimate

· Sep 2026
$115k
$104k – $127k
AI approach$115k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$222/SF
County average, outlier-cleaned · 252 recorded sales of this use type
Observed band · Q1–Q3$138 – $329
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB
The Central Business District is located on either side of Main Street, A broad range of business, retail, office and institutional uses ...
General categoryCIVIC_INSTITUTIONAL
JurisdictionGLOUCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Skin Care Clinic13.2
Spa & Massage12.7
Auto Parts Store12.4

Location

151 Main St Gloucester, MA 01930
County assessor Recorded deeds · 5 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16 Lexington, Gloucester, MA 01930-3918 $3,829 Jan 2025 2,561 SF
58 Rogers, Gloucester, MA 01930 $350,000 Jan 2023 2,348 SF
159 Maplewood, Gloucester, MA 01930-2231 $400,000 Oct 2022 2,385 SF
32 Maplewood, Gloucester, MA 01930-2755 $850,000 Oct 2022 3,084 SF
350 Main, Gloucester, MA 01930-3040 $430,000 Apr 2022 3,420 SF
88 Bass, Gloucester, MA 01930-3119 $800,000 Dec 2020 2,856 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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