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    FOR SALE
    Mixed-use properties

    100-102 Main St, Gloucester, MA 01930

    Built 1905
    Property ID
    US38-Q000193
    Property summary
    AI-generated overview

    Investors/Developers! This mixed use building offers an excellent potential return and a variety of potential uses. The property is located among the busiest shops and restaurants on Main street and includes two retail stores and three residential apartments all currently leased. The residential units include beautiful architectural details including exposed brick, over-sized windows, tall wooden-beamed ceilings, recessed lighting, central air and beautiful views of the harbor and ocean. There is a 2000+ sf single level luxury apartment on the second floor, with large granite kitchen, and two townhouse units of apx. 1350 utilizing the third and fourth floors. Historic Gloucester Harbor and a public beach is just 1/10 mile from the property. Don’t miss this amazing opportunity.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1905
    UPID US38-Q000193
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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