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    Property profile & analytics

    108 Main St Gloucester, MA 01930-5731

    • Investment properties
    • 7,200 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $1,470,000
    Last Sale
    May 26, 2023
    $1,630,000
    Location Intelligence
    Property ID
    US38-1778930
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Law Office of Meredith A. Fine / Real Estate Attorney / Attorney
    • Safe Port Financial Associates LLC. / Financial Institution / Financial Planner
    • Ted Reed Productions / Advertising Agency / Video Production Service
    • The Maud / Olson Library / Museum
    • Procter Bros. Bldg. / Historical Landmark

    Property Details for 108 Main St

    Year built
    1860
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.06 lot acres
    Property size
    7,200 SF
    Zone code
    CB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    GLOU M:0007 B:0051 L:0000
    APU
    GLOUM0007B0051L0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,610,000
      6.5%
      $1,820,000
      7%
      $1,800,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,640,000
      Geo Method
      $1,680,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,790,000
      Retail
      $1,745,000
      Mixed-Use
      $1,845,000
      Hospitality
      $1,565,000
      Educational
      $1,740,000
      Residential Income
      $1,685,000
      Energy
      $1,645,000
      Income-Based Land
      $1,385,000
      Food Service
      $1,595,000

    Location Insight

    • Map
    • Local Demand
    City
    Gloucester
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.6639
    Latitude
    42.6127
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $9,128
    $298,300
    $772,000
    $1,070,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3.44 Acres

      115 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3.44 Acres
      115 Main St, Gloucester, MA 01930-3860
      View Details
    • Value Estimation by Request
      14,554 SF

      211 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 14,554 SF
      211 Main St, Gloucester, MA 01930-4161
      View Details
    • Value Estimation
      $625,000
      3,350 SF

      79 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,350 SF
      79 Washington St, Gloucester, MA 01930-3532
      View Details
    • Value Estimation by Request
      2,832 SF

      77 Langsford St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,832 SF
      77 Langsford St, Gloucester, MA 01930-1062
      View Details
    • Value Estimation
      $270,000
      1,014 SF

      24 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,014 SF
      24 Main St, Gloucester, MA 01930
      View Details
    • Value Estimation by Request
      4,545 SF

      142 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,545 SF
      142 Main St, Gloucester, MA 01930-5732
      View Details

    Similar Nearby for Sale

    • $2,089,000
      8,068 SF

      Mixed-Use Building on Main Street

      Mixed-use building with retail and residential units in Gloucester, MA.
      100-102 Main St, Gloucester, MA 01930
      View Details
    • $1,250,000
      3,400 SF

      Gloucester Mixed-Use Investment Opportunity

      Three-unit bundle with retail and residential income potential.
      0000 Confidential Ave, Gloucester, MA 01930
      View Details
    • $2,089,000

      Mixed-Use Building on Main Street

      Mixed-use building with retail and residential units in Gloucester, MA.
      100-102 Main St, Gloucester, MA 01930
      View Details
    • $2,089,000

      Mixed-Use Building on Main Street

      Mixed-use building with retail and residential units in Gloucester.
      100-102 Main St, Gloucester, MA 01930
      View Details
    • $760,000

      Gloucester Two-Family Home

      Two-family home with spacious units and separate utilities.
      78 Grove St, Gloucester, MA 01930
      View Details
    • $549,000

      East Gloucester Three-Family Property

      Three-family property in East Gloucester with water views.
      86 East Main St, Gloucester, MA 01930
      View Details

    Similar Nearby for Lease

    • $1,100 /Mo

      Downtown Gloucester Retail Space Available

      700 sq ft commercial space in downtown Gloucester/Magnolia.
      29 Lexington Ave, Gloucester, MA 01930
      View Details
    • $1,500 /Mo
      1,460 SF

      Office Space in Blackburn Center

      1,460sf office space available for rent in Gloucester, MA.
      1-10 Blackburn Ctr, Gloucester, MA 01930
      View Details
    • $3,730 /Mo
      2,758 SF

      Downtown Gloucester Retail/Office Space

      Versatile 2,758 SF space suitable for retail or office.
      186 Gloucester Ave, Gloucester, MA 01930
      View Details
    • $3,730 /Mo

      Downtown Gloucester Retail/Office Space

      Versatile 2,758 SF space in Brown's Mall.
      186 Main St, Gloucester, MA 01930
      View Details
    • $7,500 /Mo

      Waterfront Restaurant Space Available

      Renovated restaurant space with patio and waterfront views.
      406 Washington St, Gloucester, MA 01930
      View Details
    • $12 SF/Yr
      10,200 SF

      Gloucester Industrial Space For Lease

      Versatile Flex Space, 2,420-10,200 SF
      15 Great Republic Dr, Gloucester, MA 01930
      View Details
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    108 Main St
    Gloucester, MA 01930-5731
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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