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$7,500
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
MLS Listing ID 73437733
HOA Y/N false
Year Built 1900
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Exceptional investment opportunity in a prime waterfront location. This renovated and well-maintained commercial property offers 2,000 sq. ft. of versatile open space with a proven track record of successful restaurant operations—most recently occupied for more than 25 years. An additional new 1,300 sq. ft. stone patio provides unmatched 180-degree waterfront views, creating a beautiful setting for outdoor dining or events. Ideally located along Route 127, the property benefits from both strong foot traffic and steady vehicle flow, serving as the main connection between Downtown Gloucester and Riverview, Riverdale, Annisquam, Lanesville, Pigeon Cove, and Rockport. With its history of long-term tenancy, prime visibility, and unmatched coastal setting, this property presents a rare and highly attractive addition to any business or investment portfolio.
Location
State MA
County Essex
Zoning NB
Direction Route 128, 3/4 of Rotary, Washington Street towards Riverdale/Lanesville.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, Three Phase
Roof Type Shingle
Total Parking Spaces 24
Others
Senior Community false
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Listed by J. Barrett & Company
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