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.
- Disclosure:
- Heating & hot water tank 2020. Mini splits added 2019. Roof 2010. Sunroom is unheated. Public record lists this house as a 2 bedroom. Buyer & agent to verify all information & perform their own due diligence. Some photos are virtually enhanced.
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- NB
- Orig Price:
- $7,500
- LEASE_TYPE:
- Nnn
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Gloucester
- State:
- MA
- County:
- Essex
- Postal Code:
- 01930
- Longitude:
- W71° 19' 23.4''
- Latitude:
- N42° 37' 58.8''
Commercial Lease
406 Washington Street, Gloucester, Massachusetts
- Property Type :
- Commercial Lease
- Listing Type :
- For Rent
- Price :
- $7,500
- Year Built :
- 1900
- Lot Area :
- 0.12 Acre
- Listing ID :
- 73495390
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com