30 Western Ave - Office FOR SALE


Gloucester, MA 01930- North Shore
$7,250,000 USD
603-235-2760
30 Western Ave, Gloucester, MA for Sale
$7,250,000 USD
Office - FOR SALE
1/33
null | Request Cap Rate

30 Western Ave
Gloucester, MA 01930
North Shore


HIGHLIGHTS

  • Waterfront with unparallel views
  • Owned beachfront to the low water mark
  • In-town location

OVERVIEW

ATTENTION BUILDERS and DEVELOPERS - A 1.58 acre waterfront mixed use re-development opportunity. Property has adequate frontage for future division,(45,229 s.f. upland, 23,738 s.f. beach) The 20,000 square foot building is currently being used as a fully leased office building with a solid rental history. The property has previously served as fully licensed restaurant/ event facility. This is a very rare opportunity to produce income while you permit for re-development!! Located in the Neighborhood Business Zone offering both residential and commercial uses. The property enjoys deeded ownership of the beach to the low water mark. Access to commuter rail within 1/4 mile and walking distance to a vibrant revitalized downtown. Neighborhood Business zone, residential and commercial uses, owned water front to the low water line.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

NB

APN/PARCEL ID

GLOU-000002-000024

ASK ABOUT THIS PROPERTY

Kevin TaltyTalty Realty AssociatesMore Info
603-235-2760

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Kevin TaltyTalty Realty AssociatesMore Info
603-235-2760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.