27 Washington Street #27 new Save Request In-Person Tour Request Virtual Tour
Gloucester,MA 01930
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,550 sqft
Price per Sqft $192
MLS Listing ID 73398244
Half Baths 1
HOA Fees $267/mo
Year Built 1900
Annual Tax Amount $3,000
Tax Year 2025
Property Sub-Type Condominium
Property Description
Developers, restaurants, and business people will want to see this. This standalone building (currently used as a diner) is in the R5 multi-unit residential zone so it can be converted back to residential use and/or can add additional units on upper levels. Located in the heart of Downtown Gloucester; just a block from Main St restaurants and shops and the harbor. Consider adding 1 or 2 residential condos on upper levels. Keep the ground level as a commercial unit or convert it to residential as well. Buyer to do their own due diligence. Currently operated as a diner. There is 2nd floor space that isn't currently utilized nor accessible. Exclusive use back yard as well. Lots of options! Plenty of parking on the street plus option to lease parking spaces from St Johns lot next door. Current tenant (Two Sisters Diner) is tenant at will. Monthly HOA fee $267. This building has all its own utilities: water, sewer, electric, heat.
Location
State MA
County Essex
Zoning R5
Interior
Heating Electric
Cooling Wall Unit(s)
Flooring Tile,Laminate
Exterior
Exterior Feature Rain Gutters
Fence Security
Community Features Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Conservation Area,Highway Access,House of Worship,Marina,Public School,T-Station
Utilities Available for Gas Range
Waterfront Description Harbor,1/10 to 3/10 To Beach,Beach Ownership(Public)
Roof Type Rubber,Asphalt/Composition Shingles
Building
Story 2
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract