Sold

242 Main Street, Gloucester, MA

Gloucester · MA 01930

$1,452,500
Price
9
Beds
6
Baths
8031
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 11 Units
Lot size: 0.26 Acre Lot
Price per square foot: $181 / Sq.Ft
Parking: No Parking

About this home

242 Main Street, is an 11-unit mixed-use property consisting of 5 street-level retail units with individual store-front entrances on Main Street and 6 residential units set back and above the commercial units. The Property contains 8,031 square feet of leasable area on a 0.26-acre parcel. The Property features an attractive street-level fa'ade, updated units, a shared deck, and a large yard at the rear of the Property with a BBQ area and active community garden that is shared by the residential tenants. Overnight parking for residents is available in the neighboring lot. The Property is well-located on a high-traffic section of Main Street in Downtown Gloucester, just one block from Gloucester's Inner Harbor. The vibrant retail corridor attracts both area residents and tourists visiting the many shops, restaurants and attractions in the area.

Neighborhood & Transit

242 Main Street, Gloucester · MA 01930

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Gloucester Commuter Rail 1 route 0.48 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
2111 days
Listing Price:
$1,450,000
Price per Sq.Ft:
$181
Tax Assessment:
$779,500 in 2020
Taxes:
$817 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
6
Half Bathrooms
0
Living Area
8,031 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Other (See Remarks)

Exterior Features

Lot Size
11,326 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Stephen Girolamo
Listing office
Horvath & Tremblay
MLS PIN #
72694493