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Property Description

Introducing Gloucester’s newest mixed use commercial property located in an Opportunity Zone. Formally known as the Greenie or Green Tavern, a solid 1925 structure, with original tin ceilings and a beautiful one-of-a-kind mahogany bar. Offering a street level commercial space expanding 3,265 square feet consisting of a large built-in bar with dining area, separate entertainment area, ADA bathrooms, office, and a fully equipped commercial kitchen, this property houses (4) one-bedroom residential apartments upstairs, offering endless income potential or condo conversion possibilities. Hold onto property for 5 years get 10% off Capital Gains, hold for 7 years get 15% reduction in Capital Gains, hold on for 10 years have 0% Capital Gains. Positioned in a high traffic area on a strip filled with various shops and restaurants, here is your opportunity to build your dream business in one of the busiest seaport cities on Boston’s Northshore!

Features
: Asphalt/composition Shingles
0
Address Map
US
MA
Essex
Gloucester
01930
Main Street
262-264
0
W71° 20' 27.9''
N42° 36' 54.2''
Additional Information
No
Rogers Street to Main Street
C8000500
Brick,Stucco
1900-01-01
AN4955
Street
5
No
2021-10-14T15:47:00
$8,184
Commercial
No
$0

Commercial/industrial For Sale

262-264 Main Street, Gloucester, Massachusetts 01930

0 Bedrooms
0 Bathrooms
6,313 Sqft
$1,200,000
Listing ID #72900181
Basic Details
Property Type : Commercial/industrial
Listing Type : For Sale
Listing ID : 72900181
Price : $1,200,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,313 Sqft
Year Built : 1925
Lot Area : 0.09 Sqft
Status : Active
Agent info
Contact Agent
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