$1,200,000

Address:"262-264" "Main Street"

Gloucester, Essex "01930"

Status :

 

Style :  
Living area : sqft  
Total rooms : No. of Bedrooms :
Full Bath(s) : Half Bath(s) :
Garage(s) : Garage Style :
Basement : No Lot Size : 3920 sqft/0.09 Acre

Property Details : "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!"

 


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Essential Information

  • MLS® #: 72900181
  • Price: $1,200,000
  • bldg (per sqft.): $
  • Parking spcs: 0
  • Lot Size : 3920
  • Area :

Community Information

  • Address: "262-264" "Main Street"
  • Region:
  • City: Gloucester
  • County: Essex
  • Zip Code: "01930"
  • Office Name:

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