107 Eastern Ave
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107 Eastern Ave
4,238 SF 100% Leased Retail Building Gloucester, MA 01930 For Sale
Investment Highlights
- High traffic area on route 127
- Expansion possibilities
- Highly visible
Executive Summary
This property is ideally situated near well-established businesses that have been serving the Cape Ann area for years, including Walgreens, Shaw's Supermarket, Enterprise Rent-A-Car, Advance Auto Parts, and East Coast Tire. Anchored by a Dunkin' Donuts with a NNN lease and long-term options, the site also features a self-storage business and a Shell gas station, creating a robust mix of revenue-generating opportunities. Located along the highly traveled Route 127, this 7.67 +/- acre property offers exceptional visibility and accessibility, making it a prime investment opportunity. Seller is seeking proposals to purchase high volume gas business with lease or sale.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,238 SF
Building Class
C
Year Built
1960
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.01
Lot Size
7.66 AC
Zoning
000
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | GLOU-000185-000127 | Improvements Assessment | £790,457 |
Land Assessment | £523,427 | Total Assessment | £1,313,884 |
PROPERTY TAXES
Parcel Number
GLOU-000185-000127
Land Assessment
£523,427
Improvements Assessment
£790,457
Total Assessment
£1,313,884
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107 Eastern Ave
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