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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.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
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

Shaw's
Stop & Shop
Market Basket
Starbucks
The YMCA
Santander
Chase
TD Bank
Citizens Bankk

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
GLOU-000185-000127
Land Assessment
£523,427
Improvements Assessment
£790,457
Total Assessment
£1,313,884
  • Listing ID: 34134697

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: 107 Eastern Ave, Gloucester, MA 01930

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