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Seatronics 171 E Main St

1,631 SF Retail Building Gloucester, MA 01930 £461,646 (£283/SF)

Executive Summary

After 46 years of doing business in Gloucester, the owner has decided to retire and sell the "Seatronics" building in East Gloucester. Located on East Main St, the property enjoys the high visibility of this busy corridor in Gloucester. The 1,631sf free standing, block building has been used as a retail store for marine related sales since 1978. The first floor is clear span with 10' ceiling and could be wide open with removal of one non-loading bearing wall. One existing bathroom, with plumbing for a second, that would need to be updated if for public use. There is a full basement with the same 1,631sf of storage space and a 6' 5" ceiling height. To the left of the building, there is parking for 8 vehicles. Far left of property is an easement granted to 173 and 183R East Main St for driveway access. Variety of potential uses by right or with special permit that include retail, office, single family, artist studio and mixed-use. Buyer and buyer's broker to perform own due diligence.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Building Size
1,631 SF
Year Built
1850
Price
£461,646
Price Per SF
£283
Tenancy
Single
Number of Floors
1
Building FAR
0.28
Lot Size
0.13 AC
Frontage
83 ft on East Main Street

Nearby Major Retailers

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
GLOU-000063-000029
Land Assessment
£182,702
Improvements Assessment
£183,563
Total Assessment
£366,265
  • Listing ID: 34040524

  • Date on Market: 30/11/2024

  • Last Updated:

  • Address: 171 E Main St, Gloucester, MA 01930

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