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The Rudder on Rocky Neck 73 Rocky Neck Ave

5,593 SF Vacant Retail Building Gloucester, MA 01930 £2,425,595 (£434/SF)

Investment Highlights

  • Waterfront Restaurant
  • 2 BR / 3 BA Residential Condo
  • 5 Boat Slips

Executive Summary

Waterfront Rocky Neck! Iconic & established Restaurant and 2-BR Waterfront Residence above! A rare opportunity to own a beloved landmark in the heart of Rocky Neck, Gloucester: one of the oldest working art colonies in America. This legendary restaurant has been serving locals and tourists for over 60 years and continues to evoke nostalgic memories for generations. Rebuilt in 2010, it offers a perfect blend of history, charm, and modern amenities with an enduring reputation for quality and atmosphere. The fully furnished and stocked restaurant has 5 deep-water boat slips to allow diners to dock and enjoy their meals on picturesque Smith Cove.This is a one-of-a-kind opportunity to live and work in one of the most sought-after waterfront locations. Whether you're an aspiring restaurateur or looking for a unique investment, this property offers the best of both worlds: a thriving business and a waterfront lifestyle. Incredible income potential.

Attachments

RESTAURANT INVENTORY LIST
Site Plan - 73 Rocky Neck
Unit Plans

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,593 SF
Building Class
B
Year Built/Renovated
1955/2009
Price
£2,425,595
Price Per SF
£434
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
3
Building FAR
0.80
Lot Size
0.16 AC
Zoning
NB
Frontage
41 ft on Rocky Neck Ave

Amenities

  • Waterfront
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Nearby Major Retailers

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

PROPERTY TAXES

Parcel Number GLOU-000128-000042-000001 Improvements Assessment £794,265
Land Assessment £0 Total Assessment £794,265

PROPERTY TAXES

Parcel Number
GLOU-000128-000042-000001
Land Assessment
£0
Improvements Assessment
£794,265
Total Assessment
£794,265
(978) 317-9240

Contact

  • Barbara Dugan
    Barbara Dugan
  • Engel & Volkers By The Sea

  • Listing ID: 34127656

  • Date on Market: 08/12/2024

  • Last Updated:

  • Address: 73 Rocky Neck Ave, Gloucester, MA 01930

The Retail Property at 73 Rocky Neck Ave, Gloucester, MA 01930 is currently available for sale. Contact Engel & Volkers By The Sea for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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73 Rocky Neck Ave, Gloucester, MA for sale Building Photo- Image 1 of 33
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Waterside Elevation
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Restaurant
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Restaurant
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Restaurant
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Restaurant Kitchen
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Restaurant
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Restaurant
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Restaurant Kitchen
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Restaurant
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Restaurant
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Restaurant Kitchen
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Residence Deck
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Restaurant Kitchen
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Residence
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Residence
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Residence Kitchen
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Residence
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Residence BR
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Residence Loft
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Residence Loft
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Residence
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Residence Bath
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© 2024 CoStar Group

The Rudder on Rocky Neck | 73 Rocky Neck Ave
(978) 317-9240 x

The Rudder on Rocky Neck | 73 Rocky Neck Ave

Barbara Dugan

(978) 317-9240

(978) 317-9240

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