Exceptional investment opportunity in a prime waterfront location. This renovated and well-maintained commercial property offers 2,000 sq. ft. of versatile open space with a proven track record of successful restaurant operations—most recently occupied for more than 25 years. An additional new 1,300 sq. ft. stone patio provides unmatched 180-degree waterfront views, creating a beautiful setting for outdoor dining or events. Ideally located along Route 127, the property benefits from both strong foot traffic and steady vehicle flow, serving as the main connection between Downtown Gloucester and Riverview, Riverdale, Annisquam, Lanesville, Pigeon Cove, and Rockport. With its history of long-term tenancy, prime visibility, and unmatched coastal setting, this property presents a rare and highly attractive addition to any business or investment portfolio.
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Last Checked: April 7th, 2026 at 6:48am (Source: MLS PIN #73495390)
General Information for 406 Washington Street # 1, Gloucester MA 01930
Listing ID73495390
Property TypeCommercial Lease / Commercial
Price$7,500
Style
CityGloucester
CountyEssex
Neighborhood(s)Ipswich
ZoningNB
Year Built1900
Disclosures for 406 Washington Street # 1, Gloucester MA 01930
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsPersonal Property
Compensation Based On
Contact Information for 406 Washington Street # 1, Gloucester MA 01930