108R Eastern Ave
Gloucester, MA 01930 North Shore

The property’s General Industrial zoning provides flexibility for a wide range of uses, including multifamily, industrial, or senior housing development. Elevated topography enhances visibility and appeal, while the surrounding area boasts strong demographics with average household incomes exceeding $108,000 within a three-mile radius. Gloucester’s vibrant coastal character, combined with its accessibility to Boston (approximately 45–60 minutes by car or commuter rail), makes this site an exceptional investment for developers seeking entry into a high-barrier market.