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25-31 Railroad Ave
Gloucester, MA 01930 North Shore

$590,000 USD

Storefront Condo For Sale  •  1,573 SF

Property Details

  • Property Type Storefront
  • Total Building Size 33,543 SF
  • Lot Size 0.67 AC
  • Building Class B
  • Year Built 2004
  • Tenancy Single
  • Zoning NB
70 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 2 Office/Retail 1,573 SF $590,000 USD
  • Unit Size: 1,573 SF
  • Condo Use: Office/Retail
  • Price: $590,000 USD
  • Sale Type: Investment
  • Price/SF: $375.08 USD
Description
Location is the key with this retail condo. Currently leased by an optical shop as a tenant at will with a 60day notice. This is the perfect spot for retail, offices or another type of commercial space. It is next door to the T and bus station, restaurants, florist, graphics store, car wash, liquor store, convenience stores and many other businesses. It is a high traffic area, close to 128 with close proximity to downtown and city hall.  
Great visibility, easily accessible, two deeded parking spots with more in front and out back of the condo. Gloucester is a beautiful town and very busy in the summer.

Sale Notes
The condo fee.is 614 a month. It includes landscaping, snow plowing, any exterior maintenance. Tenant currently pays all rent, condo fee, water and city sewer.
The condo is for sale not the business. Buyers need to do their own diligence.  
Only 29 Railroad Ave, Unit 2 is for sale.

Highlights

Heavy traffic and walking flow
Next to the T and bus stop
Lots of light and sunshine

Amenities

  • Corner Lot
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Gloucester (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 1 min 2 min 0.1 mi
West Gloucester (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 6 min - 2.7 mi
Transit/SubwayDriveWalkDistance
Gloucester (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 1 min 2 min 0.1 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 51 min - 30.6 mi
Portsmouth International at Pease 72 min - 46.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Grace Ciaramitaro 978-807-6186 J Barrett & Co
Grace Ciaramitaro 978-807-6186 J Barrett & Co