Active
10 Days on market
27 Washington St #27 Gloucester — Photo 1 of 8

27 Washington St #27 Gloucester — Photo 1 of 8

$325,000

27 Washington St #27, Gloucester, MA 01930

Gloucester, MA 01930

Beds

--

Baths

1

SqFt

955

Style

Condominium

Built

1900

Prime Downtown Gloucester Residential/ Commercial Opportunity! This stand alone commercial condominium offers a rare opportunity to own a distinctive property in the heart of Gloucester. Ideally located on Washington Street, this versatile property is well suited for an owner user, professional office, retail, service business, or investor looking to establish a presence in one of Cape Ann’s most vibrant communities. The layout provides excellent visibility and flexibility, potential for residential expansion while the central location offers convenient access to downtown Gloucester, Main Street, the waterfront, restaurants, shops, and local amenities. With its unique character and outstanding location this property presents an exciting opportunity to own commercial real estate in downtown Gloucester. Explore the possibilities and bring your business vision to life!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$340/sqft
Local Avg (Gloucester)$557/sqft
39% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Gloucester, MA.

Property Details

Financials

Original Price$325,000
Annual Taxes$3,000
HOA Fee$297

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms1
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningR5

Property & Lot

Acres0.17
SqFt Lot7,557
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails

Geography

Population

30,075

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

36.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Irma Fountain

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73569899

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