27 Washington Street, Gloucester, MA 01930
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$299,000
0 Beds
1 Bath
1550 SQFT
Acres: N/A
$267 HOA

Property Description

Developers, restaurants, and business people will want to see this. This standalone building (currently used as a diner) is in the R5 multi-unit residential zone so it can be converted back to residential use and/or can add additional units on upper levels. Located in the heart of Downtown Gloucester; just a block from Main St restaurants and shops and the harbor. Consider adding 1 or 2 residential condos on upper levels. Keep the ground level as a commercial unit or convert it to residential as well. Buyer to do their own due diligence. Currently operated as a diner. There is 2nd floor space that isn't currently utilized nor accessible. Exclusive use back yard as well. Lots of options! Plenty of parking on the street plus option to lease parking spaces from St Johns lot next door. Current tenant (Two Sisters Diner) is tenant at will. Monthly HOA fee $267. This building has all its own utilities: water, sewer, electric, heat.

Property Details tap to expand

Amenities

  • Amenities: Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Public School, Public Transportation, Shopping, Tennis Court, T-Station, Walk/Jog Trails
  • Association Fee Includes: Master Insurance, Reserve Funds

Kitchen, Dining, and Appliances

  • Kitchen Dimensions: 10X20
  • Kitchen Level: First Floor
  • Dishwasher, Range, Refrigerator
  • Dining Room Dimensions: 20X25
  • Dining Room Level: First Floor

Bathrooms

  • Half Baths 1
  • Bathroom 1 Dimensions: 6X10
  • Bathroom 1 Level: First Floor

Other Rooms

  • Total Rooms: 3

Utilities

  • Heating: Electric, Forced Air, Space Heater
  • Heat Zones: 1
  • Cooling: Wall AC
  • Cooling Zones: 1
  • Electric Info: 110 Volts, On-Site
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit Features

  • Square Feet: 1550
  • Unit Building: 27
  • Unit Level: 1
  • Unit Placement: Street
  • Interior Features: Finish - Sheetrock
  • Security: Fenced
  • Floors: 2
  • Pets Allowed: No
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Type: Condo
  • Complex Complete: Yes
  • Number of Units: 6
  • Number of Units Owner Occupied: 5
  • Elevator: No
  • Condo Association: U
  • HOA Fee: $267
  • Fee Interval: Monthly
  • >Optional Fee: 50.00
  • Optional Fee Includes: Additional Parking Space

Construction

  • Year Built: 1900
  • Style: Colonial, Detached,
  • Construction Type: Aluminum, Frame
  • Roof Material: Asphalt/Composition Shingles, Rubber
  • Flooring Type: Laminate, Tile
  • Lead Paint: Unknown
  • Warranty: No

Exterior & Grounds

  • Exterior Features: Gutters
  • Pool: No
  • Waterfront Features: Harbor
  • Distance to Beach: 1/10 to 3/10
  • Beach Ownership: Public

Other Information

  • MLS ID# 73398244
  • Last Updated: 06/30/25
  • Documents on File: Aerial Photo, Arch Drawings, Building Permit, Certificate of Insurance, Floor Plans, Investment Analysis, Legal Description, Master Deed, Perc Test, Site Plan, Topographical Map, Unit Deed
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/29/2025New$299,000$193MLSPIN
06/27/2025New$299,000$315MLSPIN
03/27/2025Sold$475,000$511MLSPIN
02/21/2025Under Agreement$475,000$511MLSPIN
02/14/2025Contingent$475,000$511MLSPIN
01/21/2025Active$475,000$511MLSPIN
01/17/2025Price Change$475,000$511MLSPIN
01/16/2025New$499,000$537MLSPIN
11/23/2024Sold$475,000$579MLSPIN
11/21/2024Sold$305,000$590MLSPIN
10/22/2024Under Agreement$499,999$610MLSPIN
10/17/2024Sold$435,000$521MLSPIN
10/08/2024Contingent$499,999$610MLSPIN
10/02/2024Under Agreement$305,000$590MLSPIN
10/01/2024Active$499,999$610MLSPIN
09/27/2024New$499,999$610MLSPIN
09/19/2024Contingent$305,000$590MLSPIN
09/19/2024Under Agreement$429,000$514MLSPIN
09/13/2024Active$305,000$590MLSPIN
09/09/2024Contingent$429,000$514MLSPIN
09/09/2024Price Change$305,000$590MLSPIN
09/01/2024Active$325,000$629MLSPIN
08/31/2024Active$429,000$514MLSPIN
08/28/2024New$325,000$629MLSPIN
08/27/2024New$429,000$514MLSPIN

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Seller's Representative: Timothy Collins, Boston Metropolitan Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-06-30 03:30:00

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