Active
269 Days on market
197 E. Main #1 Gloucester — Photo 1 of 10
Recent Drop: $100,000
$425,000$325,000
$325,000
197 E. Main #1, Gloucester, MA 01930
Gloucester, MA 01930 — East Gloucester
Beds
--
Baths
0.5
SqFt
800
Style
Condominium
Built
1900
Iconic and storied East Gloucester location with amazing potential! First floor commercial condo unit is formerly Duckworth's Bistrot. This space could be a restaurant, office or business. Consists of a large great room with beautiful floor to ceiling windows, half bath, kitchen and washroom. Outdoor space currently holds a walk-in refrigerator but could be a patio space. You are in the heart of East Gloucester with Smith Cove on your doorstep, North Shore Art Association around the corner and Rocky Neck minutes away.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$406/sqft
Local Avg (Gloucester)$581/sqft
30% BelowMarket Average
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Gloucester, MA.
Property Details
Financials
Original Price$425,000
Annual Taxes$4,352.96
HOA Fee$347.88
Parking
Garage0
Off-Street0
Interior Specifications
Total Rooms3
FireplacesNone
FlooringWood, Tile, Vinyl, Carpet, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
BasementY
Climate & Utilities
HeatingCentral, Baseboard, Oil, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer
Building & Exterior
ConstructionFrame
RoofShingle, Rubber
Foundation--
ZoningNB
Property & Lot
Acres0.06
SqFt Lot2,460
Lot Features--
Amenities & Appliances
Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
First
Bathroom 2
Bathroom 2
Lvl First4 x 4
Bathroom - Half, Flooring - Vinyl
Property History
Price Drop
$325,000
Was $399,000
Jan 9, 2026
MLS® 73457677
Price Drop
$399,000
Was $425,000
Dec 4, 2025
MLS® 73457677
Listed
$425,000
Nov 25, 2025
MLS® 73457677
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: Andree Gillian Group
Listing Office: Engel & Volkers By the Sea
MLS® Number: 73457677
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