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$800,000 -$99,000 (-11.01%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 3 Total Beds
  • 0.06 Acres
  • Updated 2 days ago
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Iconic and storied East Gloucester location with three floors of amazing potential! First floor condo unit is formerly Duckworth's Bistrot. This space could be a restaurant, office or business or could be converted to residential with a special permit. First floor consists of a large great room with beautiful floor to ceiling windows, half bath, kitchen and washroom. Second/Third floor condo unit is a two-story apartment, with high ceilings, great light and lovely views of the harbor. Large roof deck overlooking Smith Cove and Gloucester Harbor. The apartment consists of three bedrooms, one bathroom, large living room, dining room and kitchen with views. (Two other condo units are possibly available if desired for a total of 4 units. Inquire about pricing). 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.

Full Property Details for 197 E Main U:1&2

General

  • Price: $800,000
  • Taxes: $4,352 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73448930
  • Updated: 1/13/2026
  • Added to Site: 79 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Location

  • County: Essex

Structural Information

  • Basement: Yes
  • Stories/Levels: 6
  • Square Feet: 2,305
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.06

Financial Considerations

  • Tax Amount: $4,352.96
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Washer And Dryer Are Not Included.
  • Disclosures/Rstr.: 2nd fl kitchen is in need of renovation, including dishwasher not functioning. Condo documents will be filed before closing. Condo fee is for both units 1 & 2 and is an estimate that includes master insurance. Oil/Water/Sewer are shared expenses payed separately.

Listed by Engel & Volkers By the Sea, Andree Gillian Group and Gillian Harnish Bouchie

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Listing agents

— 197 E Main U:1&2 —

  • Andree Gillian Group

    Engel & Volkers By the Sea

  • Gillian Harnish Bouchie

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 197 E Main U:1&2

School District:Gloucester School District
NameGradesDistance
East Gloucester Elementary School
8 Davis Street Extension, Gloucester, MA 01930
K-50.2 mi
Ralph B O'maley Middle School
32 Cherry Street, Gloucester, MA 01930
6-81.8 mi
Gloucester High School
32 L O Johnson Rd, Gloucester, MA 01930
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 197 E Main U:1&2 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$800,000
-11.01%
MLS
11/12/2025
Price Reduced
$899,000
-10.01%
MLS
10/29/2025
Listed
$999,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Engel & Volkers By the Sea, Andree Gillian Group and Gillian Harnish Bouchie

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Listed by Gabriela DeBenedictis

197 E. Main U:1&2, Gloucester, MA 01930 (MLS# 73448930) is a Multi-Family property with 2 units containing 3 bedrooms, 1 full bathroom and 1 partial bathroom. 197 E. Main U:1&2 is currently listed for $800,000 and was received on October 29, 2025. Want to learn more about 197 E. Main U:1&2? Do you have questions about finding other Multi-Family real estate for sale in Gloucester? You can browse all Gloucester real estate or contact a Coldwell Banker agent to request more information.

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