Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$7,500

  • For Lease
  • Active
  • Commercial Lease
See This Home
Save This Home
See This Home
Save This Home
Exceptional investment opportunity in a prime waterfront location. This renovated and well-maintained commercial property offers 2,000 sq. ft. of versatile open space with a proven track record of successful restaurant operations-most recently occupied for more than 25 years. An additional new 1,300 sq. ft. stone patio provides unmatched 180-degree waterfront views, creating a beautiful setting for outdoor dining or events. Ideally located along Route 127, the property benefits from both strong foot traffic and steady vehicle flow, serving as the main connection between Downtown Gloucester and Riverview, Riverdale, Annisquam, Lanesville, Pigeon Cove, and Rockport. With its history of long-term tenancy, prime visibility, and unmatched coastal setting, this property presents a rare and highly attractive addition to any business or investment portfolio.

Full Property Details for 406 Washington St #1

General

  • Price: $7,500
  • Taxes: (2025)
  • Status: Active
  • Type: Commercial Lease
  • MLS ID: 73437733
  • Updated: 10/6/2025
  • Added to Site: 107 day(s) ago

Location

  • County: Essex

Structural Information

  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.12

Financial Considerations

  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Direct waterfront with generous outdoor seating. On-street parking.
  • Property ID: 1899098
  • Block/Lot/Section: 23

Listed by J. Barrett & Company, Julia Virden

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 406 Washington St #1 —

  • Julia Virden

    J. Barrett & Company

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 406 Washington St #1

School District:Gloucester School District
NameGradesDistance
Beeman Memorial
138 Cherry Street, Gloucester, MA 01930
K-50.4 mi
Ralph B O'maley Middle School
32 Cherry Street, Gloucester, MA 01930
6-80.3 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 406 Washington St #1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/01/2025
Listed
$7,500
—
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.

Estimate the Cost for 406 Washington St #1

$
Down Payment
%
$
%

$
$

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by J. Barrett & Company, Julia Virden

Similar Properties near 406 Washington St #1

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

65 Middle St, Gloucester, MA 01930 - Photo 1
$2,400

65 Middle St  #1  Gloucester, MA 01930

  • Commercial Lease
  • Active
11 Center St, Gloucester, MA 01930 - Photo 1
$1,500

11 Center St  Gloucester, MA 01930

  • Commercial Lease
  • Active
108 E Main St, Gloucester, MA 01930 - Photo 1
$111

108 E Main St  Gloucester, MA 01930

  • Commercial Lease
  • Active
108 E Main St, Gloucester, MA 01930 - Photo 1
$800

108 E Main St  #3  Gloucester, MA 01930

  • Commercial Lease
  • Active

Just Listed near 406 Washington St #1

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2 Central St, Ipswich, MA 01938 - Photo 1 Just Listed
$68,900

2 Central St  #12  Ipswich, MA 01938

  • Commercial
  • Active
Listed by Tzortzis Lane Group (978) 256-2560
6 Old Essex Rd, Ipswich, MA 01938 - Photo 1 Just Listed
$595,000

6 Old Essex Rd  #6  Ipswich, MA 01938

  • Commercial
  • Active
45 County St, Ipswich, MA 01938 - Photo 1 Just Listed
$344,900
Open House

45 County St  #4  Ipswich, MA 01938

  • Condo
  • Active
  • Updated 3 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 634
    Sq. Ft.
38 Buttonwood Ln, Ipswich, MA 01938 - Photo 1 Just Listed
$2,550,000

38 Buttonwood Ln  #30  Ipswich, MA 01938

  • Condo
  • Active
  • Updated 16 hours ago
  • 3
    Beds
  • 4
    Total Baths
  • 3,114
    Sq. Ft.

Price Reduced near 406 Washington St #1

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

177 Main St, Rockport, MA 01966 - Photo 1 Price Reduced
-$10,000 (-1.11%)
$889,999
Open House

177 Main St  Rockport, MA 01966

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,120
    Sq. Ft.
23 Jeffrey's Neck Rd, Ipswich, MA 01938 - Photo 1 Price Reduced
-$100,000 (-16.69%)
$499,000

23 Jeffrey's Neck Rd  Ipswich, MA 01938

  • Land Residential
  • Active
  • Updated 16 hours ago
  • 2.48
    Acres
13 Giles Ave, Beverly, MA 01915 - Photo 1 Price Reduced
-$19,900 (-5.69%)
$330,000
Open House

13 Giles Ave  #2  Beverly, MA 01915

  • Condo
  • Active
  • Updated 2 hours ago
  • 2
    Beds
  • 1
    Total Bath
  • 657
    Sq. Ft.
35 Flint, Salem, MA 01970 - Photo 1 Price Reduced
-$5,100 (-1.05%)
$479,900
Open House

35 Flint  #106  Salem, MA 01970

  • Condo
  • Active
  • Updated 7 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,340
    Sq. Ft.
Listed by Claudia Tabar-Conway (978) 406-1080 and Lara Chankhour (781) 854-1754

Recent Sales near 406 Washington St #1

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

6 Stanwood Pt, Gloucester, MA 01930 - Photo 1 Sold
$7,000

6 Stanwood Pt  #B  Gloucester, MA 01930

  • Townhouse
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,483
    Sq. Ft.
18 Union Street - Seasonal, Manchester by the Sea, MA 01944 - Photo 1 Sold
$7,500

18 Union Street - Seasonal  Manchester by the Sea, MA 01944

  • Single Family
  • Closed
  • 5
    Beds
  • 4
    Total Baths
  • 3,881
    Sq. Ft.
1 Saw Mill Cir, Manchester by the Sea, MA 01944 - Photo 1 Sold
$8,150

1 Saw Mill Cir  #-  Manchester by the Sea, MA 01944

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 2,472
    Sq. Ft.
Listed and Sold by Krista Julian
159 West St, Beverly, MA 01915 - Photo 1 Sold
$7,000

159 West St  Beverly, MA 01915

  • Single Family
  • Closed
  • 4
    Beds
  • 5
    Total Baths
  • 3,950
    Sq. Ft.

406 Washington Street #1, Gloucester, MA 01930 (MLS# 73437733) is a Commercial Lease property. 406 Washington Street #1 is currently listed for $7,500 and was received on October 01, 2025. Want to learn more about 406 Washington Street #1? Do you have questions about finding other Commercial Lease real estate for sale in Gloucester? You can browse all Gloucester real estate or contact a Coldwell Banker agent to request more information.

Tour this property