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$7,500 Just Listed

  • For Lease
  • Active
  • Commercial Lease
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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: 73495390
  • Updated: Today (4/2/2026)
  • Added to Site: Today

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

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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 ATTOM Data Solutions 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
4/02/2026
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.

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*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

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Listed by J. Barrett & Company, Julia Virden

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406 Washington Street #1, Gloucester, MA 01930 (MLS# 73495390) is a Commercial Lease property. 406 Washington Street #1 is currently listed for $7,500 and was received on April 02, 2026. Want to learn more about 406 Washington Street #1? Do you have questions about finding other Commercial Lease real estate for sale in Annisquam? You can browse all Annisquam real estate or contact a Coldwell Banker agent to request more information.

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