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76 Prospect St 3,168 SF 100% Leased Retail Building Gloucester, MA 01930 $1,258,287 CAD ($397.19 CAD/SF)



Investment Highlights
- On-site downtown Parking for 13 vehicles
- Many recent seller updates
- Flexible floor plan with existing commercial kitchen
Executive Summary
Available for only the 2nd time in nearly 60 years, Sovereign Realty Advisors is proud to present for sale this well-maintained, single-story commercial building. The former home of Connors Pharmacy for over 40 years, the building was thoughtfully renovated in 2013 for the Savour Wine & Cheese business. The interior offers a warm, inviting atmosphere with an open and flexible floor plan at the front of the space, suitable for a variety of commercial uses. The rear of the building is equipped with a full commercial-grade kitchen and bar seating, featuring a 9-foot exhaust hood, prep area, dishwasher, three-bay sink, and walk-in cooler. Additional features include 2 ADA-compliant restrooms, a private office, handicap accessibility from a dedicated 13-space rear parking lot, and an extremely clean, full-height 1,300-sqft basement. Prominently positioned at the corner of Prospect Street and Pleasant Street and just steps from Gloucester center, the property benefits from excellent visibility and strong traffic counts.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,168 SF
Building Class
C
Year Built/Renovated
1900/2013
Price
$1,258,287 CAD
Price Per SF
$397.19 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.35
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
NB - Property is in Zoning District NB, Neighborhood Business. Note the city website incorrectly shows property in
Residential 5. Will be updated in 2027
Frontage
170’ on Pleasant St
Walk Score®
Walker's Paradise (96)
Nearby Major Retailers
Property Taxes
| Parcel Number | GLOU-000026-000045 | Improvements Assessment | $503,179 CAD |
| Land Assessment | $386,192 CAD | Total Assessment | $889,371 CAD |
Property Taxes
Parcel Number
GLOU-000026-000045
Land Assessment
$386,192 CAD
Improvements Assessment
$503,179 CAD
Total Assessment
$889,371 CAD
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76 Prospect St
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