40 Sargent StreetGloucester, MA 01930MLS Number 73062927

  • Price: $1,750,000
  • Est. Mortgage of $/month
  • 775 Days on Market
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Federal 30-year interest rate: 7.04% last updated on Jan 16, 2025
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Under Agreement
40 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 0193040 Sargent Street Gloucester MA 01930
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  • 9.54Acreage
  • GIZoning
Rare 9.54 Acres of General Industrial zoned commercial land currently improved with 2 old warehouse buildings (5112 SF and 3200+- SF) in need of extensive repair or teardown. Excellent location with direct easy access to Rt. 128 via Schoolhouse Road to property. Very close proximity to Blackburn Industrial Park, Gloucester Crossing Shopping Plaza, and site of new YMCA/retail/apartment complex! Property has been recently surveyed and 21E environmental report from 2001 is on file for Buyer review. Property consists of 5 separate contiguous parcels. Allowed uses include manufacturing, processing, research, storage or warehouse, self storage facility, office building, tradesman or contractor yard, stone mason yard, and fuel or ice establishments. Site is mostly level and cleared. City water, city sewer, natural gas and electric services are all available at site. Other uses may be allowed but would require zoning board or city council approval.
Listed by Lane Team of North Shore's Gold Coast Realty

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Colonial Manor Realty
Colonial Manor Realty
127 Franklin Street
Reading, MA 01867

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Basic Information

  • Lot Features Level, Sloped, Cleared
  • Mls StatusUnder Agreement
  • Parcel Number 1895416
  • Road Frontage DescriptionPaved

Building

  • Building Area Units Square Feet

Exterior

  • Fencing Fenced/Enclosed

Property Information

  • Lot Size Square Feet 415,620
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road

Other

  • Buyer Agency Compensation2
  • Date Listed12/05/2022
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2
  • View Count65

Tax Information

  • Tax Assessed Value $842,800
  • Tax Year 2022
  • Taxes$10,089

Location

  • Address40 Sargent Street
  • Building Number40
  • CountyEssex
  • StateMA
  • StreetSargent Street
  • TownGloucester
  • Zip01930

Amenities

  • AmenitiesPublic Transportation, Highway Access, T-Station
  • Other AmenitiesBeachfront

Basic Information

  • List Price$1,750,000
  • MLS Number73062927
  • Modification Date01/01/2025
  • Property SubTypeCommercial
  • Purchase Contract Date06/28/2023

Property

  • Acreage9.54

Utilities

  • Electric On-Site
  • Electric On Property YN Yes
  • Gas On-Site
  • Sewer Public Sewer, On-Site
  • Water Source Public, On-Site

Water Body

  • Miles to Beach2
  • Waterfront Features Beach Front, Ocean,1 to 2 Mile To Beach, Beach Ownership(Public)

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