MIXED USE BUILDING located in a high-traffic, high visibility location and containing a commercial unit on the 1st floor and a one-bedroom residential rental unit located on the 2nd floor above the retail space. The apartment is currently rented to a tenant-at-will at below market rent and will be delivered vacant at closing. Excellent income potential! Commercial unit is in turnkey condition! Great opportunity for a live/work situation! Additionally, there is potential to convert the property into 2 residential units. Conveniently located near highway and commuter rail, and close to Gloucester's historic downtown!
Listed by Mark T. Vadala
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Vadala Real Estate
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978-490-0939
Listed by Daniel Vadala
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Vadala Real Estate
Last updated September 03, 2025
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Source: MLSPin #73404309
Listing Facts
TypeMulti-family
NeighborhoodCentral Gloucester
Bedrooms1
Bathrooms2
Days on Prevu53
Taxes$3,417.17/year
Size1,152 sqft
Price per sqft$451
Amenities
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
09/03/2025
Price Decreased
$519,900
07/14/2025
Listed by Vadala Real Estate
$529,900
Property Details for 185 Washington Street
Association
Amenities
Community Features: Public Transportation, Highway Access, House Of Worship, T-Station, Sidewalks
Exterior
Construction
Number Of Units Total: 2
Roof: Asphalt/Composition Shingles
Stories: 2
Stories Total: 2
Window Features: Insulated Windows, Screens
Year Built: 1930
Year Built Details: Approximate,Renovated Since
Construction Materials: Frame
Exterior Features: Rain Gutters, Varies Per Unit
Features
Patio And Porch Features: Deck - Wood
Road Frontage Type: Public
Waterfront Features: Ocean, 1/2 To 1 Mile To Beach, Beach Ownership(Public)
Measurements
Building Area Total: 1,152
Building Area Units: Square Feet
Frontage Length: 29
Lot Features: Corner Lot, Easements, Level
Lot Size Acres: 0.03
Lot Size Area: 0
Lot Size Square Feet: 1,275
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $17,700.00
Taxes
Parcel Number: M:0038 B:0021 L:0000,1895665
Tax Annual Amount: $3,417.17
Tax Assessed Value: $351,200.00
Tax Year: 2024
Interior
Features
Appliances: Other, Range, Refrigerator
Flooring: Wood, Tile, Varies, Hardwood
Interior Features: Remodeled, Internet Available - Broadband, Other, Storage, High Speed Internet, Bathroom With Tub & Shower, Living Room, Kitchen
Measurements
Living Area: 1,152
Living Area Source: Public Record
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 1
Rooms Total: 5
Other
Environmental
Green Energy Efficient: Thermostat, Varies per Unit
Location
Tax Lot: 21
Parking
Parking
Open Parking: Yes
Parking Features: Shared Driveway
Utilities
Equipment
Cooling: Heat Pump, Individual, Unit Control, Ductless, None
Electric: 110 Volts, 220 Volts, Circuit Breakers, Individually Metered, Varies Per Unit
Heating: Heat Pump, Electric, Individual, Unit Control, Ductless, Natural Gas, Wall Unit
Has Heating: Yes
Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Sewer: Public Sewer
Utilities: For Electric Dryer, Washer Hookup, Varies Per Unit
Water Source: Public
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