Lisa Phillips | Gloucester Real Estate, Essex Real Estate, Rockport Real Estate



35 Fuller St, Gloucester, MA 01930

Magnolia

Business Opportunity

$549,000
Price

8
Parking Spaces
0.22
Lot Size
Calling all investors, builders or buyers who want to generate income… MIXED USE LAND FULLY APPROVED FOR 4 CONDOS, RESTAURANT AND OTHER RETAIL/ SPACE. Everything is in place to pull permits and start excavation. There is space to potentially add two more condos (without changing exterior footprint) on the ground floor (in proposed under building parking) but further approvals/processes and new septic likely needed to be considered. Building is adjacent to the beach and located in Magnolia Village. Opportunity to sell or rent condos (summer by the week or year-round tenants) or to sell/lease retail space (shell or built out for interested buyers). Interested restaurant and retail tenants already identified. Selling in “as is” condition and price reflects completed processes/approvals, reports, engineering/drainage, complete architectural designs/pricing sets, etc. Buyers/Agents: Further due diligence is buyer/agent responsibility. New building will have ocean views.
Open House
Sunday
July 22 at 9:00 AM to 11:00 AM
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Location: 35 Fuller St, Gloucester, MA 01930    Get Directions