197 E. Main #1 Gloucester — Photo 1 of 10
Recent Drop: $49,000
$250,000
197 E. Main #1, Gloucester, MA 01930
Gloucester, MA 01930 — East Gloucester
Beds
--
Baths
0.5
SqFt
800
Style
Condominium
Built
1900
Iconic and storied East Gloucester location with amazing potential! First floor commercial condo unit is formerly Duckworth's Bistrot. This space could be a restaurant, office or business. Consists of a large great room with beautiful floor to ceiling windows, half bath, kitchen and washroom. Outdoor space currently holds a walk-in refrigerator but could be a patio space. You are in the heart of East Gloucester with Smith Cove on your doorstep, North Shore Art Association around the corner and Rocky Neck minutes away.
Key facts
It was listed on November 25, 2025. The price has come down from an original $425,000 to $250,000 across 4 changes, most recently on September 19, 2026. The annual property taxes are $4,353 (2025 tax year). The condo fee is $348 per month.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Gloucester, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Bathroom 2
Lvl First4 x 4
Bathroom - Half, Flooring - Vinyl
Property History
$250,000
Was $299,000
Sep 19, 2026
MLS® 73457677
$299,000
Was $325,000
Aug 20, 2026
MLS® 73457677
$325,000
Was $399,000
Jan 9, 2026
MLS® 73457677
$399,000
Was $425,000
Dec 4, 2025
MLS® 73457677
$425,000
Nov 25, 2025
MLS® 73457677
Questions about this home
When was 197 E. Main #1, Gloucester listed?
197 E. Main #1, Gloucester was listed on November 25, 2025.
Has the price of 197 E. Main #1, Gloucester changed?
The price has come down from an original $425,000 to $250,000 across 4 changes, most recently on September 19, 2026.
What are the property taxes for 197 E. Main #1, Gloucester?
The annual property taxes for 197 E. Main #1, Gloucester are $4,353 (2025 tax year).
What is the condo fee at 197 E. Main #1, Gloucester?
The condo fee is $348 per month.
What is the status of 197 E. Main #1, Gloucester?
197 E. Main #1, Gloucester is actively listed for sale.
Population
30,075
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$84K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
36.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Andree Gillian Group
Listing Office: Engel & Volkers By the Sea
MLS® Number: 73457677
