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Gloucester 01930
40 Sargent Street
$1,750,000
● Land - In Contract

40 Sargent Street

Gloucester, MA 01930
bedrooms
Studio
bathrooms
0 Bath
$9,434
Est. Monthly
0.76%
Cap Rate

About This Property

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.
Unit Size
-
Days on Market
-
Land Size
9.54 acres
Price per sqft
-
Property Type
Land
Property Taxes
$841
HOA Dues
-
Year Built
1946

Listed By

Lane Team
North Shore's Gold Coast Realty

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MLSPIN #73062927)

Price History

Date / Event Date Event Price
Jun 29, 2023 In contract -
In contract
Dec 5, 2022 Listed by North Shore's Gold Coast Realty $1,750,000
Listed by North Shore's Gold Coast Realty
Dec 4, 2022 No longer available -
No longer available
Jun 3, 2022 Listed by North Shore's Gold Coast Realty $1,750,000
Listed by North Shore's Gold Coast Realty
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.

Property Highlights

Exterior Details
Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Building Area Units: Square Feet
Lot Features: Level, Sloped, Cleared
Lot Size Area: 9.54
Lot Size Units: Acres
Lot Size Acres: 9.54
Lot Size Square Feet: 415620
Water Source: Public, On-Site
Financial Details
Tax Assessed Value: $842,800
Tax Annual Amount: $10,089
Utilities Details
Sewer : Public Sewer, On-Site

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 13
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 229,561
  • Total Building Area: 5,112
  • Gross Building Area: 5,112
  • Building Area: 5,112
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 5,112
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000005270
  • Standard Land Use Code: 2024
  • County Land Use Code: 331

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221400

Zoning

  • Zoning: GI

Geography

  • Parcel: GLOU M:0033 B:0003 L:0000
  • Block: 3
  • Municipality: GLOUCESTER
  • Latitude: 42.6215
  • Longitude: -70.6635

    Address

  • Full Address: 40 Sargent St
  • Address - House Number: 40
  • Address - Street Name: Sargent
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C033
  • 4-Digit Zip Code: 2750
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $622,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $619,000
  • Assessed Land Value: $404,700
  • Assessed Improvements Value: $214,300
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 40 Sargent Street built and last sold?
The property at 40 Sargent Street was built in 1946 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 40 Sargent Street is $1,767,500.
What are some comparable homes to 40 Sargent Street?
There are currently no comparable homes to 40 Sargent Street.