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Informations principales sur l'investissement

  • Rare 7.73-acre development site in affluent Cape Ann submarket.
  • Flexible GI zoning suitable for multifamily, industrial, or senior housing.
  • Strong local demographics and proximity to healthcare and retail amenities.
  • Scenic waterviews and direct access to Eastern Avenue.
  • One mile from downtown Gloucester and near MBTA commuter rail.

Résumé analytique

Atlantic Capital Partners has been exclusively engaged to market for sale Blackburn East, a 7.73-acre land site located at 108R and 112R Eastern Avenue in Gloucester, MA. The asset features a prime redevelopment opportunity in one of the North Shore’s most desirable coastal communities. Blackburn East offers over 7 acres of vacant land with excellent access to downtown Gloucester and the city’s primary amenities. The site is ideally situated 1.5 miles East of the bustling downtown area and benefits from proximity to essential services including Shaw’s Supermarket, Addison Gilbert Hospital, and the MBTA Commuter Rail Station. Blackburn East features an elevated topography and includes an access easement from Eastern Avenue. The offering includes two contiguous parcels—108R and 112R—totaling 7.73 acres of land. Both parcels are currently zoned General Industrial, providing a wide range of potential uses. The ownership entity currently controls the highlighted parcels shown below, and Parcels 1 and 2 (108R and 112R) are being exclusively offered as part of this sale.

Informations sur l’immeuble

Prix 1 553 166 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé Commercial
Surface totale du lot 1,98 ha
Zonage GI - General Industrial

1 Lot disponible

Lot

Prix 1 553 166 €
Prix par ha 511 727,56 €
Surface du lot 3,04 ha

A +/- 7.5-acre site with scenic waterviews and direct access to Eastern Ave, positioned for multifamily, industrial, or senior housing development

Description

The property’s General Industrial zoning provides flexibility for a wide range of uses, including multifamily, industrial, or senior housing development. Elevated topography enhances visibility and appeal, while the surrounding area boasts strong demographics with average household incomes exceeding $108,000 within a three-mile radius. Gloucester’s vibrant coastal character, combined with its accessibility to Boston (approximately 45–60 minutes by car or commuter rail), makes this site an exceptional investment for developers seeking entry into a high-barrier market.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Taxes foncières

Taxes foncières

Numéro de parcelle
GLOU-000263-000028
Évaluation du terrain
22 780 €
Évaluation des aménagements
0 €
Évaluation totale
22 780 €
  • ID de l’annonce: 38609802

  • Date de mise sur le marché: 01/12/2025

  • Dernière mise à jour:

  • Adresse: 108R Eastern Ave, Gloucester, MA 01930

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