189-191 Main St 1,700 - 2,815 SF Condo Units Offered at $475,000 - $565,000 Per Unit in Gloucester, MA 01930

189-191 Main Street is the most iconic and recognizable building in all of downtown Gloucester. Two spectacular commercial condominiums are available for purchase. To be noted, Blue River Diamonds, the long time retail tenant at the property is purchasing their suite as a long term commitment to this location and space. The first available space to be purchased is the Matthew Swift Gallery Space of approximately 1,700 square feet. This spectacular space boasts period features, a rich hardwood floor, a huge vault which is a unique showroom space, and an incredible upgraded lighting system. The location on Main Street boasts generous signage as well as a highly landscaped setting. The suite is well known to shoppers all throughout Cape Ann. It is available for purchase for occupancy December 1, 2025 unless an accelerated timeframe is negotiated. The second condominium suite is occupied by Wheelhouse Co-Working and is approximately 2,800 square feet. Today, the space is home to numerous smaller businesses. The buildout is nothing short of spectacular with no less than 6 vaults and safes employed in creative ways including the enormous, windowed conference room. This is unique space yielding a very pleasurable work environment, all in the center of the beautiful Main Street corridor. The condominium can be purchased by either an investor or owner occupant. The lease ends on December 31, 2028 and there are no options to renew. This puts the potential owner occupant buyer in the position where they could purchase the condominium and at the same time rent space from Wheelhouse for their growing business until the lease is up at the end of 2028 at which time the owner occupant buyer would have full control over the space. It is possible that significant space could be available in the short run if an owner occupant needed to explore that possibility.