CCertihomes
1010 Confidential, Gloucester, MA 01930

$644,000

0 beds 1 baths Built 1990Active

About this home

Well-established profitable pizza/Roast beef and sub. The restaurant is in a strip plaza next to the downtown and the seaport of Gloucester, an outstanding high foot traffic year-round location. The place can seat up to 48 people. The average income is $32000 - $37000 weekly. The business was established 32 years ago and has been managed by the same owner since 2014. Equipment includes a pizza double conveyor oven- which saves energy-, a vertical oven for the roast beef, a walk-in fridge, 2 freezers, 2 cold/salad stations, 2 fry stations, a large grill, and dough machine, microwave, warmer, and 2 soda fridges. The restaurant will have a beer license soon. Growth & Expansion: to mail coupons to the next-door residential area. Great opportunity to own a business in Gloucester next to the seaport; call now.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$5,988/mo

Real estate (PITI + HOA + PMI)
$5,719
Principal + interest$4,153
Property tax + insurance$1,324
PMI / 2nd mortgage$242
Utilities
$591
Heating + cooling$134
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$157
$5,988/mo TLC
Budget$6,488/mo
Remaining after TLC$500/mo
Purchase price
$644,000
Down payment
$32,200 (5%)
Loan amount
$611,800
APR
7.2%

Quick facts

Type
BU
Style
Year built
1990
Lot size
Stories
0
Heating
Cooling
Water
HOA
Annual tax
MLS #
73143033
County
Essex

Neighborhood — 01930

MetricThis ZIPCountyUSA
Population31,7296,444,931299,088,112
Population Change Since19907.00%7.00%20.00%
Population Density1,130786
Male15,3313,127,134147,432,321
Female16,3983,317,797151,655,844
Never Married7,4541,612,88563,775,926
Married13,1942,586,314123,120,365
Separated899247,85712,639,686
Widowed2,121363,59415,467,586
Divorced2,571436,88823,075,029
Number Of House Hold13,1842,431,591111,826,380
Average House Hold Size2.382.562.60
Medial Age41.0737.2535.46
Median House Hold Income$54,695$57,698$48,276
Average House Hold Income$67,088$75,023$63,629
P C I$28,192$29,196$24,529
M D I$45,934$48,105$41,133
A T H E$53,185$57,083$50,898
S T R5.00%5.00%
W C J81.48%81.38%77.74%
(Zip) Code
1930

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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Listing information last refreshed 8/1/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.