242 Main Street, is an 11-unit mixed-use property consisting of 5 street-level retail units with individual store-front entrances on Main Street and 6 residential units set back and above the commercial units. The Property contains 8,031 square feet of leasable area on a 0.26-acre parcel. The Property features an attractive street-level façade, updated units, a shared deck, and a large yard at the rear of the Property with a BBQ area and active community garden that is shared by the residential tenants. Overnight parking for residents is available in the neighboring lot. The Property is well-located on a high-traffic section of Main Street in Downtown Gloucester, just one block from Gloucester’s Inner Harbor. The vibrant retail corridor attracts both area residents and tourists visiting the many shops, restaurants and attractions in the area.