Rare opportunity to own a waterfront mixed use multifamily right on beautiful Stacy Boulevard! A special place to enjoy the historic harbor of Gloucester. Well maintained and updated property with endless potential suitable for an owner occupied who wants to live in the residential unit and get income from the commercial space or a savvy investor/developer who would like to convert this multifamily into two condos. Condo docs are almost done. Amazing water views from almost every room! The residential unit has breathtaking views with 2,070 sq. ft., 2 bedrooms, 2 Large Bathrooms, nice size living room, dining room, laundry area, closets space and a private parking space for one car. This unit also has potential to build a garage and put a deck on top for outdoor space. The commercial space with 1,715 sq. ft. has a large conference area with amazing ocean views, 5 individual offices spaces, kitchen, handicap bathroom and a large finished basement used as an office and storage.