Conventional Restaurant

Ipswich, MA Conventional Restaurants for Sale

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Neighborhood Bakery with Apartment
Updated: Sep 23, 2025
Neighborhood Bakery with Apartment

57 East Street, Ipswich, MA 01938

$974,500
2,419 sqft
1909 two‑level property with food service/retail setup and a private‑entry 2‑bedroom, 1‑bath apartment on the second floor
First floor includes a professional industrial kitchen set up for high‑volume food service (currently a bakery serving lunch and dinner)
Continued use described for neighborhood bakery/restaurant/convenience store/retail package store with wine and malt beverages
Includes a 342 sq. ft. out‑building used as extra storage (formerly a bait shop)
Convenient parking and close proximity to the Ipswich River boat launch and park
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Mixed-Use Restaurant and Residence
Updated: Jun 5
Mixed-Use Restaurant and Residence

57 East Street, Ipswich, MA 01938

$974,500
2,419 sqft
Two‑level property built in 1909 with a second‑floor 2BR, 1BA apartment with private entrance
First floor includes a professional industrial kitchen currently set up for high‑volume food service (bakery serving lunch and dinner)
Property offers multiple use possibilities, including neighborhood bakery/restaurant/convenience store/retail and a package store for wine and malt beverages
Includes a 342 SF out‑building used for extra storage (previously a bait shop)
Convenient parking and a private‑entry apartment above the operational kitchen
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ipswich, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Building Near Salem University
Commercial Building Near Salem University

101 Loring Avenue, Salem, MA 01970

$550,000

Commercial building for sale near Salem State University.

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Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

13 Central Street, Salem, MA 01970

$2,290,000
6,442 sqft

Three-story mixed-use building with a ground-floor restaurant and residential apartments above.

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Iconic Waterfront Restaurant and Residence
Iconic Waterfront Restaurant and Residence

73 Rocky Neck Ave. 1&2, Gloucester, MA 01930

$3,100,000

Established restaurant with residence in historic Rocky Neck art colony.

View details
Turnkey Restaurant and Bar Opportunity
Turnkey Restaurant and Bar Opportunity

50 Rogers, Gloucester, MA 01930

$89,000

135-seat bar and restaurant in prime Gloucester location.

View details

Ipswich, MA Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Ipswich, MA on our real estate platform. These investment opportunities span a total of 4,838 square feet of properties for sale, with an estimated market value of $1,949,000.

Sale prices for conventional restaurants in Ipswich, MA start at $974,500, averaging $974,500, and reaching up to $974,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Commercial kitchens 1

Demographics Overview

Population 14K
Population Growth (5Y) -0.6%
Median Household Income $124,405
College Educated 82.3%

High-Yield Neighborhoods for Investment

Identify Ipswich submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01938 $974.8K

Taxes & Financing

Tax Rate (average for all types) 1.14%
Property Tax per SF $15.29 per SF
Tax Rate vs County Average 0.57 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

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