Ipswich Retail Investment
For Sale
$819,900
41 S Main St Ipswich, Ipswich, MA 01938
Downtown Ipswich retail property with three units and income potential.
Property Size6,480 SF
Price / SF$126.53
Days on Market105
Property Features for 41 S Main St Ipswich
General Information
Standard status
Active
Size
6,480 SF
Zoning
CB
Net Operating Income
$49,986
Taxes and HOA fees
Annual Taxes
$6,400
Building Details
Building Size
6,480 SF
Year Built
1935
Listing Agency:
(508) 501-1443
Listed By:
Crystal Silva
(508) 501-1443
Source:
Milestonerealtyinc
Added: May 16
Changed: Aug 28
Last Checked: Aug 28 at 7:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crystal Silva
Investment Insights
Based on property information with market context.
Located in downtown Ipswich, this retail property at 41 South Main Street offers an investment opportunity. The property overlooks the Ipswich River and is surrounded by established local businesses and restaurants, benefiting from consistent foot traffic. It comprises three retail units, presenting an opportunity for investors seeking a multi-tenant asset in a desirable location. Existing leases provide immediate income, with potential for future rent growth and tenant positioning. The property features frontage on Main Street, visibility, and proximity to Route 1A and the Ipswich MBTA commuter rail. The building has a total size of 6,480 square feet.
Key Highlights
- Prime downtown Ipswich location with high foot traffic and river views
- Multi‑tenant retail property with three units, offering immediate income
- Strong investment opportunity with long‑term upside potential through rent growth
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Home Improvements & Furnishings 10%
Cumberland Farms
Shops & Services
6,870 visits/mo
0.3 miles
TD Bank
Shops & Services
2,321 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
1,313 visits/mo
0.2 miles
Tedford's Building Materials And Hardware
Home Improvements & Furnishings
1,136 visits/mo
0.2 miles
Demographics for 01938, MA
13,785
Population
6,270
Households
2.2
Avg Household Size
51
Median Age
57%
College-Educated
98%
High-School Grad
32.1 sq mi
ZIP Area
429
Density / Sq Mi
$124,405
Median Household Income
$62,161
Median Earnings
$1,525
Median Rent
$701,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Downtown Ipswich retail property with three units and income potential.
Where is this retail space located?
The property is located at 41 S Main St Ipswich Ipswich, MA.
What is the asking price?
The asking price for this property is $819,900.
What are key features of this property?
This property features: Prime downtown Ipswich location with high foot traffic and river views; Multi‑tenant retail property with three units, offering immediate income; Strong investment opportunity with long‑term upside potential through rent growth
