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Commercial Land with Multifamily Overlay

13 Brown Street, Ipswich, MA 01938

For Sale
New
$1,199,900

GB-zoned site supports multifamily development under the stated overlay provisions, subject to site plan review.

Property SizeContact for details
Days on Market3

Property Features for 13 Brown Street

General Information

Standard status Active
Property subtype Land
Zoning GB

Taxes and HOA fees

Annual Taxes $5,781

Amenities

Level
Public
0.68
No
110.00
Listing Agency: Coldwell Banker Realty - Haverhill
Listed By: Carrie Cole
Source: Realprobythewater
Added: Nov 7 Changed: Nov 8 Last Checked: Nov 8 at 5:17PM

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 Coldwell Banker Realty - Haverhill

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Investment Insights

Based on property information with market context.

The proposed 29,545-square-foot lot combines 13 Brown Street with part of the parcel identified as 7. It lies in the General Business District and 3A Multi-family Overlay District-2 (MOD-2), where the stated provisions allow 12 multifamily units, including one affordable unit, without a special permit; site plan review is required. Existing natural gas, town water and sewer, and electrical service currently serve a dwelling on the property.

A complete land survey is available showing a proposed lot-line division. Wetland resource areas were identified by an environmental consultant, and Phase I and II environmental site assessments with inspection reports were completed for both 7 and 13. Preliminary inquiries and site visits have involved municipal planning, public works, water and sewer, conservation, and MBTA representatives.

Key Highlights

  • Proposed 29,545‑square‑foot lot combines 13 Brown Street with part of 7
  • 3A MOD‑2 provisions allow 12 multifamily units, including 1 affordable unit, without a special permit; site plan review applies
  • GB zoning with a 3A Multi‑family Overlay District‑2

Property Analytics

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Open Analytics

Suggested Use

Top Pick HVAC Service Electrical Service Barber Shop (Bike/Boat/Book/etc) Store Accounting Firm Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

596
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Essex County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - GB-zoned site supports multifamily development under the stated overlay provisions, subject to site plan review.
Where is this commercial land located?
The property is located at 13 Brown Street Ipswich, MA.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: Proposed 29,545‑square‑foot lot combines 13 Brown Street with part of 7; 3A MOD‑2 provisions allow 12 multifamily units, including 1 affordable unit, without a special permit; site plan review applies; GB zoning with a 3A Multi‑family Overlay District‑2
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