Three-Unit Retail
For Sale
$819,900
41 S Main St, Ipswich, MA 01938
Three retail units with prominent main-street visibility and views of the Ipswich River, offered for sale with leases in place.
Property Size6,480 SF
Price / SF$126.53
Days on Market150
Property Features for 41 S Main St
General Information
Standard status
Active
Size
6,480 SF
Property subtype
Commercial
Zoning
CB
Net Operating Income
$49,986
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,400
Building Details
Building Size
6,480 SF
Year Built
1935
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty - Marblehead
(978) 578-5013
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: Mar 24
Changed: Aug 19
Last Checked: Aug 19 at 5:52AM
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 - Marblehead
Investment Insights
Based on property information with market context.
This multi-tenant retail property consists of three separate retail units at street level. The asset is presented as an investment opportunity with existing leases in place, providing current occupancy tied to the unit lineup.
The building is located in downtown Ipswich on South Main Street, with prominent frontage on Main Street. Public remarks also note that the property overlooks the Ipswich River and sits in an area surrounded by established local businesses and restaurants. The location is described as being near Route 1A and the Ipswich MBTA commuter rail.
For investors or owner-operators looking for a small multi-unit retail asset, the three-unit configuration can support multiple tenant arrangements within one property. Tenants and brokers should focus on the street-facing retail setup and the visibility benefits cited in the marketing materials, along with the convenience of access to major regional routes and commuter rail referenced for the area.
The building is located in downtown Ipswich on South Main Street, with prominent frontage on Main Street. Public remarks also note that the property overlooks the Ipswich River and sits in an area surrounded by established local businesses and restaurants. The location is described as being near Route 1A and the Ipswich MBTA commuter rail.
For investors or owner-operators looking for a small multi-unit retail asset, the three-unit configuration can support multiple tenant arrangements within one property. Tenants and brokers should focus on the street-facing retail setup and the visibility benefits cited in the marketing materials, along with the convenience of access to major regional routes and commuter rail referenced for the area.
Key Highlights
- Built in 1935, 41 South Main Street is a three‑unit retail property in downtown Ipswich.
- Prominent Main Street frontage with visibility and views of the Ipswich River.
- Three retail units offered with leases in place for immediate income.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Storefront property - Three retail units with prominent main-street visibility and views of the Ipswich River, offered for sale with leases in place.
Where is this storefront property located?
The property is located at 41 S Main St 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: Built in 1935, 41 South Main Street is a three‑unit retail property in downtown Ipswich.; Prominent Main Street frontage with visibility and views of the Ipswich River.; Three retail units offered with leases in place for immediate income.
