Ipswich Mixed-Use Historic
For Sale
$974,500
57 East Street, Ipswich, MA 01938
Mixed-use property with bakery, apartment, and storage building.
Property Size342 SF
Price / SF$2,849
Days on Market99
Property Features for 57 East Street
General Information
Standard status
Active
Size
342 SF
Property subtype
Commercial
Building Details
Year Built
1909
Listing Agency:
eXp Realty LLC
(978) 710-9388
Listed By:
The North Shore Realty Group
(978) 710-9388
Source:
Aucoinryanrealty
Added: Apr 23
Changed: Jul 10
Last Checked: Jul 16 at 12:07PM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
This property offers an opportunity to own a piece of Ipswich history dating back to 1909. Currently, it operates as a neighborhood bakery, restaurant, convenience store, and retail package store with a wine and malt beverage license. The first floor features a professional industrial kitchen, fully equipped for high-volume food service. The second floor contains a two-bedroom, one-bath apartment with a large living room/dining room area and a private entrance. Additionally, there is a 342 sq. ft. out-building, formerly used as a bait shop and now utilized for extra storage. The property benefits from convenient parking and good visibility. It is located a short distance from the Ipswich River, with the Ipswich River Boat Launch and Park nearby. There is potential to convert the property to 100% residential rentals.
Key Highlights
- Established Commercial Space: Functioning bakery/restaurant/store with wine and malt beverage license.
- High‑Volume Industrial Kitchen: Fully equipped for professional food service.
- Two‑Bedroom Apartment: Includes a private entrance and living/dining area.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Multifamily in Northeast region
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Similar Off Market Nearby
- Chrissi's Cafe & Fine Catering — 8 Hayward St, Ipswich, MA 01938
Frequently Asked Questions
What type of property is this?
Restaurant - Mixed-use property with bakery, apartment, and storage building.
Where is this restaurant located?
The property is located at 57 East Street Ipswich, MA.
What is the asking price?
The asking price for this property is $974,500.
What are key features of this property?
This property features: Established Commercial Space: Functioning bakery/restaurant/store with wine and malt beverage license.; High‑Volume Industrial Kitchen: Fully equipped for professional food service.; Two‑Bedroom Apartment: Includes a private entrance and living/dining area.
