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Financial
Distress signals
Property profile

47 Main St Ipswich, MA 01938

OFF-MARKET
Showrooms
Property ID
US38-0439028
8,668 SF 0.17 ac lot Built 1950
Last sale May 1987 · $184,750
Individually Owned Owner of record is an individual. 39-yr Hold Held for 39 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

47 South Main Street is a downtown mixed-use building constructed in 1950, consisting of a large ground-level retail space with four office units located on the upper floors. The building is vertically separated to support both retail activity on the first level and professional office use above, allowing the property to function as a combined retail-and-office asset suitable for an owner-occupant or for multiple tenant configurations. The structure overlooks the Ipswich River and is situated…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$853k
Assessed land$310k
Assessed improvement$542k
Effective rate1.14%

Value estimate

· Oct 2026
$595k
$536k – $655k
Submarket $/SF estimate$459k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$199/SF
County average, outlier-cleaned · 725 recorded sales of this use type
Observed band · Q1–Q3$114 – $316
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB
It is intended primarily to accommodate a composite of business and retail uses, multi-family residential uses, office uses, and institut...
General categoryCIVIC_INSTITUTIONAL
JurisdictionIPSWICH

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.5
Electrical Service10.0
Skin Care Clinic9.6

Location

47 Main St Ipswich, MA 01938-2321
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1 Main, Ipswich, MA 01938-2217 $675,000 Jan 2026 3,846 SF
196 High, Ipswich, MA 01938-1248 $875,000 Apr 2024 3,707 SF
1 Linebrook, Ipswich, MA 01938-2901 $440,000 Sep 2022 2,112 SF
74 Central, Ipswich, MA 01938-1951 $230,000 Mar 2021 2,400 SF
82 Tpke, Ipswich, MA 01938-1047 $1,775,000 Jun 2019 19,665 SF
143 High, Ipswich, MA 01938-1238 $595,000 May 2019 2,986 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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