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    57 East St Ipswich Ipswich, MA 01938

    Grocery and convenience stores Google Maps
    2,419 SF Built 1909
    57 East St,Unit Ipswich, Ipswich, MA 01938 For Sale 1 / 28
    $974,500 2,419 SF
    57 East St,Unit Ipswich, Ipswich, MA 01938
    View Listing →
    Estimated value
    No estimation on file for this property yet.
    Property ID US38-0014441

    Property summary

    AI-generated overview

    OUTSTANDING OPPORTUNITY - Opportunities like this do not come to market often!! Here is your chance to own a Piece of Ipswich 1909 History as a Neighborhood Bakery/Restaurant/Convenience Store/Retail, a short distance to the Ipswich River Boat Ramp. The Second Floor is a TWO-bedroom, One-Bath, large Living Room/Dining Room Apartment with a Private Entrance. The first floor is a Professional Industrial Kitchen, fully equipped for High-Volume Food Service-currently a Bakery serving lunch and dinner. Ipswich River Boat Launch and Park are moments away. The 342 sq. ft. Out-Building was once used as a bait shop and is now used for extra storage. Convenient Parking, Great Visibility, and Enormous Growth Potential. Potential to convert to 100% Residential Rentals.

    Property profile

    Verified
    Property type Grocery and convenience stores
    Year built 1909
    Total area 2,419 SF
    UPID US38-0014441

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • Atm
    • Cafe & Coffee Shop
    2 occupants on record

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • $974,500
      2,419 SF
      Neighborhood Bakery with Apartment
      Two-level food service and retail setup includes a professional kitchen and a private-entry two-bedroom apartment.
      57 East Street, Ipswich, MA 01938
      View Details
    • $974,500
      2,419 SF
      Mixed-Use Restaurant and Residence
      Two-level property with an operational kitchen and private-entry apartment above, plus an added storage outbuilding.
      57 East Street, Ipswich, MA 01938
      View Details
    • New
      $950,000
      8,623 SF
      Downtown Mixed-Use Retail and Offices
      Ground-floor retail with four office units above, offering a combined owner-user or investment configuration in downtown Ipswich.
      47 S Main St, Ipswich, MA 01938
      View Details
    • New
      Contact for pricing
      462 SF
      Downtown Storefront Condominium
      Flexible commercial condominium with an open plan, private restroom, and updated electrical service.
      58 Central St Unit 1-2, Ipswich, MA 01938
      View Details
    • New
      $819,900
      6,480 SF
      Ipswich Retail Investment Opportunity
      Downtown Ipswich retail property with three units and income potential.
      41 S Main St, Ipswich, MA 01938
      View Details
    • New
      Contact for pricing
      Renovating Live-Work Mixed-Use Building
      Mixed-use building undergoing full renovation, featuring office/retail space, residential units, and 19 parking spaces.
      126 High St, Ipswich, MA 01938
      View Details

    Similar Nearby for Sale

    • $974,500
      2,419 SF
      Neighborhood Bakery with Apartment
      Two-level food service and retail setup includes a professional kitchen and a private-entry two-bedroom apartment.
      57 East Street, Ipswich, MA 01938
      View Details
    • $974,500
      2,419 SF
      Mixed-Use Restaurant and Residence
      Two-level property with an operational kitchen and private-entry apartment above, plus an added storage outbuilding.
      57 East Street, Ipswich, MA 01938
      View Details
    • New
      $950,000
      8,623 SF
      Downtown Mixed-Use Retail and Offices
      Ground-floor retail with four office units above, offering a combined owner-user or investment configuration in downtown Ipswich.
      47 S Main St, Ipswich, MA 01938
      View Details
    • New
      Contact for pricing
      462 SF
      Downtown Storefront Condominium
      Flexible commercial condominium with an open plan, private restroom, and updated electrical service.
      58 Central St Unit 1-2, Ipswich, MA 01938
      View Details
    • New
      $819,900
      6,480 SF
      Ipswich Retail Investment Opportunity
      Downtown Ipswich retail property with three units and income potential.
      41 S Main St, Ipswich, MA 01938
      View Details
    • New
      Contact for pricing
      Renovating Live-Work Mixed-Use Building
      Mixed-use building undergoing full renovation, featuring office/retail space, residential units, and 19 parking spaces.
      126 High St, Ipswich, MA 01938
      View Details

    Similar Nearby for Lease

    • New
      $1,500/Mo
      462 sqft
      Retail Space with Private Restroom
      Flexible commercial unit with updated electrical service and nearby public parking.
      58 Central St #1-2, Ipswich, MA 01938
      View Details
    • New
      $14 SF/Yr
      Flex Warehouse with Office Mezzanine
      Industrial warehouse with 30+ foot height, office suites on the first floor and mezzanine, and four loading docks.
      44 Mitchell Road, Ipswich, MA 01938
      View Details
    • New
      Contact for pricing
      789 sqft
      Professional Office Suite For Lease
      Professional office suite with private rooms and included utilities.
      130 County Rd #B, Ipswich, MA 01938
      View Details
    • Sponsored
      Contact for pricing
      Multiple Office Solutions at MA, Ipswich - 118 County Road. Contact us today to book a tour!
      Discover many ways to work your way in MA, Ipswich - 118 County Road
      118 County Rd, Ipswich, MA 01938
      View Details
    • New
      Contact for pricing
      789 sqft
      Professional Office Suite For Sublease
      Professional 6-room office suite available for sublease.
      130 County Road, Unit B, Ipswich, MA 01938
      View Details
    • New
      $2,000/Mo
      789 sqft
      Professional Office Suite Sublease
      Sub-lease a 6-room office suite with private bathroom and reception plus ample on-site parking.
      B-130 County Rd, Ipswich, MA 01938
      View Details
    Recent comparable sales
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