Prime downtown Ipswich retail investment opportunity. 41 South Main Street is ideally located in the heart of Ipswich, overlooking the Ipswich River and surrounded by established local businesses, restaurants, and consistent foot traffic. The property consists of three retail units, offering a strong opportunity for investors seeking a multi-tenant asset in a highly desirable location. With existing leases in place, the property provides immediate income and long-term upside potential through future rent growth and tenant positioning. Its prominent Main Street frontage, visibility, and proximity to Route 1A and the Ipswich MBTA commuter rail make this an attractive location for both tenants and investors alike.
Downtown Ipswich mixed-use opportunity. 47 South Main Street is ideally located in the heart of Ipswich overlooking the Ipswich River and surrounded by shops, restaurants, and strong foot traffic. The property, built in 1950, features a large ground-level retail space with four offices above, offering flexibility for both investors and owner-users. Currently leased, the property provides immediate income with future upside potential. Ideal for an owner-occupant seeking a prominent retail location with additional rental income, or an investor looking for a well-located asset in a high-demand market. Convenient access to Route 1A and the Ipswich MBTA commuter rail.
Unit 6 is located in the Ipswich Dairy Condominium Association with convenient access to State Route 133 near the Ipswich Essex line. The Unit consists of 2 garage bays, open work / warehouse space and office with modern overhead LED lighting. Access is through two newer electric opening overhead doors and one passthrough man door. The Unit is fresh and clean with original Unit Plan interior walls removed with the office space exception and can accomodate a variety of trades; contractor, electrician, mechanical services, light manufacturing, office or a personal workshop / warehouse / art studio, etc. An additional 827 sq. ft. of space can be acquired with the purchase of common wall Unit 5.
Opportunities like this do not come on the Market often!! Here is your chance to own a Piece of Ipswich 1909 History -Continued Use as a Neighborhood Bakery/Restaurant/Convenience Store/Retail Package Store - Wine and Malt beverages - a short distance to the Ipswich River. 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, completely set up 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.
Ipswich is located in Massachusetts. Ipswich, Massachusetts has a population of 13,740. Ipswich is more family-centric than the surrounding county with 32.29% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Ipswich, Massachusetts is $111,701. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Ipswich is 48.5 years.
The average high temperature in July is 80.7 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 48.5 inches per year, with 52.1 inches of snow per year.
