162 Main St, Essex MA 01929

Essex, MA 01929
$749,000
$625,000
Est. $4,172/month
1,114
Sq Ft
$561
Price/Sq Ft
0.14
Acres
1963
Year Built
352
Days on Market
For Sale Price Drop -$124,000 Listed Sep 5, 2025 • MLS# 73426703 Copied! • Updated May 23, 2026

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About this home

Exceptional commercial opportunity in the heart of Essex Village. This fully renovated property is currently configured as a bakery and coffee shop, offering a turnkey space with flexibility for a variety of commercial or mixed-use possibilities. The light-filled interior features cathedral ceilings, updated systems, seating for nine, and an efficient open layout designed for both functionality and customer experience. Significant renovations include all new plumbing and electrical, ADA-compliant improvements, mini-split systems, and new windows. A standout feature of the property is the private rear patio with beautiful marsh views — an ideal extension of the interior space. The property also includes three dedicated parking spaces and a highly desirable in-town location close to restaurants, shops, marinas, and recreation. Perfect for a bakery/cafe, coffee shop, retail shop, office, gallery, live/work concept, or possible residential conversion.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
10.1%
Price Range

Property Timeline

Price Reduced
May 19, 2026
$625,000 $70,000 (-10.07%)
From $695,000 to $625,000 (-10.1%)
🏠
Listed for Sale
Sep 5, 2025
$695,000
Original listing
Agent: Monahan Barker Team Office: LandVest, Inc., Ipswich

Tax History

Year Taxes Assessment
2026 $9,739

Financial Details

Annual Property Tax
$9,739
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1963
Living Area 1,114 sq ft
Lot Size 0.14 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $9,739
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
For Sale
Year Built
1963
Living Area
1,114 sq ft

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1963
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Manchester Essex Regional School District local
A
School Safety 2024-25
0.0% Very Low (Safest)
5.5% below state avg
E

Elementary Schools

3 schools
B+
Essex Elementary School
1.0 mi | #262 of 824 | Score: 52.0
Dropped 121 spots from last year
-6.2 below state avg
215 students Less Diverse
Grades K-05
C-
West Parish School
3.1 mi | #683 of 824 | Score: 36.5
Dropped 245 spots from last year
-21.7 below state avg
382 students Less Diverse
Grades K-05
A
Manchester Memorial Elementary School
3.5 mi | #156 of 824 | Score: 56.9
Dropped 39 spots from last year
-1.3 below state avg
304 students Less Diverse
Grades PK-05
M

Middle Schools

3 schools
A
Manchester Essex Regional Middle School
3.3 mi | #56 of 352 | Score: 55.7
Improved 44 spots from last year
-2.5 below state avg
279 students Less Diverse
Rising School
Grades 06-08
A
Miles River Middle School
3.9 mi | #63 of 352 | Score: 54.5
Dropped 37 spots from last year
-3.7 below state avg
391 students Less Diverse
Strong Attendance
Grades 06-08
Landmark School - Elementary Middle School
4.2 mi
Grades K-09
H

High Schools

3 schools
A+
Manchester Essex Regional High School
3.3 mi | #23 of 346 | Score: 73.0
Improved 10 spots from last year
+14.8 above state avg
392 students Less Diverse
19 sports • 932 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
A+
Hamilton-Wenham Regional High School
3.9 mi | #34 of 346 | Score: 69.9
Dropped 4 spots from last year
+11.7 above state avg
448 students Less Diverse
19 sports • 1,310 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
C+
Gloucester High School
5.0 mi | #212 of 346 | Score: 50.4
Improved 27 spots from last year
-7.8 below state avg
776 students Moderate
17 sports • 1,070 athletes
Rising School Career Tech Programs Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $812
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

162 Main St, Essex MA 01929

Essex, MA 01929

Listing Information

Listing Agent Monahan Barker Team
Listing Office LandVest, Inc., Ipswich
Office Phone 617-680-6895
Agent MLS ID TM345339
Office MLS ID AN4824
Listing Data Updated May 23, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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