47 S Main St, Ipswich MA 01938

Ipswich, MA 01938

$950,000

Est. $5,828/month

8,623

Sq Ft

$110

Price/Sq Ft

0.17

Acres

1950

Year Built

13 hours 1 minute

Time on Market

Active Listed Mar 24, 2026 • MLS# 73490923 Copied!

About this home

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.

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Property Overview

Listing Type

Commercial Sale

Year Built

1950

Living Area

8,623 sq ft

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1950

Living Area 8,623 sq ft

Lot Size 0.17 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other Public Water, Public Sewer

Financial

Annual Tax $9,895

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1950

Structure Type:

Exterior Materials:

Roof:

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source:

Sewer:

Parking & Garage

Parking Features:

Location

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Neighborhood

47 S Main St, Ipswich MA 01938

Ipswich, MA 01938

Walkability

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Nearby Schools

School District

Ipswich School District local

A-

✓ School Safety 2024-25

0.9% Low

0.9% Suspensions 0.8% In-School

↓ 4.6% below state avg

Elementary Schools

2 schools

A-

Winthrop School

0.3 mi | #197 of 824 | Score: 55.2

Dropped 158 spots from last year

-3.1 below state avg

373 students Moderate

Strong Attendance

Grades PK-05

Paul F Doyon Memorial School

2.4 mi | #90 of 824 | Score: 59.8

Improved 33 spots from last year

+1.6 above state avg

366 students Moderate

Rising School Strong Attendance

Grades PK-05

Middle Schools

1 school

A-

Ipswich Middle School

1.0 mi | #93 of 352 | Score: 50.4

Improved 8 spots from last year

-7.8 below state avg

377 students Moderate

Strong Attendance

Grades 06-08

High Schools

1 school

A+

Ipswich High School

1.0 mi | #36 of 346 | Score: 69.6

Improved 26 spots from last year

+11.4 above state avg

447 students Moderate

19 sports • 1,184 athletes

Strong AP Program High Graduation Rate Rising School College Ready Curriculum

Grades 09-12

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Property Tax $825

Homeowners Insurance $200

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Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

Mar 24, 2026

$950,000

Original listing

Agent: Herrick Lutts Realty Partners Office: Herrick Lutts Realty Partners

Date	Event	Price	Change	$/sqft	Details
03/24/2026	🏠 Listed for Sale	$950,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Mar 24, 2026	New Listing Added	$950,000	—

Market Statistics

Time on Market

13 hours 1 minute

Price per Sq Ft

$110

Tax History

Year	Taxes	Assessment
2025	$9,895	—

Financial Details

Annual Property Tax

$9,895

Tax Year 2025

Listing Information

Listing Agent Herrick Lutts Realty Partners

Listing Office Herrick Lutts Realty Partners

Agent MLS ID TM312527

Office MLS ID AN6507

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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47 S Main St, Ipswich MA 01938

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Parking & Garage

Location

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Nearby Schools

Elementary Schools

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High Schools

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Listed for Sale

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