57 East Street, Ipswich MA 01938
Ipswich, MA 01938
$975,000
$974,750
Est. $5,644/month
About this home
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. 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 previously a bait shop and is now used for additional storage. Convenient Parking, Great Visibility, and Enormous Growth Potential. Potential to convert to 100% Residential Rentals.** TAKE-OUT RESTAURANT FOR LEASE AS WELL **
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Property History
Market Insights
1
Price Changes
0%
Price Range
Property Timeline
Price Reduced
Jun 2, 2026
$974,750
$250
(-0.03%)
From $975,000 to $974,750 (-0.0%)
Listed for Sale
Dec 6, 2025
$975,000
Original listing
Agent: The North Shore Realty Group
Office: eXp Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/02/2026 | ↓ Price Reduced | $974,750 | $250 | - | From $975,000 to $974,750 (-0.0%) |
| 12/06/2025 | 🏠 Listed for Sale | $975,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,178 | $554,100 |
Financial Details
Annual Property Tax
$6,178
Tax Year 2025
Assessed Value
$554,100
Facts & Features
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
1909
Living Area
2,419 sq ft
Lot Size
0.13 acres
Bedrooms
2
Full Baths
1
Half Baths
1
Total Rooms
8
Interior
Heating
Baseboard
Cooling
Window Unit(s)
Flooring
None
Appliances
Gas Water Heater
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street
Total Spaces
14
Utilities
Electric
220 Volts, Circuit Breakers, 200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$6,178
Assessed Value
$554,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Buyer And Buyers Agent To Do Due Diligence. Buyer Must Apply For Liquor License. Please Do Not Speak To Employees/tenant About The Building For Sale Buyer And Buyers Agent To Do Due Diligence. ** Take-out Restaurant For Lease As Well **
Exclusions
Recipes, Recipe Book.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Living Area includes the First Floor Retail Store/Bakery
Documents
None
County
Essex
Total market time (incl. prior listings)
236 days
Property Overview
Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1909
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
2,419 sq ft
Total Rooms
8
Levels
Multi/Split
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,419 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Gas Water Heater
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1909
Structure Type:
Exterior Materials:
Roof:
Foundation:
Slab
Heating, Cooling & Utilities
Heating:
Baseboard
Heating Zones:
2
Cooling:
Window Unit(s)
Cooling Zones:
2
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
14
Parking Features:
Paved Drive, Off Street
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$515
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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
57 East Street, Ipswich MA 01938
Ipswich, MA 01938
Listing Information
Listing Agent
The North Shore Realty Group
Listing Office
eXp Realty LLC
Office Phone
888-854-7493
Agent MLS ID
TM309913
Office MLS ID
AN8613
Listing Data Updated
Jul 30, 2026 1:33 PM 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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