INNOVATE
Real Estate
No photos available for this listing

$950,000

47 S Main St, Ipswich MA 01938
Ipswich, MA 01938
Listed by Herrick Lutts Realty Partners
Bedrooms
N/A
Bathrooms
N/A
Living area
8,623 sqft
Year built
1950

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.

Property details

MLS #
73490923
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
149
On market date
March 24, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.17 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Winthrop
0.33 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
392
Student:teacher ratio
10.6:1
District
Ipswich
Middle
Ipswich Middle School
1 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
360
Student:teacher ratio
9.7:1
District
Ipswich
High
Ipswich High
1 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
528
Student:teacher ratio
11.0:1
District
Ipswich

Mortgage calculator

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Est. monthly payment
$5,871/mo
$190,000 down
$760,000 loan
Principal & interest$4,929
Property tax (est.)$792
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 17, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.