Commercial Sale at 33-37 S. Main St, Ipswich MA 01938
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36 photos

$575,000

33-37 S. Main St, Ipswich MA 01938
Ipswich, MA 01938
Listed by Vincent Forzese
Bedrooms
N/A
Bathrooms
N/A
Living area
2,125 sqft
Year built
1900

About this home

Rare opportunity to own a mixed-use property in the heart of historic downtown Ipswich! Located along the Ipswich River, 37 South Main Street offers approximately 2125 SF of flexible commercial and residential space in a highly visible village-center location. The first floor features two commercial spaces totaling approximately 1233 SF, providing options for retail, office, studio or service-oriented uses, while the second floor offers a 2 to 3 bedroom residential apartment of approximately 892 SF. Ideal for an investor, owner-occupant or entrepreneur looking to operate a business while generating additional rental income. Known historically as the former Baker’s Store and dating back to the early 1800s, this distinctive property is part of Ipswich's rich downtown history and features classic storefront character along South Main Street. The rear of the property overlooks the Ipswich River, offering a setting rarely found with downtown mixed-use buildings. Conveniently located close to the commuter rail, Riverwalk, shops, restaurants, parks and everything downtown Ipswich has to offer. With Central Business zoning, established mixed-use configuration and tremendous potential for improvement, this is a unique opportunity to reposition a historic downtown property, establish your own business location, or add a versatile income-producing asset to your portfolio. Buyer to perform due diligence regarding permitted uses, zoning and future improvements.

Property details

MLS
MLS Property Information Network
MLS #
73572853
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
43
On market date
September 8, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.04 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Winthrop
0.29 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
0.98 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
0.98 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

Walkability

Blended score for Ipswich's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

21
Car-dependent
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable
Google Places amenity density
8 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops1
Pharmacies0

Market position

How this listing compares to current activity in Ipswich, from live MLS data.

On the market 43 days -- 63 fewer days than Ipswich's current average of 106 days.
For reference, the median list price across 106 active listings in Ipswich right now is $749,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$3,613/mo
$115,000 down
$460,000 loan
Principal & interest$2,984
Property tax (est.)$479
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 12 days ago.

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.