Commercial Sale at 57 East Street, Ipswich MA 01938
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28 photos

$974,500

57 East Street, Ipswich MA 01938
Ipswich, MA 01938
Listed by The North Shore Realty Group
Bedrooms
N/A
Bathrooms
N/A
Living area
2,419 sqft
Year built
1909

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 Boat Ramp. The Second Floor is a TWO-bedroom, one-bath apartment with a large living/dining room and 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. Outbuilding was once used as a bait shop and now serves as extra storage. Convenient Parking, Great Visibility, and Enormous Growth Potential. Potential to convert to 100% Residential Rentals. Take-out restaurant is also for Lease.

Property details

MLS
MLS Property Information Network
MLS #
73434444
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
393
On market date
September 23, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.13 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
0.55 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
1.18 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
1.18 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).

45
Somewhat walkable
out of 100
EPA National Walkability Index
4.3 / 20 -- Least walkable
Google Places amenity density
80 / 100
Restaurants & cafes20
Grocery stores2
Parks12
Schools5
Transit stops3
Pharmacies0

Market position

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

On the market 393 days -- 287 more 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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Est. monthly payment
$6,019/mo
$194,900 down
$779,600 loan
Principal & interest$5,056
Property tax (est.)$812
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 29, 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.