Commercial Sale at 41 S Main St, Ipswich MA 01938
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18 photos

$819,900

41 S Main St, Ipswich MA 01938
Ipswich, MA 01938
Listed by Herrick Lutts Realty Partners
Bedrooms
N/A
Bathrooms
N/A
Living area
6,480 sqft
Year built
1935

About this home

Prime downtown Ipswich retail investment opportunity. 41 South Main Street is ideally located in the heart of Ipswich, overlooking the Ipswich River and surrounded by established local businesses, restaurants, and consistent foot traffic. The property consists of three retail units, offering a strong opportunity for investors seeking a multi-tenant asset in a highly desirable location. With existing leases in place, the property provides immediate income and long-term upside potential through future rent growth and tenant positioning. Its prominent Main Street frontage, visibility, and proximity to Route 1A and the Ipswich MBTA commuter rail make this an attractive location for both tenants and investors alike.

Property details

MLS
MLS Property Information Network
MLS #
73490939
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
211
On market date
March 24, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.17 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
0.3 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 211 days -- 105 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
$5,088/mo
$163,980 down
$655,920 loan
Principal & interest$4,254
Property tax (est.)$683
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.