Commercial Sale at 47 Water St, Newburyport MA 01950, Newburyport
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20 photos

$2,800,000

47 Water St, Newburyport MA 01950
Newburyport, MA 01950
Listed by Lynne Hendricks
Bedrooms
N/A
Bathrooms
N/A
Living area
3,320 sqft
Year built
1970

About this home

Welcome to 45 & 47 Water Street, a Waterfront Landmark and Legacy Investment w/200+ years of successful enterprise, that are being offered for sale for the first time in 40 years! These are individual properties being sold together, representing a rare opportunity to put down roots in one New England's most sought-after coastal enclaves. Featured in magazines & destination media for its charming & walkable downtown with exceptional dining, cafés, culture & overall charm, Newburyport has exploded as a bucket-list hometown across all demographics, & these 2 premier offerings stand in the heart of it all. The 1822 Clock Tower Building at 45 Water Street commands the harbor with its stately brick façade & distinctive period architecture. Beside it, 47 Water Street-a 1970 warehouse extending toward the Clipper City Rail Trail-adds scale, flexibility & an unusually expansive downtown footprint. From the 4th-floor balcony (45 Water) Newburyport’s working waterfront unfolds before you. Luxury yachts fill the marina directly below; with the Custom House, Harbormaster’s office & Waterfront Park all in your sights. Here is a panorama so sweeping, you can watch a sailboat slipping beneath the Gillis bridge’s swing span, and follow it all the way through the picturesque harbor to Plum Island - a breathtaking view from the top 2 floors found nowhere else in the city. The 2 buildings ideally are being sold together, with 45 Water Street boasting approximately 9,300 sq. ft. of finished space, character-rich interiors, exceptional visibility & on-site parking. Envision a signature waterfront headquarters; a legacy investment with an attractive balance sheet, or a mixed-use destination pairing luxury residences-and perhaps penthouses above-with a café, restaurant or vibrant commercial use below. Built after the Great Fire of 1811 & constructed for permanence during Newburyport’s maritime prosperity, it housed Sumner, Swasey & Currier, prominent merchants who connected this harbor with foreign ports bringing goods to supply a growing nation. Generations later, Bennett & Company made it the flagship headquarters of an intl. apparel design & manufacturing business grounded in principles of mindfulness, respect and workforce wellbeing. With 2 complementary buildings, panoramic harbor views, parking, income potential & an irreplaceable setting, this is more than a real estate acquisition. The 2 buildings are being sold together for a total sales price of $8million.

Property details

MLS #
73580414
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
3
On market date
September 21, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.36 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
River Valley Charter School
1.06 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
288
Student:teacher ratio
13.1:1
District
River Valley Charter (District)
Middle
Rupert A Nock Middle
1.06 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
480
Student:teacher ratio
9.6:1
District
Newburyport
High
Newburyport High
1.01 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
784
Student:teacher ratio
11.7:1
District
Newburyport

Walkability

Blended score for Newburyport's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

93
Highly walkable
out of 100
EPA National Walkability Index
18.3 / 20 -- Most walkable
Nearby-amenity density
95 / 100
Restaurants & cafes20
Grocery stores5
Parks13
Schools13
Transit stops14
Pharmacies1

Mortgage calculator

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Est. monthly payment
$17,012/mo
$560,000 down
$2,240,000 loan
Principal & interest$14,529
Property tax (est.)$2,333
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 3 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.