41 S Main St, Ipswich MA 01938

Ipswich, MA 01938

$835,000

Est. $4,956/month

6,480

Sq Ft

$129

Price/Sq Ft

0.17

Acres

1935

Year Built

11 hours 36 minutes

Time on Market

Active Listed Mar 24, 2026 • MLS# 73490939 Copied!

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.

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Property Overview

Listing Type

Commercial Sale

Year Built

1935

Living Area

6,480 sq ft

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1935

Living Area 6,480 sq ft

Lot Size 0.17 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other Public Water, Public Sewer

Financial

Annual Tax $6,400

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1935

Structure Type:

Exterior Materials:

Roof:

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

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Sewer:

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

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Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

41 S Main St, Ipswich MA 01938

Ipswich, MA 01938

Walkability

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Nearby Schools

School District

Ipswich School District local

A-

✓ School Safety 2024-25

0.9% Low

0.9% Suspensions 0.8% In-School

↓ 4.6% below state avg

Elementary Schools

1 school

A-

Winthrop School

0.2 mi | #197 of 824 | Score: 55.2

Dropped 158 spots from last year

-3.1 below state avg

373 students Moderate

Strong Attendance

Grades PK-05

Middle Schools

1 school

A-

Ipswich Middle School

1.0 mi | #93 of 352 | Score: 50.4

Improved 8 spots from last year

-7.8 below state avg

377 students Moderate

Strong Attendance

Grades 06-08

High Schools

1 school

A+

Ipswich High School

1.0 mi | #36 of 346 | Score: 69.6

Improved 26 spots from last year

+11.4 above state avg

447 students Moderate

19 sports • 1,184 athletes

Strong AP Program High Graduation Rate Rising School College Ready Curriculum

Grades 09-12

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Property Tax $533

Homeowners Insurance $200

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Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

Mar 24, 2026

$835,000

Original listing

Agent: Herrick Lutts Realty Partners Office: Herrick Lutts Realty Partners

Date	Event	Price	Change	$/sqft	Details
03/24/2026	🏠 Listed for Sale	$835,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Mar 24, 2026	New Listing Added	$835,000	—

Market Statistics

Time on Market

11 hours 36 minutes

Price per Sq Ft

$129

Tax History

Year	Taxes	Assessment
2025	$6,400	—

Financial Details

Annual Property Tax

$6,400

Tax Year 2025

Listing Information

Listing Agent Herrick Lutts Realty Partners

Listing Office Herrick Lutts Realty Partners

Agent MLS ID TM312527

Office MLS ID AN6507

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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41 S Main St, Ipswich MA 01938

About this home

Property Overview

Facts & Features

Home Facts

Interior

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Parking

Utilities

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Interior Features

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Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

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