414 Boston St, Topsfield MA 01983

Topsfield, MA 01983
$1,400,000
Est. $8,263/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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5,053
Sq Ft
$277
Price/Sq Ft
0.70
Acres
1979
Year Built
10 hours 44 minutes
Time on Market
For Sale Listed Sep 27, 2026 • MLS# 73583055 Copied! • Updated Sep 27, 2026

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About this home

RARE MIXED-USE OPPORTUNITY ON ROUTE 1 IN TOPSFIELD! Be your own boss, generate rental income, and potentially live on-site at this versatile property located in the Business Park District with outstanding Route 1 frontage, visibility and signage. The property offers multiple income-producing components, including a free-standing Italian/pizza restaurant plus flexible residential and commercial space. The property is subdivided and separately metered for up to four individual tenant spaces, creating tremendous flexibility for an owner-user, investor, restaurateur or entrepreneur. The restaurant offers an established layout with spacious dining areas, customer service/counter space, commercial kitchen and prep areas, refrigeration, stainless-steel equipment and a wood-fired pizza oven. Take advantage of the existing restaurant infrastructure and create your own Italian restaurant, pizzeria, café or other concept. An outdoor seating area provides additional possibilities. Beyond the restaurant, the property can accommodate two residential apartments, or one residential apartment plus an office/commercial retail space, providing flexibility to tailor the property to your business and investment strategy. Operate your business while collecting rental income, potentially live on-site, utilize the additional space for your own office or retail operation, or explore other configurations permitted by zoning. Situated on approximately 0.70 acres with approximately 467 feet of frontage, the property offers substantial on-site parking with approximately 50 spaces and excellent exposure along heavily traveled Route 1. Improvements include newer gas-fired rooftop HVAC units, rubber roofing, natural gas and public water. The combination of restaurant space, flexible residential/commercial units, parking, visibility and existing infrastructure makes this a unique opportunity for investors and owner-operators alike. Bring your business, your investment strategy and your vision. Work here, invest here and potentially live here—the opportunities are endless at 414 Boston Street!

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 27, 2026
$1,400,000
Original listing
Agent: Matthew Kelly Office: Keller Williams Elite

Tax History

Year Taxes Assessment
2025 $11,806 —

Financial Details

Annual Property Tax
$11,806
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1979
Living Area 5,053 sq ft
Lot Size 0.70 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Natural Gas Available

Financial

Annual Tax $11,806
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Price Includes Real Estate, Pizza Shop, Apartments And Flex Space!
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
For Sale
Year Built
1979
Living Area
5,053 sq ft

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
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Construction & Materials

Year Built: 1979
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
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Exterior & Lot

Exterior Features:
Patio & Porch:
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Lot Features:
Road Frontage: 476.00 ft
Road Surface:

Parking & Garage

Parking Features:
School District
Masconomet School District local
✓ School Safety 2024-25
0.6% Low
0.6% Suspensions 1.0% In-School
↓ 4.9% below state avg
E

Elementary Schools

3 schools
A
Steward Elementary School
0.9 mi | #129 of 825 | Score: 57.6
Improved 216 spots from last year
-0.6 below state avg
324 students Less Diverse
Rising School Strong Attendance
Grades PK-03
B+
Proctor Elementary School
1.5 mi | #283 of 825 | Score: 51.2
Improved 70 spots from last year
-7 below state avg
251 students Less Diverse
Rising School Strong Attendance
Grades 04-06
Clark School
2.8 mi
Grades PK-12
M

Middle Schools

3 schools
A-
Masconomet Regional Middle School
3.0 mi | #90 of 352 | Score: 50.7
Dropped 8 spots from last year
-7.5 below state avg
552 students Less Diverse
Strong Attendance
Grades 07-08
A-
Ipswich Middle School
4.7 mi | #98 of 352 | Score: 49.8
Improved 3 spots from last year
-8.4 below state avg
350 students Moderate
Strong Attendance
Grades 06-08
North Shore Montessori School, Inc.
4.8 mi
Grades 01-06
H

High Schools

3 schools
Pingree School
2.8 mi
Grades 09-12
A
Masconomet Regional High School
3.0 mi | #58 of 346 | Score: 66.2
Improved 81 spots from last year
+8 above state avg
945 students Less Diverse
19 sports • 1,888 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 09-12
A+
Ipswich High School
4.7 mi | #35 of 346 | Score: 70.1
Improved 27 spots from last year
+11.9 above state avg
432 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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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $984
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

414 Boston St, Topsfield MA 01983

Topsfield, MA 01983

Listing Information

Listing Agent Matthew Kelly
Listing Office Keller Williams Elite
Office Phone 508-528-1000
Agent MLS ID BB980766
Office MLS ID AN7871
Listing Data Updated Sep 27, 2026 1:02 PM EDT
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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