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57 East Street, Ipswich MA 01938

Ipswich, MA 01938
$975,000
$974,750
Est. $5,644/month
2
Beds
1.5
Baths
2,419
Sq Ft
$403
Price/Sq Ft
0.13
Acres
1909
Year Built
14
Parking
215
Days on Market
Active Price Drop -$250 Listed Dec 6, 2025 • MLS# 73460420 Copied! • Updated Jun 6, 2026

About this home

Opportunities like this do not come to market often. Here is your chance to own a Piece of Ipswich 1909 History -Continued Use as a Neighborhood Bakery/Restaurant/Convenience Store/Retail - a short distance to the Ipswich River. The Second Floor is a two-bedroom, One-Bath, large Living Room/Dining Room Apartment with 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, Equipment Sold Separately. Ipswich River Boat Launch and Park are moments away. The 342 sq. ft. Out-Building was previously a bait shop and is now used for additional storage. Convenient Parking, Great Visibility, and Enormous Growth Potential. Potential to convert to 100% Residential Rentals.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
0%
Price Range

Property Timeline

Price Reduced
Jun 2, 2026
$974,750 $250 (-0.03%)
From $975,000 to $974,750 (-0.0%)
🏠
Listed for Sale
Dec 6, 2025
$975,000
Original listing
Agent: The North Shore Realty Group Office: eXp Realty

Tax History

Year Taxes Assessment
2025 $6,178 $554,100

Financial Details

Annual Property Tax
$6,178
Tax Year 2025
Assessed Value
$554,100

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1909
Living Area 2,419 sq ft
Lot Size 0.13 acres
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 8

Interior

Heating Baseboard
Cooling Window Unit(s)
Flooring None
Appliances Gas Water Heater
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
Features Paved Drive, Off Street
Total Spaces 14
Electric 220 Volts, Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $6,178
Assessed Value $554,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Buyer And Buyers Agent To Do Due Diligence. Buyer Must Apply For Liquor License. Please Do Not Speak To Employees/tenant About The Building For Sale Buyer And Buyers Agent To Do Due Diligence. Restaurant Equipment To Be Sold Separately.
Exclusions Recipes, Recipe Book.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures Living Area includes the First Floor Retail Store/Bakery
Documents None
County Essex
Total market time (incl. prior listings) 182 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1909
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
2,419 sq ft
Total Rooms
8
Levels
Multi/Split

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances: Gas Water Heater
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1909
Structure Type:
Exterior Materials:
Roof:
Foundation: Slab

Heating, Cooling & Utilities

Heating: Baseboard
Heating Zones: 2
Cooling: Window Unit(s)
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 14
Parking Features: Paved Drive, Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $515
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

57 East Street, Ipswich MA 01938

Ipswich, MA 01938

Listing Information

Listing Agent The North Shore Realty Group
Listing Office eXp Realty LLC
Office Phone 888-854-7493
Agent MLS ID TM309913
Office MLS ID AN8613
Listing Data Updated Jun 6, 2026 3:05 AM 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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