57 East Street, Ipswich MA 01938
Ipswich, MA 01938
$975,000
$974,500
Est. $5,517/month
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About this home
OUTSTANDING OPPORTUNITY - Opportunities like this do not come to market often!! Here is your chance to own a Piece of Ipswich 1909 History as a Neighborhood Bakery/Restaurant/Convenience Store/Retail, a short distance to the Ipswich River Boat Ramp. The Second Floor is a TWO-bedroom, one-bath apartment with a large living/dining room and 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. Ipswich River Boat Launch and Park are moments away. The 342 sq. ft. Outbuilding was once used as a bait shop and now serves as extra storage. Convenient Parking, Great Visibility, and Enormous Growth Potential. Potential to convert to 100% Residential Rentals. Take-out restaurant is also for Lease.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
0.1%
Price Range
Property Timeline
Price Reduced
Jun 2, 2026
$974,500
$500
(-0.05%)
From $975,000 to $974,500 (-0.1%)
Listed for Sale
Sep 23, 2025
$975,000
Original listing
Office: eXp Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/02/2026 | ↓ Price Reduced | $974,500 | $500 | - | From $975,000 to $974,500 (-0.1%) |
| 09/23/2025 | 🏠 Listed for Sale | $975,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $4,672 | — |
Financial Details
Annual Property Tax
$4,672
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1909
Living Area
2,419 sq ft
Lot Size
0.13 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, Natural Gas Available, 220 Volts
Financial
Annual Tax
$4,672
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Buyer And Buyers Agent To Do Due Diligence. Buyer Must Apply For Liquor Liceence Transfer And Continued Use
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
1909
Living Area
2,419 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1909
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Frontage:
135.00 ft
Road Surface:
Parking & Garage
Parking Features:
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
3 schools
A-
Winthrop School
0.5 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
A
Paul F Doyon Memorial School
2.8 mi
|
#90 of 824
|
Score: 59.8
Improved 33 spots from last year
+1.6 above state avg
366 students
Moderate
Rising School
Strong Attendance
Grades PK-05
B+
Pine Grove School
3.3 mi
|
#321 of 824
|
Score: 50.1
Dropped 149 spots from last year
-8.1 below state avg
429 students
Less Diverse
Grades PK-06
Middle Schools
3 schools
A-
Ipswich Middle School
1.2 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
North Shore Montessori School, Inc.
3.8 mi
Grades 01-06
A
Miles River Middle School
3.9 mi
|
#63 of 352
|
Score: 54.5
Dropped 37 spots from last year
-3.7 below state avg
391 students
Less Diverse
Strong Attendance
Grades 06-08
High Schools
3 schools
A+
Ipswich High School
1.2 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
A+
Hamilton-Wenham Regional High School
3.9 mi
|
#34 of 346
|
Score: 69.9
Dropped 4 spots from last year
+11.7 above state avg
448 students
Less Diverse
19 sports
• 1,310 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
Pingree School
4.0 mi
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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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
$389
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
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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
Aug 23, 2026 1:00 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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