59 Turnpike Rd, Ipswich MA 01938

Ipswich, MA 01938
$1,900,000
Est. $10,113/month
17.00
Acres
Commercial
Type
536
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73217274

About this home

Rare opportunity to own and develop this 17+ acre parcel with over 975 ft of frontage on Route 1 in Ipswich. Zoned Limited Industrial, this site has been surveyed and plans previously approved by the Town of Ipswich for 2, 20,000 sq. ft. warehouse buildings with 86 parking spaces but could be re-imagined for storage, sports complex, restaurant and many other uses--see attached zoning table for allowable uses. Potential for two curb cuts (one already existing). Land has been cleared and some drainage areas have been excavated. Call today for more information.

Sale Statistics

Sale Overview
Original List Price: $2,595,000
Final Sale Price: $1,900,000
Difference: $695,000 (-26.8%)
Performance Metrics
73.2%
List to Sale Ratio
Sold below asking price
536
Days on Market
Extended listing
Sale Summary

This property sold for 26.8% below the original asking price.

At 536 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
Commercial
Property Category
Land

Interior Features

Exterior & Structure

Waterfront Features
Ocean
Waterfront Property
No

Lot & Land

Lot Size
17.00 acres
Lot Size
740,520 sq ft
Lot Size Area
17.0000
Lot Features
Easements, Wetlands, Cleared
Road Frontage Type
Public, Highway

Parking & Garage

Utilities & Systems

Water Source
At Street
Sewer
Private Sewer
Electric
At Street
Gas
Nearby

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Conservation Area, Highway Access, House of Worship, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$11,565
Tax Year
2024
Tax Assessed Value
$1,013,600
Parcel Number
M:27C B:0031 L:0,1954218
Zoning
LI

Additional Details

Location

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Neighborhood

59 Turnpike Rd, Ipswich MA 01938

Ipswich, MA 01938

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $964
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Mar 28, 2024
$1,999,999
Original listing

Price & Status History

Date Event Price Change
Mar 28, 2024 New Listing Added $1,999,999 —

Market Statistics

Days on Market
536 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2024 $11,565 $1,013,600

Financial Details

Annual Property Tax
$11,565
Tax Year 2024
Assessed Value
$1,013,600

Listing Information

Listing Agent Alexandra Cutler
Listing Office J. Barrett & Company
Agent MLS ID C8001315
Office MLS ID C95245

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59 Turnpike Rd, Ipswich MA 01938 - Photo 1 59 Turnpike Rd, Ipswich MA 01938 - Photo 2 59 Turnpike Rd, Ipswich MA 01938 - Photo 3 59 Turnpike Rd, Ipswich MA 01938 - Photo 4 59 Turnpike Rd, Ipswich MA 01938 - Photo 5 59 Turnpike Rd, Ipswich MA 01938 - Photo 6 59 Turnpike Rd, Ipswich MA 01938 - Photo 7

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