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162 Main St, Essex MA 01929

Essex, MA 01929
$625,000
Est. $4,172/month
1,114
Sq Ft
$561
Price/Sq Ft
0.14
Acres
1963
Year Built
263
Days on Market
Active Price Drop -$124,000 Listed Sep 5, 2025 • MLS# 73426703 Copied!

About this home

Exceptional commercial opportunity in the heart of Essex Village. This fully renovated property is currently configured as a bakery and coffee shop, offering a turnkey space with flexibility for a variety of commercial or mixed-use possibilities. The light-filled interior features cathedral ceilings, updated systems, seating for nine, and an efficient open layout designed for both functionality and customer experience. Significant renovations include all new plumbing and electrical, ADA-compliant improvements, mini-split systems, and new windows. A standout feature of the property is the private rear patio with beautiful marsh views — an ideal extension of the interior space. The property also includes three dedicated parking spaces and a highly desirable in-town location close to restaurants, shops, marinas, and recreation. Perfect for a bakery/cafe, coffee shop, retail shop, office, gallery, live/work concept, or possible residential conversion.

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Property Overview

Listing Type
Commercial Sale
Year Built
1963
Living Area
1,114 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1963
Living Area 1,114 sq ft
Lot Size 0.14 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 $9,739

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1963
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 Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

162 Main St, Essex MA 01929

Essex, MA 01929

Walkability

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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 $812
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
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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.

Property History

Market Insights

1
Price Changes
24.5%
Price Range
1
Previous Sales

Property Timeline

Price Reduced
May 19, 2026
$625,000 $70,000 (-10.07%)
From $695,000 to $625,000 (-10.1%)
🏠
Listed for Sale
Sep 5, 2025
$695,000
Original listing
Agent: Monahan Barker Team Office: LandVest, Inc., Ipswich
Previous Transaction - MLS #73003622
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 2, 2022
$525,000
MLS #73003622

Price & Status History

Date Event Price Change
May 25, 2026 Sold $625,000
May 19, 2026 Price Changed $625,000 -$70,000
Sep 5, 2025 New Listing Added $695,000
Aug 2, 2022 Sold $525,000

Market Statistics

Days on Market
263 days
Price per Sq Ft
$561
Total Price Drop
-$124,000

Tax History

Year Taxes Assessment
2026 $9,739

Financial Details

Annual Property Tax
$9,739
Tax Year 2026

Listing Information

Listing Agent Monahan Barker Team
Listing Office LandVest, Inc., Ipswich
Agent MLS ID TM345339
Office MLS ID AN4824
Listing Data Updated May 23, 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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