41 S Main St - Storefront Retail/Office FOR SALE


Ipswich, MA 01938
$835,000 USD
978-968-0308
41 S Main St, Ipswich, MA for Sale
$835,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | 5.99% Cap Rate

41 S Main St
Ipswich, MA 01938


HIGHLIGHTS

  • Prime downtown Ipswich location with strong foot traffic
  • Multi-tenant retail asset (3 units)
  • Immediate, stable income with long-term upside potential

OVERVIEW

Prime downtown Ipswich retail investment opportunity. 41 South Main Street is ideally located in the heart of Ipswich, overlooking the Ipswich River and surrounded by established local businesses, restaurants, and consistent foot traffic. The property consists of three retail units, offering a strong opportunity for investors seeking a multi-tenant asset in a highly desirable location. With existing leases in place, the property provides immediate income and long-term upside potential through future rent growth and tenant positioning. Its prominent Main Street frontage, visibility, and proximity to Route 1A and the Ipswich MBTA commuter rail make this an attractive location for both tenants and investors alike.

FOR SALE DETAILS

PRICE

$835,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

5.99%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,260 SF

ZONING

CB

APN/PARCEL ID

IPSW-000042A-000173

ASK ABOUT THIS PROPERTY

Nick ZolotasHerrick Lutts Realty PartnersMore Info
978-968-0308

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Nick ZolotasHerrick Lutts Realty PartnersMore Info
978-968-0308

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.