57 East St - Specialty FOR SALE


Ipswich, MA 01938
$975,000 USD
57 East St, Ipswich, MA for Sale
$975,000 USD
Specialty - FOR SALE
1/25
null | Request Cap Rate

57 East St
Ipswich, MA 01938


HIGHLIGHTS

  • Short distance to the Ipswich River, Ipswich Beaches and Downtown Ipswich

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$467 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Multi-Use Strong Development Potential

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,800 SF

ZONING

IR

APN/PARCEL ID

IPSW-000031D-000005

ASK ABOUT THIS PROPERTY

Frank BertolinoThe North Shore Realty GroupMore Info

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Frank BertolinoThe North Shore Realty GroupMore Info

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