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$950,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Downtown Ipswich mixed-use opportunity. 47 South Main Street is ideally located in the heart of Ipswich overlooking the Ipswich River and surrounded by shops, restaurants, and strong foot traffic. The property, built in 1950, features a large ground-level retail space with four offices above, offering flexibility for both investors and owner-users. Currently leased, the property provides immediate income with future upside potential. Ideal for an owner-occupant seeking a prominent retail location with additional rental income, or an investor looking for a well-located asset in a high-demand market. Convenient access to Route 1A and the Ipswich MBTA commuter rail.

Full Property Details for 47 S Main St

General

  • Price: $950,000
  • Taxes: $9,895 (2025)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73490923
  • Updated: 3/24/2026
  • Added to Site: 1 day(s) ago

Location

  • County: Essex

Structural Information

  • Square Feet: 8,623
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.17

Financial Considerations

  • Tax Amount: $9,895
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Property is located in a flood zone; buyer to perform due diligence.
  • Property ID: M:42A B:0172 L:0, 1956601

Listed by Herrick Lutts Realty Partners, Herrick Lutts Realty Partners and Paul Herrick

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Listing agents

— 47 S Main St —

  • Herrick Lutts Realty Partners

    Herrick Lutts Realty Partners

  • Paul Herrick

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 47 S Main St

School District:Ipswich School District
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 47 S Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/24/2026
Listed
$950,000
414.21%
MLS
5/06/1987
Sold
$184,750
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 47 S Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,895
2%
$887,400
4%
2024
$9,703
1%
$852,600
9%
2023
$9,560
-5%
$781,700
—
2022
$10,053
5%
$781,700
7%
2021
$9,620
1%
$727,700
7%
2020
$9,564
16%
$682,200
17%
2019
$8,231
-1%
$584,200
—
2018
$8,319
—
$584,200
—
2017
$8,290
1%
$584,200
6%
2016
$8,193
31%
$551,700
19%
2015
$6,250
1%
$462,600
—
2014
$6,213
—
$462,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Herrick Lutts Realty Partners, Herrick Lutts Realty Partners and Paul Herrick

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Recent Sales near 47 S Main St

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47 S Main St, Ipswich, MA 01938 (MLS# 73490923) is a Commercial property. 47 S Main St is currently listed for $950,000 and was received on March 24, 2026. Want to learn more about 47 S Main St? Do you have questions about finding other Commercial real estate for sale in North Lawrence? You can browse all North Lawrence real estate or contact a Coldwell Banker agent to request more information.

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