57 East Street Ipswich — Photo 1 of 16
Recent Drop: $250
$974,750
57 East Street, Ipswich, MA 01938
Ipswich, MA 01938
Beds
2
Baths
1.5
SqFt
2,419
Style
Single Family
Built
1909
OUTSTANDING OPPORTUNITY: Opportunities like this rarely come to market. Here is your chance to own a Piece of Ipswich 1909 history- 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. 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.** TAKE-OUT RESTAURANT FOR LEASE AS WELL **
Key facts
It was listed on December 6, 2025. The price has come down from an original $975,000 to $974,750, most recently on June 2, 2026. The annual property taxes are $4,672 (2026 tax year). It sits on a 0.13-acre (5,800 sq ft) lot.
Market Value Analysis
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Ipswich, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area
Geography
Property History
$974,750
Was $975,000
Jun 2, 2026
MLS® 73460420
$975,000
Dec 6, 2025
MLS® 73460420
Questions about this home
When was 57 East Street, Ipswich listed?
57 East Street, Ipswich was listed on December 6, 2025.
Has the price of 57 East Street, Ipswich changed?
The price has come down from an original $975,000 to $974,750, most recently on June 2, 2026.
What are the property taxes for 57 East Street, Ipswich?
The annual property taxes for 57 East Street, Ipswich are $4,672 (2026 tax year).
How big is the lot at 57 East Street, Ipswich?
57 East Street, Ipswich sits on a 0.13-acre (5,800 sq ft) lot.
What is the status of 57 East Street, Ipswich?
57 East Street, Ipswich is actively listed for sale.
Population
13,930
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$139K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
25.6%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,419 sq ft principal dwelling). Lot size: 5,800 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Agent: The North Shore Realty Group
Listing Office: eXp Realty LLC
MLS® Number: 73460420
