Market StIpswich, MA 01938

Property Details for Market St

Year built

1847

Lot size

0.55 AC

Property type

Commercial real estate

Description

This exceptional 0.55-acre lot in downtown Ipswich, MA, presents a truly remarkable investment opportunity. All necessary approvals are in place for the development of a five-unit condominium complex, eliminating lengthy permitting delays and streamlining the development process. The property's prime location, just steps from the Ipswich train station, offers unparalleled convenience for commuters seeking easy access to Boston and surrounding areas. Residents will enjoy the vibrant downtown atmosphere, with its diverse selection of restaurants and shops within walking distance. The renowned Crane Beach is also easily accessible, providing residents with a beautiful coastal escape. Ipswich itself is a highly desirable community, known for its strong sense of community and excellent amenities. This shovel-ready project represents a unique chance to capitalize on the growing demand for housing in this sought-after location. The 0.55-acre lot provides ample space for the planned five-unit condominium complex, ensuring comfortable living spaces for residents. This is an exceptional opportunity for developers and investors seeking a streamlined, high-return project in a thriving New England town. The asking price is $999,000. Don't miss this chance to secure a prime development site in the heart of Ipswich.

Location Insight

City

Ipswich

County

Essex

State

Massachusetts

Latitude

42.6799

Longitude

-70.8377

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