71 Turnpike RoadIpswich, MA 01938MLS Number 72277105

  • Price: $6,500,000
  • 77 Days on Market
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Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 6.19Acreage
  • 1987Year Built
  • 31500Square Feet
  • 71-79Street No

Driving Directions

Don't miss out on this investors dream!!! 18 Unit Strip Plaza that comprised of a 3 buildings forming a U shape sitting on 3.7 Acres of Land, located on busy RT1 (Turnpike Rd) with a traffic count of 15,000/day. This sale also includes an abutting 2.5 acre lot with a mixed use zoning!!! The NOI is a whopping $434,204/Year, plus an option to build out mixed use buildings up to 35' height which will give you an incredible build out potential you won't want to miss.

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Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Basic Information

  • List Price$6,500,000
  • StatusACT
  • Year Built SourcePublic Record
  • Year Built1987
  • LeaseNo
  • Date Listed02/02/2018
  • DirectionRT95 to Route 1 towards Ipswich, RT1 in Ipswich is Turnpike Road
  • MLS Number72277105
  • Status Date2018-02-02T13:16:00

Auction

  • Special FinancingNo

Photos

  • Photo Date2018-02-02T13:16:00
  • Number of Photos12

Other

  • Modification Date2018-04-05T08:02:00
  • Property TypeCommercial
  • Listing AlertNo
  • DisclosureNo
  • DisclosuresFront portion of the additional parcel is located on conservation. Buyer is responsible for their own due diligence for what size and type of building can be built on lot.
  • Book14382
  • Listing AgreementExclusive Right to Sell
  • Maf Bldg Sf1500
  • Waf Bldg Sf2400
  • Off Bldg Sf4200
  • Rsf Bldg Sf1200
  • Prop TypeCI
  • Ref Bldg Sf22200
  • ExchangeNo
  • Page89
  • View Count11

Location

  • Street No71-79
  • Building Number71
  • StreetTurnpike Road
  • Zip01938
  • StateMA
  • CountyEssex
  • LocationShopping Mall, Strip
  • TownIpswich

Property

  • Acreage6.19
  • Net Operating Inc434204
  • Parking Spaces140
  • Space AvailableFor Sale
  • SubletNo
  • Gross Annual Exp53200
  • Gross Annual Income487404
  • Condo AssociationNo
  • Lot Size269636
  • Assessed Value Land1126100
  • Main LoAC0295
  • Square Feet31500

Building

  • No Buildings3
  • No Stories1
  • Total Units18
  • Total Bldg Sf31500
  • Wau Units1
  • Entry OnlyNo
  • Assessed Value Bldg1488800
  • Mau Units1
  • Rsu Units1
  • Reu Units12

Ipswich, MA Demographics

There is no data available

Ipswich, MA Real Estate Market Data

There is no data available

Ipswich, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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