Ipswich, MA 01938,75 Turnpike Rd
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Ipswich, MA 01938,75 Turnpike Rd
Ipswich, MA 01938,75 Turnpike Rd
Ipswich, MA 01938,75 Turnpike Rd
Ipswich, MA 01938,75 Turnpike Rd

$5,349,000

Est. payment /mo

$5,595,000

4.4%
Est.Price: ?

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75 Turnpike Rd Ipswich, MA 01938

35,000 SqFt

SOLD DATE : 10/09/2019

Key Details

Sold Price $5,349,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 35,000 sqft

Price per Sqft $152

MLS Listing ID 72533582

Sold Date 10/09/19

Year Built 1987

Annual Tax Amount $35,000

Tax Year 2019

Lot Size 3.700 Acres

Acres 3.7

Property Description

The Ipswich Plaza is a well-established retail center located along the heavily traveled and busy business corridor of Rte 1. The property consists of four buildings sited on 3.7 acres with over 400 feet of frontage. The property has been well maintained by the same owner for the last 32 years. This desirable location is over 95% leased. Tenants benefit from a digital pylon sign at the street, visibility to over 14,000 vehicles per day and a tenant mix designed to drive traffic through the plaza. Patrons enjoy plenty of parking with over 140 spaces on site (4:1 ratio). Strong demographics in the area have attracted national retailers such as Tractor Supply, Cumberland Farms and O'Reilly Auto Parts to move in across the street. Adjacent 2.5 acre lot also available for sale. See broker for details.

Location

State MA

County Essex

Zoning PC

Direction Rte 1 North. 4 miles North of the Topsfield Fairgrounds, 1.3 miles South of the Agawam Diner.

Exterior

Utilities Available Public Water, Private Sewer, Natural Gas Available

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William Phipps

William Phipps

Engel & Völkers

+1(857) 205-1064

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Sovereign Realty Advisors, LLC
Bought with Walter Zenkin • AA Premier Properties, LLC
William Phipps

William Phipps

Advisor | License ID: 9588231

+1(857) 205-1064

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