81 Turnpike

About 81 Turnpike

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale 81 TURNPIKE RD, a 3.0-acre prime development site opportunity located in the highly desirable town of Ipswich, MA. Currently improved with 7,134 +/- square feet of restaurant/retail space, the property presents a variety of redevelopment opportunities, including apartments, condominiums, senior living, assisted living, hotel, industrial, retail, mixed use, and commercial development. Situated directly off Route 1 and less than five miles from the Ipswich Commuter Rail Station on the MBTA’s Newburyport/Rockport line, 81 Turnpike Rd offers an opportunity for an investor or developer to enter a highly sought-after suburban market.

TRANSIT ORIENTED LOCATION - 81 Turnpike Rd is located directly on Route 1 and is less than 4 miles from I-95, one of Greater New England’s major thoroughfares. Additionally, the site is approximately a 10-minute drive from the Ipswich Commuter Rail Station on the MBTA’s Newburyport/Rockport line, which offers just under an hour ride to Boston’s North Station.

EXCEPTIONAL DEMOGRAPHICS - 81 Turnpike Rd offers exceptional demographics with 40,000 people and 15,000 households within five (5) miles of the property boasting an average household income of $143,000 and a median housing value of $596,000.

81 Turnpike Road is offered on an "as-is, where-is" basis and without a formal asking price. Once qualified investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers" date.