47 Water St,Newburyport, MA 01950
Newburyport, MA 01950
Description
Welcome to 45 & 47 Water Street, a Waterfront Landmark and Legacy Investment w/200+ years of successful enterprise, that are being offered for sale for the first time in 40 years! These are individual properties being sold together, representing a rare opportunity to put down roots in one New England's most sought-after coastal enclaves. Featured in magazines & destination media for its charming & walkable downtown with exceptional dining, cafés, culture & overall charm, Newburyport has exploded as a bucket-list hometown across all demographics, & these 2 premier offerings stand in the heart of it all. The 1822 Clock Tower Building at 45 Water Street commands the harbor with its stately brick façade & distinctive period architecture. Beside it, 47 Water Street-a 1970 warehouse extending toward the Clipper City Rail Trail-adds scale, flexibility & an unusually expansive downtown footprint. From the 4th-floor balcony (45 Water) Newburyport's working waterfront unfolds before you. Luxury yachts fill the marina directly below; with the Custom House, Harbormaster's office & Waterfront Park all in your sights. Here is a panorama so sweeping, you can watch a sailboat slipping beneath the Gillis bridge's swing span, and follow it all the way through the picturesque harbor to Plum Island - a breathtaking view from the top 2 floors found nowhere else in the city. The 2 buildings ideally are being sold together, with 45 Water Street boasting approximately 9,300 sq. ft. of finished space, character-rich interiors, exceptional visibility & on-site parking. Envision a signature waterfront headquarters; a legacy investment with an attractive balance sheet, or a mixed-use destination pairing luxury residences-and perhaps penthouses above-with a café, restaurant or vibrant commercial use below. Built after the Great Fire of 1811 & constructed for permanence during Newburyport's maritime prosperity, it housed Sumner, Swasey & Currier, prominent merchants who connected this harbor with foreign ports bringing goods to supply a growing nation. Generations later, Bennett & Company made it the flagship headquarters of an intl. apparel design & manufacturing business grounded in principles of mindfulness, respect and workforce wellbeing. With 2 complementary buildings, panoramic harbor views, parking, income potential & an irreplaceable setting, this is more than a real estate acquisition. The 2 buildings are being sold together for a total sales price of $8million.
Details
| MLS # | 73580429 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 29 |
| Listing Provided By | Gibson Sotheby's International Realty | Lynne Hendricks |
Features
| Zoning | WMD |
|---|---|
| Acreage | 0.36 |
| Water Front | Yes |
| Property View | Yes |
Exterior
| Lot Features | Sidewalks |
|---|
Utilities
| Sewer | At Street |
|---|---|
| Gas | At Street |
| Electric | On-Site |
Taxes
| Tax Annual Amount | 7606 |
|---|---|
| Tax Assessed Value | 821400 |
| Tax Year | 2026 |
Location
| Community Features | Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Essex |
| City | Newburyport |
| Zip Code | 01950 |
| Area | Joppa |
| Listing VS Median (in 01950) | |
Price: $2,800,000 low | high Med: $895,000 On site: 29 low | high Med: 54 | |
Market Activity 01950
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Newburyport |
| Zip Code | 01950 |
| Area | Joppa |
| Listing VS Median (in 01950) | |
Price: $2,800,000 low | high Med: $895,000 On site: 29 low | high Med: 54 | |
 | $2,800,00047 Water StNewburyport, MA 01950 |