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47 Water St

Joppa, Newburyport, MA 01950
$2,800,000
3,320 Living Area
  • Property 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.
  • Highlights
    • Area: Joppa
    • Year Built: 1970
    • Property Class: Commercial Sale
    • Status: Active
  • Additional Details
    • Roof: Asphalt/Composition Shingles
    • Zoning Description: Legal Non-Conforming
    • Zoning: Wmd
  • Fees / Taxes
    • Tax Year: 2026
    • Taxes: $7,606

Location

47 Water St, Newburyport, MA 01950

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Gibson Sotheby's International Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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