Expected zoning changes being proposed could double the allowable density for the building, in which case the price of this property will increase with the new value. Opportunity to purchase in advance of the Town Meeting at "below market value" therefore exists. The very heart and center of downtown Ipswich. Anchor tenant is the Family Dollar Store. Two additional retail or office spaces currently available. Includes Town of Ipswich approved Special Permit and Site Plan Review decision to build 16 residential condos plus 2 commercial condos above the building. All architectural and engineering plans are included. Also includes approved 35 bin storage facility on lower level. Three new HVAC units. A rare opportunity to own, expand, and improve in central downtown Ipswich.