Searching for an investment providing exceptional flexibility with virtually limitless residential and commercial uses, all packaged within a single asset? Look no further than 50 Albion St. Situated along a high-traffic corridor steps from Wakefield Center, this versatile space features a first floor open-concept floor plan, suitable for a variety of uses, including boutique retail, café, medical, legal, or professional services. With five bedrooms on the second and third floors, coupled with a full kitchen and full bath, it offers live-work potential, perfect for entrepreneurs desiring the convenience of living and operating a business within the same property. Residents and business owners alike can enjoy convenient access to schools, banks, a library, parks, eateries, coffee shops, and other local amenities, all within walking distance. Add parking for more than a dozen vehicles, a short walk to Boston's commuter rail and easy access to major highways, and this becomes a must see!
An exceptional opportunity to acquire a landmark 42-unit commercial building at the heart of downtown Wakefield. Originally constructed by Cyrus Wakefield, the industrialist after whom the Town of Wakefield was named in 1868, this property represents a rare convergence of historical significance, stable multi-tenant income, and a compelling rent-upside story that gives a buyer an immediate, low-risk path to value creation. The building is mostly tenancy at will. Those who have walked through the Wakefield Building invariably come away with something beyond a financial impression. The craftsmanship is immediate and undeniable — the massiveness of the structure, the robust mechanical systems, the sweeping staircases, the warmth of real wood throughout. There is a soul to this building that no modern construction can replicate, and visitors feel it instinctively. It is the rare quality of something built without compromise, in an era when buildings were made to last centuries.
WHY RENT WHEN YOU CAN OWN, Rare & hard to find office condo Previously two units have been combined into one largerspace. Ideal Wakefield location is approx. 1 minute from I95/Rt128 and 10 min to I93. Pristine condition space could beutilized by a variety of businesses, currently set up with two reception desk/areas as you walk in, Four Private offices & oneconference room with room for many file cabinets. Nicely equipped kitchen, access 2 restrooms, Walk-up attic for storage..There is plenty of storage in the attic. Plenty of Parking is available. Easy access to downtown Wakefield/Lake Quannapowitt!Reasonable monthly Assoc. fee at Wakefield Place Office Condominium includes Water/Sewer, Master Insurance, Landscaping,Snow Removal, Refuse Removal, Extra Storage & Housekeeping of common areas. Many updates within 5 years of Parking lot,LED lights, bathrooms and windows.
This is a Landmark Building across from the Wakefield Train Station and is zoned Industrial, offering many potential uses. The lot is a flat 20,051 sq. ft. parcel with a 2,436+- sq.ft. freestanding Building on it. There is currently parking for 40+- cars. Most likely the current building is expandable and the parcel also offers development potential as a multi level 24+- unit apartment/condominium site. This site has quite a history to it as it was where Friendly's Ice Cream & Restaurant was located for many years. Prior to that, it was the original site of the Crystal Lumber Co. Please go by the outside of the building first and if interested in seeing the inside, Please Call. BUILDING FOR SALE ONLY, NOT BUSINESS.
Virtually turn key office building in the Albion St., Wakefield Business district. Close proximity to downtown and commuter rail. 45 Albion St., has been completely renovated with new 2nd floor addition in 2024. New Hardie board siding, PVC trim, windows, roof, trex decking, plumbing, wiring, mini splits, life proof vinyl floors throughout and motion controlled security lighting. The 1,500 S/F 1st floor consists of 2 story open concept entry foyer with winding staircase, reception area, 5 offices, 2 lavs, 1 with exclusive office access. The 1,200 S/F 2nd flr has 4 offices, 2 lavs including 1 executive corner office w/ private lav and 22 foot open air open porch. The lower level is finished with a 25X14, conference room/kitchenette, office and utility room. Additionally, there is an outside employee patio and seating area. This building is ideally suited for a single use tenant but could fairy easily be morphed in a multi use tenant situation. Off-street parking for 10/11 cars.
Wakefield is located in Massachusetts. Wakefield, Massachusetts has a population of 27,041. Wakefield is less family-centric than the surrounding county with 34.85% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Wakefield, Massachusetts is $110,372. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Wakefield is 43.8 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 49.4 inches per year, with 47.9 inches of snow per year.
