Address
442 Water St, Wakefield, MA
Price
$ 1,499,900
Property Attributes
  • MLS#73222031
  • TypeCommercial
  • CountyMIDDLESEX
  • CityWakefield
  • Zip01880
  • StyleCommercial
  • Year Built1950
  • Taxes$ 19964
  • Price$ 1,499,900
  • Bedrooms0
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage5698
  • Lot Size0.44 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Mixed use building in a highly visible location with excellent off-street parking. The first floor consists of 4 private offices a conference room with kitchenette, two half baths, a reception and bullpen area. Currently used as office space, but adaptable to many businesses with subdivision possibilities. The 2nd floor has three spacious one-bedroom apartments. The rents are well below market at $1,200 Taw #1, $1,700 #2 lease and $ 1,500 #3 Taw. This is a great opportunity to run your business with parking while collecting rental income in a highly visible location.

Price History
4/10/2024 Listed $1,499,900

General Features

Utilities Public Water,Private Sewer
Zoning B
Year Built 1950
Tax Year 2024
Business Type Commercial
County Middlesex
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions Water street near Farm and Montrose
City Wakefield
Disclosures Parking is approximate. Current tenant in first floor to stay at TBD amount until July 1,2024 W/ rights to extend temporarily.. Town sewer on the street.
Senior Community Y/N No
Zoning Description Other (See Remarks)
Lot Size Square Feet 19027
Waterfront Y/N No
Street Name Water St
Tax Annual Amount 19964
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Interior Features

Total Baths 5

Exterior Features

Total Parking 18
Lot Size Area 0.44
Building Area Total 5698
Lot Size Acres 0.44
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 01880

Price
AVG $250K
$1.5M
Taxes
AVG $10,605
$19,964
Visits
AVG 229
71
Data Provided by Inside Real Estate®
Year Built
AVG 1923
1950

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