Address
21 Princess St, Wakefield, MA
Price
$ 999,000
Property Attributes
  • MLS#73183156
  • TypeCommercial
  • CountyMIDDLESEX
  • CityWakefield
  • Zip01880
  • Style
  • Year Built1880
  • Taxes$ 11080
  • Price$ 999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4600
  • Lot Size3,485 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Opportunity is knocking.......Mixed use building with equipped RESTAURANT in the heart of Wakefield Center!! 2 large apartments upstairs, each with 5 rooms/2 bedroom/1 bath generating $3700 combined monthly income. Both residential units are separately heated with newer systems and is equipped with it's own electric panel. The commercial space on the ground floor is currently set up as a restaurant business with usage of the basement where there is plenty of storage and freezer spaces. Restaurant is handicap accessible, includes 2 patron restrooms, and is currently vacant. This building's roof was replaced 3 years ago. Full sprinkler system is in place.

Price History
11/28/2023 Listed $1,100,000
12/12/2023 10% - $999,000

General Features

Utilities Public Water,Public Sewer,220 Volts
Zoning B
Year Built 1880
Tax Year 2023
Gross Income 87000
County Middlesex
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions off main street in Wakefield Center
City Wakefield
Disclosures $87000 is potential annual income.Listing agent has ownership interest.
Senior Community Y/N No
Zoning Description Legal Conforming
Lot Size Square Feet 3537
Waterfront Y/N No
Street Name Princess St
Tax Annual Amount 11080
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Exterior Features

Total Parking 1
Lot Size Area 0.08
Building Area Total 4600
Lot Size Acres 0.08
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 $260K
$1,000K
Taxes
AVG $11,443
$11,080
Visits
AVG 251
417
Data Provided by Inside Real Estate®
Year Built
AVG 1919
1880
Walkscore
AVG 80
92
Data Provided by Walkscore® not using MLS data

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