45 Albion St - Office FOR SALE


Wakefield, MA 01880
$1,850,000 USD
781-224-0110
45 Albion St, Wakefield, MA for Sale
$1,850,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

NEW


45 Albion St
Wakefield, MA 01880


HIGHLIGHTS

  • Virtually turn key office building with rare off street parking in close proximity to commuter rail and downtown proper

OVERVIEW

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 14 cars.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$541 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,750 SF

ZONING

B

APN/PARCEL ID

WAKE-000012-000147-000149

ASK ABOUT THIS PROPERTY

Chris BarrettChristopher J. Barrett RealtorsMore Info
781-224-0110

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Chris BarrettChristopher J. Barrett RealtorsMore Info
781-224-0110

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.