45 Albion St - Office FOR SALE


Wakefield, MA 01880
$1,099,000 USD
978-914-5173
45 Albion St, Wakefield, MA for Sale
$1,099,000 USD
Office - FOR SALE
1/46
null | Request Cap Rate

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

45 Albion Street is a beautifully renovated and highly versatile commercial property in one of Wakefield’s most convenient locations. Whether you are looking for a new home for your business, professional office, medical practice, investment property, or a combination of uses, this property offers an impressive amount of flexibility. The property was extensively renovated in 2024, including a new second-floor addition, Hardie board siding, windows, roof, Trex decking, plumbing, electrical, mini-split heating and cooling, flooring, and exterior security lighting. The result is a move-in-ready property with many of the major improvements already taken care of. The first floor features a welcoming two-story entry, multiple private offices, and two bathrooms. The second floor adds additional private offices, two bathrooms, and a large corner office with its own private bathroom and access to an approximately 22-foot open-air porch. The finished lower level provides additional office space, a large conference room with kitchenette, and storage/utility space. Parking is a major advantage, with 11 dedicated off-street parking spaces. In addition, there is ample street parking available throughout the surrounding area, making the property especially convenient for employees, clients, and visitors. The location is hard to beat. Just one block from Main Street, you are within easy walking distance of restaurants, shops, and everyday amenities, while the Wakefield MBTA Commuter Rail Station is approximately a quarter mile away. With its extensive recent renovations, flexible layout, dedicated parking, and outstanding location, 45 Albion Street can work for a wide range of buyers and businesses. A property you can move into, make your own, and put to work immediately.

FOR SALE DETAILS

PRICE

$1,099,000 USD

PRICE/SF

$321 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

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B

APN/PARCEL ID

WAKE-000012-000147-000149

ASK ABOUT THIS PROPERTY

Tom MorganKeller Williams RealtyMore Info
978-914-5173

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Tom MorganKeller Williams RealtyMore Info
978-914-5173

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