$865,000
4,600
Living Area
-
Property Description
Opportunity is knocking.......Mixed use building with equipped RESTAURANT in downtown Wakefield!! 2 large apartments upstairs each with 5 rooms/2 bedroom/1 bath generating monthly income. Residents currently are TAW fetching $3750 gross income which could be increased. Both 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 space as well. There is plenty of storage and freezer spaces. Restaurant is handicap access, includes 2 patron restrooms, and is currently vacant. This building's roof was replaced 3 years ago. Full sprinkler system is in place.
-
Highlights
- Parking Spots: 1
- Year Built: 9999
- Property Class: Business Opportunity
- Status: Closed
-
Additional Details
- Zoning: B
-
Fees / Taxes
- Buyer Agent Compensation: 2%
- Tax Year: 2023
- Sub Agent Compensation: 2%
- Taxes: $11,080
Similar Listings
Sold
35 Photos
Sold
37 Photos
Sold
58 Photos
Sold
20 Photos
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Realty Direct Somerville.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.