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442 Water St

Wakefield, MA 01880
$1,499,900
5,698 Living Area
  • 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. Some expenses include Snow removal $3,450, Insurance $2,661.99, Heat $4,867.09. Water $1,655.59
  • Highlights
    • Parking Spots: 18
    • Year Built: 1950
    • Property Class: Commercial Sale
    • Status: Closed
  • Additional Details
    • Zoning: B
    • Zoning Description: Other (See Remarks)
  • Fees / Taxes
    • Buyer Agent Compensation: 2.0%
    • Tax Year: 2024
    • Facilitator Compensation: 2.0%
    • Taxes: $16,085

Location

442 Water St, Wakefield, MA 01880

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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 Barrett, Chris. J., REALTORS®. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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