Active
442 Water St
Wakefield MA, 01880
$1,499,900
$263.23 per sqft
Active
5 Baths
5,698 sqft
Commercial
Built in 1950
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
73222031
MLSⓇ ID
April 10, 2024
Listed
May 3, 2024
Updated
Map
442 Water St
Wakefield MA, 01880
Interior Features
Total Bathrooms
5
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.44 Acres
Other Property Details
Taxes
$16,085
Tax Frequency
Annually
Garage
No
Parking Total
18
View
No
County
Middlesex
Pool
No
Zoning
B
Buyer Agency Compensation
2%
Courtesy of Michael Barrett, Barrett, Chris. J., REALTORS®
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Data last updated 7:11 PM UTC, 5/3/2024
