117 Water St, Wakefield MA 01880

Wakefield, MA 01880
$150,000
Est. $958/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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15,000
Lot Sq Ft
1970
Year Built
10 hours 57 minutes
Time on Market
For Sale Listed Sep 23, 2026 • MLS# 73581561 Copied! • Updated Sep 23, 2026

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About this home

Turnkey Roast Beef & Sandwich Shop for SaleThis well-established roast beef and sandwich shop is a turnkey operation with excellent potential for expansion and increased business. The space offers opportunities to add pizza and other menu options to further grow revenue.The current owner is retiring after many decades in business, providing an opportunity to take over a long-standing operation.With a strong down payment, the owner may be willing to hold financing.Appointment required to view the business.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 23, 2026
$150,000
Original listing
Agent: Bill Kafkas Office: Bill Kafkas RE

Tax History

Year Taxes Assessment
Tax history not available

Facts & Features

Home Facts

Type Business Opportunity
Year Built 1970
Lot Size 15,000 sq ft
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Brick, Steel Siding
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

No financial details available
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
For Sale
Year Built
1970

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1970
Structure Type:
Exterior Materials: Brick, Steel Siding
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Wakefield School District local
A
✓ School Safety 2024-25
0.5% Low
0.5% Suspensions 0.3% In-School
↓ 5.0% below state avg
E

Elementary Schools

6 schools
St. Joseph Elementary School
0.7 mi
Grades PK-08
A-
Woodville School
0.8 mi | #172 of 825 | Score: 56.1
Improved 58 spots from last year
-2.1 below state avg
462 students Moderate
Rising School
Grades PK-04
Early Childhood Center at the Doyle School
1.0 mi
115 students Moderate
Grades PK
B+
Walton School
1.1 mi | #299 of 825 | Score: 50.8
Improved 125 spots from last year
-7.4 below state avg
221 students Less Diverse
Rising School Strong Attendance
Grades K-04
A
Dolbeare School
1.1 mi | #160 of 825 | Score: 56.5
Improved 34 spots from last year
-1.7 below state avg
425 students Less Diverse
Rising School Strong Attendance
Grades K-04
A-
Greenwood School
1.5 mi | #203 of 825 | Score: 54.6
Improved 46 spots from last year
-3.6 below state avg
209 students Less Diverse
Rising School Strong Attendance
Grades K-04
M

Middle Schools

1 school
A-
Galvin Middle School
0.4 mi | #80 of 352 | Score: 51.9
Improved 4 spots from last year
-6.3 below state avg
1,076 students Moderate
Strong Attendance
Grades 05-08
H

High Schools

4 schools
EMARC - Life Choices & Employment Services
0.2 mi
Grades 09-12
Nazareth Academy
1.0 mi
Grades 09-12
A-
Wakefield Memorial High School
1.1 mi | #80 of 346 | Score: 63.2
Improved 15 spots from last year
+5 above state avg
871 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
B+
Northeast Metropolitan Regional Vocational High School
1.3 mi | #127 of 346 | Score: 58.3
Improved 95 spots from last year
+0.1 above state avg
1,414 students Diverse
17 sports • 1,818 athletes
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

117 Water St, Wakefield MA 01880

Wakefield, MA 01880

Listing Information

Listing Agent Bill Kafkas
Listing Office Bill Kafkas RE
Office Phone 978-835-1455
Agent MLS ID D9500144
Office MLS ID AN2430
Listing Data Updated Sep 23, 2026 1:08 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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