406 Main St, Wakefield MA 01880

Wakefield, MA 01880

$19

Est. $2,703/month

7,100

Sq Ft

$0

Price/Sq Ft

0.58

Acres

1940

Year Built

80

Days on Market

Pending Listed Dec 8, 2025 • MLS# 73460548 Copied!

Schedule Tour Contact Agent

About this home

Presenting one of Wakefield's most iconic restaurants for lease. Sizing varies from 2,000 SF to 7,100 SF depending on spacing requirements. Ownership wishes for community centric tenant(s) to occupy the former Brothers Restaurant. Up to 1,800 SF of basement storage space is included. Complimentary parking is available in the rear. This is an incomparable opportunity.

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Property Overview

Listing Type

Commercial Lease

Year Built

1940

Living Area

7,100 sq ft

Facts & Features

Home Facts

Type Commercial Lease

Year Built 1940

Living Area 7,100 sq ft

Lot Size 0.58 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other Public Water, Natural Gas Available

Financial

Annual Tax $30,035

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1940

Structure Type:

Exterior Materials:

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:

Location

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Neighborhood

406 Main St, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Nearby Schools

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

0.5 mi

Grades PK-08

B+

Walton School

0.8 mi | #293 of 824 | Score: 51.0

Improved 131 spots from last year

-7.3 below state avg

218 students Less Diverse

Rising School

Grades K-04

Early Childhood Center at the Doyle School

0.9 mi

128 students Moderate

Grades PK

A-

Woodville School

1.1 mi | #192 of 824 | Score: 55.5

Improved 38 spots from last year

-2.7 below state avg

456 students Moderate

Rising School

Grades PK-04

A

Dolbeare School

1.1 mi | #153 of 824 | Score: 57.0

Improved 41 spots from last year

-1.2 below state avg

443 students Less Diverse

Rising School

Grades K-04

A-

Greenwood School

1.6 mi | #194 of 824 | Score: 55.4

Improved 55 spots from last year

-2.8 below state avg

227 students Less Diverse

Rising School Strong Attendance

Grades K-04

M

Middle Schools

1 school

A-

Galvin Middle School

0.3 mi | #79 of 352 | Score: 52.1

Improved 5 spots from last year

-6.1 below state avg

1,056 students Moderate

Strong Attendance

Grades 05-08

H

High Schools

4 schools

EMARC - Life Choices & Employment Services

< 0.1 mi

Grades 09-12

Nazareth Academy

0.9 mi

Grades 09-12

A-

Wakefield Memorial High School

1.3 mi | #79 of 346 | Score: 62.6

Improved 16 spots from last year

+4.4 above state avg

854 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

1.5 mi | #141 of 346 | Score: 56.5

Improved 81 spots from last year

-1.7 below state avg

1,381 students Diverse

17 sports • 1,818 athletes

High Graduation Rate Rising School Career Tech Programs College Ready Curriculum

Grades 09-12

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Interest Rate

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Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $2,503

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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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.

Property History

Market Insights

Property Timeline

📋

Status: Active under contract

Feb 14, 2026

Active → Active Under Contract

⏳

Pending Sale

Feb 13, 2026

Offer accepted, sale pending

🏠

Listed for Sale

Dec 8, 2025

$19

Original listing

Agent: Joseph Marini Office: Marini Real Estate, LLC

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
02/14/2026	📋 Status: Active under contract	-	-	-	Active → Active Under Contract
02/13/2026	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
12/08/2025	🏠 Listed for Sale	$19	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Feb 14, 2026	Status: Active under contract	$0	—
Dec 8, 2025	New Listing Added	$19	—

Market Statistics

Days on Market

80 days

Price per Sq Ft

$0

Tax History

Year	Taxes	Assessment
2025	$30,035	—

Financial Details

Annual Property Tax

$30,035

Tax Year 2025

Listing Information

Listing Agent Joseph Marini

Listing Office Marini Real Estate, LLC

Agent MLS ID CN226146

Office MLS ID AN8856

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.