45 Albion St, Wakefield MA 01880

Wakefield, MA 01880
$1,795,000
Est. $10,540/month
0.13
Acres
1900
Year Built
111
Days on Market
Active Price Drop -$55,000 Listed Aug 19, 2025 • MLS# 73419549 Copied!

About this home

Virtually turn key office building in the Albion St., Wakefield Business district. Close proximity to downtown and commuter rail. 45 Albion St., has been completely renovated with new 2nd floor addition in 2024. New Hardie board siding, PVC trim, windows, roof, trex decking, plumbing, wiring, mini splits, life proof vinyl floors throughout and motion controlled security lighting. The 1,500 S/F 1st floor consists of 2 story open concept entry foyer with winding staircase, reception area, 5 offices, 2 lavs, 1 with exclusive office access. The 1,200 S/F 2nd flr has 4 offices, 2 lavs including 1 executive corner office w/ private lav and 22 foot open air open porch. The lower level is finished with a 25X14, conference room/kitchenette, office and utility room. Additionally, there is an outside employee patio and seating area. This building is ideally suited for a single use tenant but could fairy easily be morphed in a multi use tenant situation. Off-street parking for 14 cars.

Property Overview

Listing Type
Commercial Sale
Year Built
1900

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Lot Size 0.13 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Shingle
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, Public Sewer, Water Available

Financial

Annual Tax $15,160

Interior Features

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

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
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 Frontage: 114.00 ft
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

45 Albion St, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,263
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
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+0.5% Rate
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Cost $0/mo

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

Property Timeline

🏠
Listed for Sale
Aug 19, 2025
$1,795,000
Original listing
Agent: Christopher Barrett Office: Barrett, Chris. J., REALTORS®

Price & Status History

Date Event Price Change
Aug 19, 2025 New Listing Added $1,795,000

Market Statistics

Days on Market
111 days
Price per Sq Ft
$—
Total Price Drop
-$55,000

Tax History

Year Taxes Assessment
2025 $15,160

Financial Details

Annual Property Tax
$15,160
Tax Year 2025

Listing Information

Listing Agent Christopher Barrett
Listing Office Barrett, Chris. J., REALTORS®
Agent MLS ID BB813103
Office MLS ID B50201
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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Market Analytics for Wakefield, MA

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