BMN Boston

Get our mobile app!

Download on the App Store

45 Albion St, Wakefield MA 01880

Wakefield, MA 01880
$1,850,000
$1,499,000
Est. $9,043/month
0.13
Acres
1900
Year Built
324
Days on Market
Active Price Drop -$351,000 Listed Aug 19, 2025 • MLS# 73419549 Copied! • Updated May 31, 2026

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 10/11 cars.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

1
Price Changes
16.5%
Price Range

Property Timeline

Price Reduced
May 27, 2026
$1,499,000 $196,000 (-11.56%)
From $1,695,000 to $1,499,000 (-11.6%)
🏠
Listed for Sale
Aug 19, 2025
$1,795,000
Original listing
Agent: Christopher Barrett Office: Barrett, Chris. J., REALTORS®

Tax History

Year Taxes Assessment
2025 $15,160

Financial Details

Annual Property Tax
$15,160
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Lot Size 0.13 acres
Gross Income $96,000
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
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, Water Available

Financial

Annual Tax $15,160
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Rear Fence Line Is Beyond The Property Rear Lot Line. Current Absentee Tenant @ $8, 000 Nnn, Through March 1, 2027.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
Commercial Sale
Year Built
1900

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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:
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
0.3 mi
Grades PK-08
B+
Walton School
0.7 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
0.8 mi
128 students Moderate
Grades PK
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-
Woodville School
1.2 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-
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
0.2 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
0.2 mi
Grades 09-12
Nazareth Academy
0.9 mi
Grades 09-12
A-
Wakefield Memorial High School
1.4 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
1.6 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
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
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
$0/mo
+0.5% Rate
$0/mo
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.

Location

Loading map...

Neighborhood

45 Albion St, Wakefield MA 01880

Wakefield, MA 01880

Listing Information

Listing Agent Christopher Barrett
Listing Office Barrett, Chris. J., REALTORS®
Office Phone 781-245-5011
Agent MLS ID BB813103
Office MLS ID B50201
Listing Data Updated May 31, 2026 3:07 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Wakefield, MA

Real-time market trends and pricing data for this area

45 Albion St, Wakefield MA 01880 - Photo 1 45 Albion St, Wakefield MA 01880 - Photo 2 45 Albion St, Wakefield MA 01880 - Photo 3 45 Albion St, Wakefield MA 01880 - Photo 4 45 Albion St, Wakefield MA 01880 - Photo 5 45 Albion St, Wakefield MA 01880 - Photo 6 45 Albion St, Wakefield MA 01880 - Photo 7 45 Albion St, Wakefield MA 01880 - Photo 8 45 Albion St, Wakefield MA 01880 - Photo 9 45 Albion St, Wakefield MA 01880 - Photo 10 45 Albion St, Wakefield MA 01880 - Photo 11 45 Albion St, Wakefield MA 01880 - Photo 12 45 Albion St, Wakefield MA 01880 - Photo 13 45 Albion St, Wakefield MA 01880 - Photo 14 45 Albion St, Wakefield MA 01880 - Photo 15 45 Albion St, Wakefield MA 01880 - Photo 16 45 Albion St, Wakefield MA 01880 - Photo 17 45 Albion St, Wakefield MA 01880 - Photo 18 45 Albion St, Wakefield MA 01880 - Photo 19 45 Albion St, Wakefield MA 01880 - Photo 20 45 Albion St, Wakefield MA 01880 - Photo 21 45 Albion St, Wakefield MA 01880 - Photo 22 45 Albion St, Wakefield MA 01880 - Photo 23 45 Albion St, Wakefield MA 01880 - Photo 24 45 Albion St, Wakefield MA 01880 - Photo 25 45 Albion St, Wakefield MA 01880 - Photo 26 45 Albion St, Wakefield MA 01880 - Photo 27 45 Albion St, Wakefield MA 01880 - Photo 28 45 Albion St, Wakefield MA 01880 - Photo 29 45 Albion St, Wakefield MA 01880 - Photo 30 45 Albion St, Wakefield MA 01880 - Photo 31 45 Albion St, Wakefield MA 01880 - Photo 32 45 Albion St, Wakefield MA 01880 - Photo 33 45 Albion St, Wakefield MA 01880 - Photo 34 45 Albion St, Wakefield MA 01880 - Photo 35 45 Albion St, Wakefield MA 01880 - Photo 36 45 Albion St, Wakefield MA 01880 - Photo 37 45 Albion St, Wakefield MA 01880 - Photo 38
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour