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50 Albion St, Wakefield MA 01880

Wakefield, MA 01880
$990,000
Est. $6,562/month
3,341
Sq Ft
$296
Price/Sq Ft
0.20
Acres
1900
Year Built
9 hours 5 minutes
Time on Market
Active Open House Listed May 27, 2026 • MLS# 73524467 Copied!

About this home

Searching for an investment providing exceptional flexibility with virtually limitless residential and commercial uses, all packaged within a single asset? Look no further than 50 Albion St. Situated along a high-traffic corridor steps from Wakefield Center, this versatile space features a first floor open-concept floor plan, suitable for a variety of uses, including boutique retail, café, medical, legal, or professional services. With five bedrooms on the second and third floors, coupled with a full kitchen and full bath, it offers live-work potential, perfect for entrepreneurs desiring the convenience of living and operating a business within the same property. Residents and business owners alike can enjoy convenient access to schools, banks, a library, parks, eateries, coffee shops, and other local amenities, all within walking distance. Add parking for more than a dozen vehicles, a short walk to Boston's commuter rail and easy access to major highways, and this becomes a must see!

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Property Overview

Listing Type
Commercial Sale
Year Built
1900
Living Area
3,341 sq ft

Open House Schedule

30
May
Saturday, May 30
11:00 AM - 1:00 PM EDT
31
May
Sunday, May 31
11:00 AM - 1:00 PM EDT

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Living Area 3,341 sq ft
Lot Size 0.20 acres

Interior

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

Exterior

Construction None
Architecture None
Roof Asphalt/composition Shingles
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, Natural Gas Available

Financial

Annual Tax $16,272

Interior Features

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

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Asphalt/Composition Shingles
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

50 Albion St, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Nearby Schools

School information not available for this location.

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 $1,356
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.

Property History

Market Insights

45.9%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
May 27, 2026
$990,000
Original listing
Agent: James Fitzgerald Office: Barrett, Chris. J., REALTORS®
Previous Transaction - MLS #72069024
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 19, 2016
$536,000
MLS #72069024

Price & Status History

Date Event Price Change
May 27, 2026 Sold $990,000
May 27, 2026 New Listing Added $990,000
Oct 19, 2016 Sold $536,000

Market Statistics

Time on Market
9 hours 5 minutes
Price per Sq Ft
$296

Tax History

Year Taxes Assessment
2025 $16,272

Financial Details

Annual Property Tax
$16,272
Tax Year 2025

Listing Information

Listing Agent James Fitzgerald
Listing Office Barrett, Chris. J., REALTORS®
Agent MLS ID CN230700
Office MLS ID B50201
Listing Data Updated May 27, 2026 6:03 AM 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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Market Analytics for Wakefield, MA

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