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    380 Lowell St Wakefield, MA 01880

    For Sale
    $98,000

    Spacious Office, Abundant Parking, Commuter Rail Access

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 98,000 USD commercial property at 380 Lowell Street, Unit 202a, Wakefield, MA, presents a rare opportunity for business owners. The second-floor space boasts a generous layout ideal for professional use, featuring three distinct rooms. A welcoming reception area at the entrance provides a professional first impression. Two additional private offices offer ample space for individual work or client meetings. The unit includes a convenient storage closet and additional attic storage, perfect for files, equipment, or supplies. Recent upgrades include numerous newer Harvey windows (less than one year old), ensuring abundant natural light and energy efficiency. Two updated bathrooms add to the convenience and functionality of the space. Ample parking is available for staff and clients. The property's strategic location offers easy access to the Commuter Rail, Route 128, Downtown Wakefield, and a variety of local restaurants. A security system with remote accessibility provides peace of mind. This is a truly unique opportunity to own a well-appointed office space in a highly desirable location, eliminating the ongoing costs of renting. Don't miss this chance to establish your business in a prime Wakefield setting.

    Property Features for 380 Lowell St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    Corson Insurance Insurance Agency Carey & Slater Law ... Attorney NVP Podiatry, LLC Medical Clinic LEC Environmental Consultants, ... Environmental Consultant Law Office of Terrence ... Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wakefield
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.06361
    Latitude
    42.51759

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Office, Abundant Parking, Commuter Rail Access
    Where is this commercial real estate located?
    The property is located at 380 Lowell St Wakefield, MA.
    What is the asking price?
    The asking price for this property is $98,000.
    (617) 206-3333
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    380 Lowell St Wakefield, MA 01880
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