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    45 Albion St Wakefield, MA 01880

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    For Lease
    Contact for pricing

    Office building with parking and finished basement near public transit.

    Property size:
    3,420 SF
    Lot size:
    0.13 Acres

    Property Features for 45 Albion St

    General Information

    Size
    3,420 SF
    Lot size
    0.13 Acres

    Source: Cresa | Boston Agent Allison Hoffman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wakefield Office Building For Rent

    This property offers a sole occupant opportunity with great visibility in the heart of Wakefield. It is located one block from Main Street retail and dining and a 0.2 mile walk via sidewalk to Wakefield MBTA Commuter Rail Station. The property includes a dedicated parking lot and a small private patio seating area. The interior features windowed private offices and conference rooms with abundant natural light and renovated recessed lighting. The property also includes 720 square feet of finished basement space with a built-in kitchenette. The multifunctional space can be used as workspace, training space, conference space, or storage space. The total property size is 3,420 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Best Home Care Home Health Care Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wakefield
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0724282
    Latitude
    42.5032407

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    FAQs

    What type of property is this?
    Office building - Office building with parking and finished basement near public transit.
    Where is this office building located?
    The property is located at 45 Albion St Wakefield, MA.
    What are key features of this property?
    This property features: - Dedicated parking lot; - One block walk to Main Street retail and dining; - Just a 0.2 mile walk to Wakefield MBTA Commuter Rail Station
    (617) 276-7404
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    Wakefield, MA 01880
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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
    45 Albion St Wakefield, MA 01880
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