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    239-243 North Ave Wakefield, MA 01880

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    For Lease
    $5,000 /Mo

    Updated retail space with great visibility in Wakefield, Massachusetts.

    Lot size:
    0.16 Acres

    Property Features for 239-243 North Ave

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1920

    Source: Coldwell Banker Realty - Andovers/Readings Regional Agent Piantidosi Group

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

    Overview

    Updated Retail Space in Wakefield

    This updated retail space, located in the heart of Wakefield, offers approximately 1800 square feet of storefront commercial space. The property features frontage and oversized windows. An additional approximately 1800 square feet of flexible basement space is available for storage, workspace, or other business needs. Previously used as a kitchen showroom, the space has an open layout with a main room and high ceilings. Dedicated parking spots are located in the rear of the building. The property is located on North Avenue, directly across from the train station, and is highly accessible to Route 95, public transportation, downtown Wakefield, and Lake Quannapowitt. Ample parking is available on the main road.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    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.

    Similar Places Nearby

    Tony Vadala, Mason Contractor

    Location Insight

    • Map
    • Local Demand
    City
    Wakefield
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0754013
    Latitude
    42.5024907

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    FAQs

    What type of property is this?
    Showroom - Updated retail space with great visibility in Wakefield, Massachusetts.
    Where is this showroom located?
    The property is located at 239-243 North Ave Wakefield, MA.
    What are key features of this property?
    This property features: - Prime location in the heart of Wakefield with great visibility.; - Approximately 1800sf of store front commercial space with great frontage and oversized windows.; - Additional ~1800sf of flex basement space for storage or workspace.
    (978) 423-5577
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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
    239-243 North Ave Wakefield, MA 01880
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