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    55 Albion St Wakefield, MA 01880

    For Lease
    $3,000 /Mo

    Renovated retail space in Albion Street business district.

    Lot size:
    0.05 Acres

    Property Features for 55 Albion St

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1900

    Source: Coldwell Banker Realty - Lexington Agent Douglas R. Dodge

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

    Overview

    Albion Street Retail Space Available

    Retail space is available within the Albion Street business district. The space has been recently renovated and is awaiting the tenant's final touches. It features a large, open front area measuring 25x47 feet, along with three additional areas. Two of these areas are located at the rear of the space, measuring 12x15 feet and 8x13 feet respectively, and could be finished into large offices or additional showroom space. There is also another office space measuring 11x16 feet. The property includes a new kitchenette/break room and a new half bath.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -71.0727558
    Latitude
    42.5031218

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    FAQs

    What type of property is this?
    Retail space - Renovated retail space in Albion Street business district.
    Where is this retail space located?
    The property is located at 55 Albion St Wakefield, MA.
    What are key features of this property?
    This property features: - Prime location in the Albion Street business district.; - Recently renovated space ready for customization.; - Large open front area (25x47) suitable for retail or showroom.
    (781) 983-0020
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    55 Albion St Wakefield, MA 01880
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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
    55 Albion St Wakefield, MA 01880
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