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    36 W Water St Wakefield, MA 01880

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    For Sale
    $750,000

    Recently renovated office building in downtown Wakefield with on-site parking.

    Lot size:
    0.17 Acres

    Property Features for 36 W Water St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1940

    Source: Jeremy Cyrier Agent Jeremy Cyrier

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

    Overview

    Turn-Key Office Building in Wakefield

    The property at 36 W Water Street is a single-story brick office building located in downtown Wakefield. The building, which has been recently renovated, offers 2,400 square feet of space. The layout includes five private offices, a conference room, a bullpen area, a kitchen, and two restrooms. The renovations include commercial-grade finishes, new mechanicals, and a contemporary design. The property is situated on a business-zoned lot and includes on-site parking for approximately eight cars. The building can be delivered vacant with 120 days notice to the tenant. The offering consists of fee simple ownership of the left half of the building and its corresponding land area. This is not a condo; each party owns their respective half of the structure and land outright. The move-in-ready workspace is suitable for law, accounting, design, or tech firms.
    Insight Report Location Intelligence

    Current Use by Public Records

    A&M Construction Co., ... General Contractor

    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
    -71.0728419
    Latitude
    42.5013435

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    FAQs

    What type of property is this?
    Office building - Recently renovated office building in downtown Wakefield with on-site parking.
    Where is this office building located?
    The property is located at 36 W Water St Wakefield, MA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Turn-key, recently renovated 2,400 SF single-story brick office building; - Prime downtown Wakefield location; - Flexible layout with **5 private offices, conference room, bullpen, kitchen, and 2 restrooms**
    (617) 304-2902
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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
    36 W Water St Wakefield, MA 01880
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