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Wakefield Office Condo For Sale
For Sale
$199,900

384 Lowell Street #205 & 205B, Wakefield, MA 01880

Rare Wakefield office condo near I-95/Rt128 and I-93.

Days on Market100

Property Features for 384 Lowell Street #205 & 205B

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1984
Listing Agency: Compass
Listed By: Nikki Martin Team
Source: Liongatere
Added: Apr 25 Changed: Jul 6 Last Checked: Aug 2 at 3:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This Wakefield office condominium offers an opportunity for ownership instead of renting. The property, created by combining two units, is located approximately one minute from I-95/Rt128 and ten minutes from I-93. The space is suitable for a variety of businesses and features two reception areas, four private offices, and a conference room with space for file cabinets. It also includes a kitchen, access to two restrooms, and a walk-up attic for storage. Parking is available. The property provides convenient access to downtown Wakefield and Lake Quannapowitt. The monthly association fee covers water/sewer, master insurance, landscaping, snow removal, refuse removal, extra storage, and housekeeping of common areas. Updates within the last five years include the parking lot, LED lights, bathrooms, and windows.

Key Highlights

  • Ideal Wakefield location: just 1 minute from I95/Rt128, and 10 minutes to I93.
  • Pristine condition, with updates within the last 5 years including the parking lot, LED lights, bathrooms, and windows.
  • Combined unit featuring two reception areas, four private offices, and a conference room.

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

1,427
Businesses Nearby

Demographics for 01880, MA

27,071
Population
11,513
Households
2.4
Avg Household Size
43
Median Age
57%
College-Educated
96%
High-School Grad
7.4 sq mi
ZIP Area
3,658
Density / Sq Mi
$130,419
Median Household Income
$78,860
Median Earnings
$1,872
Median Rent
$670,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Rare Wakefield office condo near I-95/Rt128 and I-93.
Where is this office units located?
The property is located at 384 Lowell Street #205 & 205B Wakefield, MA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Ideal Wakefield location: just 1 minute from I95/Rt128, and 10 minutes to I93.; Pristine condition, with updates within the last 5 years including the parking lot, LED lights, bathrooms, and windows.; Combined unit featuring two reception areas, four private offices, and a conference room.
More about this property
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