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Commercial Land with Building
For Sale
$3,300,000

152 Albion St, Wakefield, MA 01880

Industrial-zoned parcel includes an existing freestanding building and on-site parking.

Property Size2,436 SF
Price / SF$1,354
Days on Market223

Property Features for 152 Albion St

General Information

Standard status Active
Size 2,436 SF
Property subtype Commercial
Zoning I

Taxes and HOA fees

Annual Taxes $11,946

Building Details

Building Size 2,436 SF
Year Built 1972
Listing Agency: Coldwell Banker Realty - Brookline
Listed By: Chris Bernier
Source: Churchillprop
Added: Jan 20 Changed: Aug 30 Last Checked: Aug 31 at 12:56PM

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 Coldwell Banker Realty - Brookline

Investment Insights

Based on property information with market context.

This commercial land offering includes a flat 20,051 sq. ft. parcel improved with a 2,436+- sq.ft. freestanding building. Constructed in 1972, the building is accompanied by parking for approximately 40 cars. The property is zoned Industrial and is being offered as real estate only, excluding the former operating business.

The site is located at 152 Albion St in Wakefield, Massachusetts, directly across from the Wakefield Train Station. Its existing building, paved parking area, and industrial zoning provide the core physical characteristics of the offering. The property is presented for sale as a standalone real estate asset.

Key Highlights

  • 20,051 sq. ft. flat parcel
  • 2,436+- sq.ft. freestanding building
  • Industrial zoning

Property Analytics

Current Use

North Shore Pool ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Cafe & Coffee Shop Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,381
Businesses Nearby
86k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 37% Home Improvements & Furnishings 9%
McDonald's Dining
24,489 visits/mo 0.3 miles
Dunkin' Donuts Dining
14,135 visits/mo 0.4 miles
Dollar Tree Shops & Services
11,563 visits/mo 0.3 miles
Hart's Ace Hardware Home Improvements & Furnishings
7,861 visits/mo 0.3 miles
Dunkin' Donuts Dining
7,840 visits/mo 0.1 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Industrial-zoned parcel includes an existing freestanding building and on-site parking.
Where is this commercial land located?
The property is located at 152 Albion St Wakefield, MA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 20,051 sq. ft. flat parcel; 2,436+- sq.ft. freestanding building; Industrial zoning
More about this property
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