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Renovated Two-Level Flex Space
For Lease
$3,548/Mo CAM $490 /USD/MO

1c Melvin Street, Wakefield, MA 01880

Updated commercial space with a loading dock, reception area, and built-in reception desk.

Space SizeContact for details
Days on Market13

Property Features for 1c Melvin Street

General Information

Standard status Active

Space & Availability

Divisible No
Space Use Industrial

Lease Terms

Lease Rate $3,548 /USD/MO
Monthly Rent $3,548
CAM $490 /USD/MO

Building Details

Year Built 1987
Year Renovated 2025
Stories 2
Listing Agency: Coldwell Banker Realty - Lynnfield
Listed By: Frank T. Rossetti
Source: Flowrealty
Added: Aug 18 Changed: Aug 28 Last Checked: Aug 29 at 10:07AM

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 - Lynnfield

Investment Insights

Based on property information with market context.

Located at 1c Melvin Street in Wakefield, Massachusetts, this 2,838-square-foot flex space occupies two levels within a single, non-subdividable unit. The property was renovated in 2025 and offers a contemporary presentation for an operating business.

A loading dock supports receiving and distribution needs, while the entry includes a reception area with a large built-in desk and counter. The property is situated near a supermarket, restaurants, and convenience services.

Key Highlights

  • 2838 SF flex space arranged across two levels
  • Renovated in 2025
  • Loading dock supports receiving and distribution

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Auto Parts Store Building Supply Pharmacy Garden Center

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

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,371
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

  • Harvest Catering Inc 24 Richardson St, Wakefield, MA 01880
  • Maya Catering 33 Tuttle St, Wakefield, MA 01880

Frequently Asked Questions

What type of property is this?
Flex space - Updated commercial space with a loading dock, reception area, and built-in reception desk.
Where is this flex space located?
The property is located at 1c Melvin Street Wakefield, MA.
What is the lease rate?
The lease rate is $3,548/Mo.
What are key features of this property?
This property features: 2838 SF flex space arranged across two levels; Renovated in 2025; Loading dock supports receiving and distribution
More about this property
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