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Lower-Level Office Unit
New
For Lease
$525/Mo

3 Lincoln St 3b, Wakefield, MA 01880

Downtown office space includes storage, public parking access, and one rear parking sticker.

Space Size525 SF
Days on Market5

Property Features for 3 Lincoln St 3b

General Information

Standard status Active
Size 525 SF
Net Rentable 525 SF
Total Parking Spaces 1
Property subtype Commercial

Space & Availability

Available Space 525 SF
Contiguous Space 525 SF
Floor Lower Level
Space Use Office

Taxes and HOA fees

Annual Taxes $85,090

Amenities

storage

Building Details

Year Built 1900
Listing Agency: McCaul & Mounsif Real Estate Group LLC
Listed By: McCaul & Mounsif Real Estate Group
Source: Elliman
Added: Aug 8 Changed: Aug 11 Last Checked: Aug 11 at 11:56AM

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 McCaul & Mounsif Real Estate Group LLC

Investment Insights

Based on property information with market context.

This office unit occupies the lower level of the Wakefield Building and provides over 525 square feet of workspace along with storage. The property is located at 3 Lincoln St in Wakefield, Massachusetts, within the downtown area and opposite a public parking lot. The occupant receives one sticker for rear parking at the building, with no time limit stated for that space. Electricity is paid by the tenant, while the owner covers the remaining utilities. Walk Score is 78, Bike Score is 55, and Transit Score is 30. The building dates to 1900.

Key Highlights

  • Over 525 sq ft of office space with storage
  • Lower‑level unit in the Wakefield Building
  • Across from a public parking lot

Property Analytics

Current Use

Wakefield Dental Associates Dental Office Makme Salon Hair Salon listwithannemarie.com Real Estate Agency Bob Mailhoit, Realtor, ... Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Big Box & Wholesale 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.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,536
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

Lease Benchmarks for Wakefield, MA

$20.5 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
8,539 SF
Avg Space Size

This space is priced 41% below the average of $20.5 /SF/Yr.

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 - Downtown office space includes storage, public parking access, and one rear parking sticker.
Where is this office units located?
The property is located at 3 Lincoln St 3b Wakefield, MA.
What is the lease rate?
The lease rate is $525/Mo.
What are key features of this property?
This property features: Over 525 sq ft of office space with storage; Lower‑level unit in the Wakefield Building; Across from a public parking lot
More about this property
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