Permit-Ready Mixed-Use
For Sale
Contact for pricing
369 Main St, Wakefield, MA 01880
Approved plans support residential and commercial redevelopment with covered parking.
Property Size21,432 SF
Days on Market129
Property Features for 369 Main St
General Information
Standard status
Active
Size
21,432 SF
Total Parking Spaces
25
Property subtype
Multifamily, Retail
Listing Agency:
Newmark - Boston
(617) 863-8090
Listed By:
Joseph Alvarado · License #MA 9028884
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 6:44PM
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 Newmark - Boston
Investment Insights
Based on property information with market context.
The existing mixed-use building contains 21,432 SF and is accompanied by 25 parking spaces. The property previously operated as a Santander Bank and is positioned in downtown Wakefield.
Redevelopment approvals and permits are in place for a 20-unit residential project totaling 38,152 SF, along with 8,070 SF of commercial space. The proposed plan also includes 28 covered parking spaces, creating a defined combination of residential, commercial, and parking components within the planned configuration.
Redevelopment approvals and permits are in place for a 20-unit residential project totaling 38,152 SF, along with 8,070 SF of commercial space. The proposed plan also includes 28 covered parking spaces, creating a defined combination of residential, commercial, and parking components within the planned configuration.
Key Highlights
- Approved redevelopment plan for 20 residential units
- Proposed 38,152 SF residential redevelopment
- 8,070 SF of planned commercial space
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,536
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Approved plans support residential and commercial redevelopment with covered parking.
Where is this mixed-use property located?
The property is located at 369 Main St Wakefield, MA.
What are key features of this property?
This property features: Approved redevelopment plan for 20 residential units; Proposed 38,152 SF residential redevelopment; 8,070 SF of planned commercial space
