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Wakefield Office Condo For Sale
For Sale
$199,900
Pending

384 Lowell St 205 & 205B, Wakefield, MA 01880

Rare office condo in pristine condition, ideal Wakefield location.

Property SizeContact for details
Days on Market117

Property Features for 384 Lowell St 205 & 205B

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,242

Building Details

Year Built 1984
Listing Agency:
Listed By: Nikki Martin Team
Source: Elliman
Added: Apr 15 Changed: Aug 8 Last Checked: Aug 8 at 1:17PM

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 Nikki Martin Team

Investment Insights

Based on property information with market context.

This Wakefield office condominium offers an opportunity for ownership instead of renting. The property, previously configured as two units combined into one larger space, is approximately 1 minute from I95/Rt128 and 10 minutes to I93. The space is in pristine condition and suitable for a variety of businesses. It is currently set up with two reception desks/areas, four private offices, and one conference room with space for file cabinets. The property also features a kitchen, access to two restrooms, and a walk-up attic for storage. Parking is available. The location provides easy 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 5 years include the parking lot, LED lights, bathrooms, and windows. The bike score is 30, indicating it is somewhat bikeable, the walk score is 36, indicating car-dependent, and the transit score is 25, indicating some transit.

Key Highlights

  • Ideal location: Approximately 1 minute from I95/Rt128 and 10 minutes to I93.
  • Move‑in ready: Pristine condition space suitable for various businesses.
  • Functional layout: Features two reception areas, four private offices, a conference room, and a kitchen.

Property Analytics

Current Use

Garofalo Design Associates, ... Architect Joy Dental Care Dental Office Freshman Jason P ... Dental Office Faria John W Law Firm Virginia Laurits, Physical Physician

Suggested Use

Top Pick Law Firm Nail Salon Dental Office Pharmacy Big Box & Wholesale Store Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

214
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 office condo in pristine condition, ideal Wakefield location.
Where is this office units located?
The property is located at 384 Lowell St 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 location: Approximately 1 minute from I95/Rt128 and 10 minutes to I93.; Move‑in ready: Pristine condition space suitable for various businesses.; Functional layout: Features two reception areas, four private offices, a conference room, and a kitchen.
More about this property
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