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42-Unit Mixed-Use Building
For Sale
$5,500,000

414-416 Main St, Wakefield, MA 01880

Historic downtown property with substantial construction, original wood detailing, and mostly tenancy-at-will occupancy.

Property SizeContact for details
Days on Market11

Property Features for 414-416 Main St

General Information

Standard status Active
Property subtype Commercial
Zoning B

Additional Details

Office Units 42

Taxes and HOA fees

Annual Taxes $85,090

Building Details

Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: REMAX Executive Realty
Listed By: Chris Bernier
Source: Churchillprop
Added: Sep 5 Changed: Sep 14 Last Checked: Sep 15 at 5:57AM

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 REMAX Executive Realty

Investment Insights

Based on property information with market context.

Built in 1900, this 42-unit commercial building occupies 414-416 Main St in downtown Wakefield. The property is classified as mixed-use and carries B zoning, with a mostly tenancy-at-will occupancy structure.

The building features substantial construction, robust mechanical systems, sweeping staircases, and extensive real-wood details. Its historical connection to Cyrus Wakefield, who constructed the building in the year the Town of Wakefield was named, adds context to the property’s long-standing presence in the community.

Key Highlights

  • 42‑unit commercial building constructed in 1900
  • Mixed‑use property with B zoning
  • Located at 414‑416 Main St in downtown Wakefield

Property Analytics

Current Use

Mixed-use properties

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

42
Office units
Multi-tenant
Tenancy

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic downtown property with substantial construction, original wood detailing, and mostly tenancy-at-will occupancy.
Where is this mixed-use property located?
The property is located at 414-416 Main St Wakefield, MA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 42‑unit commercial building constructed in 1900; Mixed‑use property with B zoning; Located at 414‑416 Main St in downtown Wakefield
More about this property
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