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Retail Suite with Pylon Signage
New
For Lease
$2,200/Mo

442 Water St C2, Wakefield, MA 01880

A finished storefront offers accessible entry, dedicated exterior signage and space for tenant customization.

Space Size700 SF
Days on Market1

Property Features for 442 Water St C2

General Information

Standard status Active
Size 700 SF
Net Rentable 700 SF
Property subtype Commercial

Space & Availability

Available Space 700 SF
Contiguous Space 700 SF
Condition Turnkey

Site & Location

Pylon Signage Yes
Traffic Count 14,000 vehicles/day
Road Access Yes
Utilities to Site Yes

Amenities

Dedicated center sign panel
illuminated sign box
ADA bathroom
ADA accessible parking
access ramp
HVAC System
200-amp electrical panel
Lighting

Building Details

Building Size 700 SF
Year Built 2025
Listed By: Robert W. Klemm Jr.
Source: Elliman
Added: Oct 16 Last Checked: Oct 16 at 2:30PM

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 Robert W. Klemm Jr.

Rey
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Investment Insights

Based on property information with market context.

Built in 2025, this approximately 700-square-foot retail suite can also accommodate office or medical use. The space has a new ADA-compliant bathroom, accessible parking and an access ramp. Signage options include a panel on the property's double-sided pylon and an illuminated box above the storefront. A new 2.5-ton HVAC system and 200-amp electrical panel serve the unit; the tenant pays for electricity.

At 442 Water St, the property fronts Route 129, where reported daily traffic exceeds 14,000 vehicles. Taxes, parking, water, sewer and CAM are included. Walk Score is 65, Bike Score is 46 and Transit Score is 25.

Key Highlights

  • Approximately 700 SF, with office, retail or medical use noted
  • Frontage on Route 129, with approximately 14,000+ VPD
  • Pylon sign panel and illuminated storefront sign box

Property Analytics

Current Use

Becker Paul G ... Insurance Agency

Suggested Use

Top Pick Hair Salon Auto Parts Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Big Box & Wholesale Store Computer & Electronic Repair

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

14,000 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$5.66 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

100
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

Frequently Asked Questions

What type of property is this?
Retail space - A finished storefront offers accessible entry, dedicated exterior signage and space for tenant customization.
Where is this retail space located?
The property is located at 442 Water St C2 Wakefield, MA.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Approximately 700 SF, with office, retail or medical use noted; Frontage on Route 129, with approximately 14,000+ VPD; Pylon sign panel and illuminated storefront sign box
More about this property
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