Medical Premises

Wakefield, MA Medical Office Space for Sale

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Renovated Office Building
Updated: Sep 15
Renovated Office Building

45 Albion, Wakefield, MA 01880

$1,099,000
0.13 AC lot
Extensive 2024 renovation with a second‑floor addition and updated building systems
Multiple private offices across three finished levels
Five bathrooms plus a conference room with kitchenette
Approximately 22‑foot open‑air porch connected to an upper‑level office
11 dedicated off‑street parking spaces
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Renovated Office Building
Updated: Sep 15
Renovated Office Building

45 Albion, Wakefield, MA 01880

$1,099,000
Extensively renovated in 2024 with a second‑floor addition and updated major building systems
Multi‑level layout with private offices, conference room, kitchenette, and storage or utility space
Approximately 22‑foot open‑air porch connected to a corner office with private bathroom
11 dedicated off‑street parking spaces
One block from Main Street with restaurants, shops, and everyday amenities nearby
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See hot listings in Wakefield

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Local Demand available after sign in
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Wakefield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Melrose Office Suite Condo
Melrose Office Suite Condo

830 Main St # 1, Melrose, MA 02176

$899,000
2,058 sqft

Office suite near hospital, public transit, and downtown Melrose.

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Downtown Office Suite with Parking
Downtown Office Suite with Parking

36 Woburn St Unit LL5, Reading, MA 01867

Contact for pricing
564 sqft

Lower-level office suite with a private waiting room, reception area, multiple offices, and client parking.

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Melrose Office Suite Condo
Melrose Office Suite Condo

830 Main St # 1, Melrose, MA 02176

$899,000
2,058 sqft

Office suite near hospital, public transit, and downtown Melrose.

View details
Medical Office Condo with Exam Rooms
Medical Office Condo with Exam Rooms

20 Pondmeadow Dr, Reading, MA 01867

Contact for pricing
1,666 sqft

First-floor medical office condominium with treatment rooms, private offices, reception, and patient waiting areas.

View details

Wakefield, MA Medical Office Space Market Trends and Statistics

Explore 2 medical office space for sale in Wakefield, MA on our real estate platform.

Sale prices for medical spaces in Wakefield, MA average $1,099,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 26
Office buildings 7
Medical Office Space 4
Coworking space 2
Creative space 1

Demographics Overview

Population 27K
Population Growth (5Y) +2.3%
Median Household Income $130,419
College Educated 82.2%

High-Yield Neighborhoods for Investment

Identify Wakefield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01880 $1.1M

Taxes & Financing

Tax Rate (average for all types) 2.08%
Property Tax per SF $19.74 per SF
Tax Rate vs County Average 0.32 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Middlesex County

New Delisted

Total CRE Inventory on Market (SF)

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