Property summary
This exceptional 98,000 USD commercial property at 380 Lowell Street, Unit 202a, Wakefield, MA, presents a rare opportunity for business owners. The second-floor space boasts a generous layout ideal for professional use, featuring three distinct rooms. A welcoming reception area at the entrance provides a professional first impression. Two additional private offices offer ample space for individual work or client meetings. The unit includes a convenient storage closet and additional attic storage, perfect for files, equipment, or supplies. Recent upgrades include numerous newer Harvey windows (less than one year old), ensuring abundant natural light and energy efficiency. Two updated bathrooms add to the convenience and functionality of the space. Ample parking is available for staff and clients. The property's strategic location offers easy access to the Commuter Rail, Route 128, Downtown Wakefield, and a variety of local restaurants. A security system with remote accessibility provides peace of mind. This is a truly unique opportunity to own a well-appointed office space in a highly desirable location, eliminating the ongoing costs of renting. Don't miss this chance to establish your business in a prime Wakefield setting.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Law Firm
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Medical Clinic
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Environmental Consultant
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Law Firm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
b) negotiate in good faith for shared use by third parties; c) allow shared use if an applicant for shared use agrees in writing to pay reasonable rental charges or other consideration and to pay all costs of adapting th…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B · Wakefield, MAb) negotiate in good faith for shared use by third parties; c) allow shared use if an applicant for shared use agrees in writing to pay reasonable rental charges or other consideration and to pay all costs of adapting th…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
b) negotiate in good faith for shared use by third parties; c) allow shared use if an applicant for shared use agrees in writing to pay reasonable rental charges or other consideration and to pay all costs of adapting th…
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