Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Banks

    500 Main St, Wakefield, MA 01880-3593

    2,414 SF 0.55 ac lot Built 2021
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US38-1356463
    Property summary
    AI-generated overview

    This exceptional 10,000 square foot retail space is ideally situated at 500 Main Street in Wakefield, Massachusetts, within Middlesex County. Currently entirely vacant, this property presents a unique opportunity for a single tenant or multiple tenants seeking a high-profile location. The building's street-level retail configuration ensures maximum visibility and accessibility for customers. The entire 10,000 square feet is available for lease, offering significant flexibility for businesses requiring substantial space. The property's address, 500 Main Street, places it in a bustling commercial area of Wakefield, offering convenient access for both customers and employees. The zip code is 01880. This property is classified as street retail and is categorized as multiple tenancy, allowing for diverse business configurations. The building's size and location make it suitable for a wide range of retail uses, from large-format stores to smaller boutiques or a combination thereof. The property's prime location in Wakefield, MA, offers excellent visibility and accessibility, making it an attractive option for businesses seeking to establish or expand their presence in this thriving community. This is a rare opportunity to secure a significant retail space in a desirable location. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 2021
    Construction STEEL FRAME
    Total area 2,414 SF
    Lot 0.55 ac (24,163 SF)
    Zoning code B
    APN WAKE M:000018 B:228A P:006C6E
    UPID US38-1356463
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Santander Bank Branch Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Mbar Wakefield LLC · 6 yrs held
    Mbar Wakefield LLC
    since 2019
    1 recorded transaction
    2019
    $1.5M
    Zoning & alternative use
    B · Wakefield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 500 Main St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message