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Downtown Wakefield Turnkey Office 36 W Water St 2,400 SF Office Building Wakefield, MA 01880 $750,000 ($312.50/SF)
EXECUTIVE SUMMARY
36 W Water Street presents the opportunity to own a turn-key single-story brick office building in the heart of downtown Wakefield. The offering consists of fee simple ownership of the left half of the building and its corresponding land area (see images). This is not a condo - each party owns their respective half of the structure and land outright. Recently renovated, this 2,400± SF building offers a high-end professional environment with a flexible layout that includes five private offices, a conference room, a central bullpen area, kitchenette, and two restrooms. The recent renovation—completed with commercial-grade finishes, new mechanicals, and contemporary design delivers a move-in-ready workspace ideal for law, accounting, design, or tech firms. Building can be delivered vacant with 120 days notice to tenant.
Situated on a 7,423± SF business-zoned lot with on-site parking for 8+/- cars, the property combines convenience and visibility within Wakefield’s established downtown business district. With its durable brick-and-masonry construction, updated systems, and efficient floor plan, this property allows an owner-occupant to control their real estate costs while providing clients and employees a polished, accessible location.
Situated on a 7,423± SF business-zoned lot with on-site parking for 8+/- cars, the property combines convenience and visibility within Wakefield’s established downtown business district. With its durable brick-and-masonry construction, updated systems, and efficient floor plan, this property allows an owner-occupant to control their real estate costs while providing clients and employees a polished, accessible location.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
2,400 SF
Building Class
B
Year Built/Renovated
1940/2023
Price
$750,000
Price Per SF
$312.50
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,400 SF
Building FAR
0.31
Lot Size
0.18 AC
Zoning
C - Commercial Business B
1 1
Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | WAKE-000012-000027-A000000-000031A | Improvements Assessment | $128,600 |
| Land Assessment | $300,800 | Total Assessment | $429,400 |
PROPERTY TAXES
Parcel Number
WAKE-000012-000027-A000000-000031A
Land Assessment
$300,800
Improvements Assessment
$128,600
Total Assessment
$429,400
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Downtown Wakefield Turnkey Office | 36 W Water St
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