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50 Quannapowitt 4.55 Acres of Commercial Land Offered at $3,750,000 in Wakefield, MA 01880

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INVESTMENT HIGHLIGHTS

Location, Location, Location

Visibility & Exposure

EXECUTIVE SUMMARY

Discover a prime development opportunity with 4.5 acres of land for sale at 50 Quannapowitt Parkway, Wakefield, MA. This property offers approximately 198,320 square feet with significant street frontage along Quannapowitt Parkway and North Avenue. Zoned for Limited Business (LB), it supports a wide range of potential uses including office, health care, assisted living, apartments, retail, restaurant, hotel, and research labs. The site is strategically located along Route 128 (I-95), just two exits from Interstate 93, providing excellent regional connectivity. Key neighboring businesses include Home Depot, Jordan’s Furniture, Market Basket, and Stop & Shop, ensuring high visibility and consumer traffic. The area boasts strong demographics, with a population of over 42,000 within a 2-mile radius and average household incomes exceeding $140,000. Flexible zoning allows for substantial building coverage and height, making this an ideal site for ambitious projects. For more information, contact Michael Tammaro, Vice President at Related Beal (mtammaro@relatedbeal.com, 617-399-9523). Don’t miss this rare opportunity to invest in a thriving commercial corridor

230421_Wakefield Flyer

Survey Plan - 50 Quannapowitt Wakefield

PROPERTY FACTS Under Contract

Price	$3,750,000	Property Subtype	Commercial
Sale Type	Investment	Total Lot Size	4.55 AC
No. Lots	1	Cross Streets	North Avenue
Property Type	Land
Zoning	Limited Business - LB - Due diligence related to zoning, building, conservation, etc. will be the responsibility of potential buyers.

Price	$3,750,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	4.55 AC
Cross Streets	North Avenue
Zoning	Limited Business - LB - Due diligence related to zoning, building, conservation, etc. will be the responsibility of potential buyers.

1 LOT AVAILABLE

Lot

Price	$3,750,000	Lot Size	4.55 AC
Price Per AC	$824,175.82

Price	$3,750,000
Price Per AC	$824,175.82
Lot Size	4.55 AC

Prime development opportunity with 4.5 acres of land for sale at 50 Quannapowitt Parkway, Wakefield, MA. This property offers approximately 198,320 square feet with significant street frontage along Quannapowitt Parkway and North Avenue. Zoned for Li

DESCRIPTION

50 Quannapowitt Parkway is conveniently located along Route 128 (Route 95), at the North Avenue | Wakefield on/off ramps and just 2 exits from Interstate Route 93, approximately 3 miles south of the property. Key "neighbors" are Home Depot, Jordan's Furniture, Crossing @ Walkers Brook (retail), Market Basket and Stop & Shop. Property has 4.55 acres in total with approximately 1 acre being wetlands. Due diligence with the town related to potential uses, zoning, building, conservation, etc. will be the responsibility of potential buyers. Vehicular access on and off the property for a new development is currently via documented easement between the 50Q and 100Q parcels. Potential uses may include: office, health care, assisted living, apartments, retail, restaurant, hotel and research labs.

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