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7 Foster St 5,000 SF Office Building Wakefield, MA 01880 $849,900 ($169.98/SF)
Executive Summary
Rare opportunity in the heart of downtown Wakefield. This distinctive 4,388 SF, 3-story building of historic significance offers exceptional flexibility with expansive open space on each floor suited to a wide range of commercial uses. Thoughtfully updated for today's needs, the property also features additional attic space plus a full-height walk-out basement, providing outstanding storage and future possibilities. Each level offers multiple layout options, including kitchen area, multiple bathrooms and abundant storage, making it well suited for professional, creative, educational, nonprofit, wellness, or other commercial uses (buyer to perform due diligence). A truly unique opportunity where versatility and a premier downtown location create exceptional owner-occupant or investment potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,000 SF
Building Class
C
Year Built
1838
Price
$849,900
Price Per SF
$169.98
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,667 SF
Building FAR
1.53
Lot Size
0.08 AC
Zoning
B - Business
Parking
2 Spaces (0.4 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | WAKE-000012-000078-000165 | Improvements Assessment | $430,700 |
| Land Assessment | $245,000 | Total Assessment | $675,700 |
Property Taxes
Parcel Number
WAKE-000012-000078-000165
Land Assessment
$245,000
Improvements Assessment
$430,700
Total Assessment
$675,700
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Contact the Sale Advisor
7 Foster St