21-21A Princess St Wakefield, MA ^$ 949,000

21-21A Princess St

^$ 949,000

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21-21A Princess St

Wakefield, MA, 01880

^$ 949,000

Studio Baths0.0 Sq 4,600

Monthly Estimate*

^$ 6,307

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Studio

Commercial Property for sale in Wakefield, MA

for $949,000. This 4,600 square foot building was built on a lot size of 0.08.

Opportunity is knocking.......Mixed use building with equipped RESTAURANT in downtown Wakefield!! 2 large apartments upstairs each with 5 rooms/2 bedroom/1 bath generating monthly income. Residents currently are TAW fetching $3700 gross income which could be increased. Both are separately heated with newer systems and is equipped with it's own electric panel. The commercial space on the ground floor is currently set up as a restaurant business with usage of the basement space as well. There is plenty of storage and freezer spaces. Restaurant is handicap access, includes 2 patron restrooms, and is currently vacant. This building's roof was replaced 3 years ago. Full sprinkler system is in place.

Commercial Active

Price

^$ 949,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,080

Style

Restaurant w/Liquor

Lot Size

0.08

Town/City

Wakefield

County/Region

Middlesex

MLS | Web ID

73184413

List By

Richard Spinosa

Listing Agent

Realty Direct Somerville

Broker

Affordability Calculator

$7,231

Per Month

Monthly Principal & Interest: $6,307
Monthly Property Taxes: $923
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Commerical listings in Wakefield, MA

Average List Price ^$1,045,560

Percent of Sale Price 10%

About Wakefield, MA

27,314 Population

10% Since 2002

^$92,977 Median Income

44.22 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
5/31/2024	$949,000	-5.01%	Price Down
12/12/2023	$999,000	-9.18%	Price Down
12/1/2023	$1,100,000		Listed Price

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21-21A Princess St, Wakefield, MA, 01880 is a Commercial Property for sale at $949,000 with 4,600 sqft and a lot size of 0.08. 21-21A Princess St is a studio with 0.0 baths. The property's zip code is 01880 which is in Wakefield, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/9/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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21-21A Princess St

Commercial Property for sale in Wakefield, MA

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