$5,500,000
( )
 $29,525 est/mo Sourced by Back At You

414-416 Main St,Wakefield, MA 01880

Wakefield, MA 01880

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Description

An exceptional opportunity to acquire a landmark 42-unit commercial building at the heart of downtown Wakefield. Originally constructed by Cyrus Wakefield, the industrialist after whom the Town of Wakefield was named in 1868, this property represents a rare convergence of historical significance, stable multi-tenant income, and a compelling rent-upside story that gives a buyer an immediate, low-risk path to value creation. The building is mostly tenancy at will. Those who have walked through the Wakefield Building invariably come away with something beyond a financial impression. The craftsmanship is immediate and undeniable - the massiveness of the structure, the robust mechanical systems, the sweeping staircases, the warmth of real wood throughout. There is a soul to this building that no modern construction can replicate, and visitors feel it instinctively. It is the rare quality of something built without compromise, in an era when buildings were made to last centuries.

Details

MLS #73504805
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site153
Listing Provided ByMcCaul & Mounsif Real Estate Group LLC | McCaul & Mounsif Real Estate Group

Features

ZoningB
Acreage0.29

Exterior

RoofRubber

Utilities

UtilitiesPublic Water, Public Sewer

Taxes

Tax Annual Amount85090
Tax Year2025

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityWakefield
Zip Code01880
AreaMiddlesex
Listing VS Median (in 01880)
Price:
$5,500,000
low | high
Med:
$699,900
100% of Average
On site:
153
low | high
Med:
24.5
100% of Average
Sourced by Back At You

Market Activity 01880

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Additional Information

Showing Information

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyMiddlesex
CityWakefield
Zip Code01880
AreaMiddlesex
Listing VS Median (in 01880)
Price:
$5,500,000
low | high
Med:
$699,900
100% of Average
On site:
153
low | high
Med:
24.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $4.125M - $6.875M
sqft: 0 - 0
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385 Main St. # 2
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385 Main St. Property Photo 1
$2,500
385 Main St.
Wakefield, MA 01880
Listing Updated: September 6, 2026 at 9:46:19 PM PDT