45 Albion, Wakefield MA 01880
Wakefield, MA 01880
$1,099,000
Est. $7,020/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
20
Sep
Sunday, September 20
11:00 AM - 12:30 PM EDT
About this home
45 Albion Street is a beautifully renovated and highly versatile commercial property in one of Wakefield’s most convenient locations. Whether you are looking for a new home for your business, professional office, medical practice, investment property, or a combination of uses, this property offers an impressive amount of flexibility. The property was extensively renovated in 2024, including a new second-floor addition, Hardie board siding, windows, roof, Trex decking, plumbing, electrical, mini-split heating and cooling, flooring, and exterior security lighting. The result is a move-in-ready property with many of the major improvements already taken care of. The first floor features a welcoming two-story entry, multiple private offices, and two bathrooms. The second floor adds additional private offices, two bathrooms, and a large corner office with its own private bathroom and access to an approximately 22-foot open-air porch. The finished lower level provides additional office space, a large conference room with kitchenette, and storage/utility space. Parking is a major advantage, with 11 dedicated off-street parking spaces. In addition, there is ample street parking available throughout the surrounding area, making the property especially convenient for employees, clients, and visitors. The location is hard to beat. Just one block from Main Street, you are within easy walking distance of restaurants, shops, and everyday amenities, while the Wakefield MBTA Commuter Rail Station is approximately a quarter mile away. With its extensive recent renovations, flexible layout, dedicated parking, and outstanding location, 45 Albion Street can work for a wide range of buyers and businesses. A property you can move into, make your own, and put to work immediately.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 15, 2026
$1,099,000
Original listing
Agent: Michelle Draper Realty Team
Office: Keller Williams Realty Evolution
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/15/2026 | 🏠 Listed for Sale | $1,099,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $15,160 | — |
Financial Details
Annual Property Tax
$15,160
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1900
Lot Size
0.13 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer, Water Available
Financial
Annual Tax
$15,160
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Current Lease Runs Through March 2027. Lessees Are Not Actively Using The Space, Which Is Presently Virtually Empty. Lessees Do Not Intend To Renew And Have Indicated They Are Willing To Vacate And Leave The Premises Broom-swept For The New Owner, If Desired.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Middlesex
Property Overview
Listing Type
For Sale
Year Built
1900
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Frontage:
114.00 ft
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,263
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
45 Albion, Wakefield MA 01880
Wakefield, MA 01880
Listing Information
Listing Agent
Michelle Draper Realty Team
Listing Office
Keller Williams Realty Evolution
Office Phone
978-992-4050
Agent MLS ID
TM362167
Office MLS ID
AN6888
Listing Data Updated
Sep 16, 2026 8:49 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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