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7 Foster Street, Wakefield MA 01880

Wakefield, MA 01880
$849,900
Est. $5,723/month
4,388
Sq Ft
$194
Price/Sq Ft
0.08
Acres
9999
Year Built
16 hours 25 minutes
Time on Market
Active Listed Jul 21, 2026 • MLS# 73552647 Copied! • Updated Jul 21, 2026

About this home

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.

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 21, 2026
$849,900
Original listing
Agent: John Veneziano Office: REMAX Andrew Realty Services

Tax History

Year Taxes Assessment
2025 $14,703

Financial Details

Annual Property Tax
$14,703
Tax Year 2025

Facts & Features

New Construction

Home Facts

Type Commercial Sale
Year Built 9999
Living Area 4,388 sq ft
Lot Size 0.08 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $14,703
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Property Is Listed On The National Register Of Historic Places.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
Commercial Sale
Year Built
9999
Living Area
4,388 sq ft

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 9999
Structure Type:
Exterior Materials:
Roof:
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 Surface:

Parking & Garage

Parking Features:
School District
Wakefield School District local
A-
School Safety 2024-25
0.5% Low
0.5% Suspensions 0.3% In-School
5.0% below state avg
E

Elementary Schools

6 schools
St. Joseph Elementary School
0.4 mi
Grades PK-08
B+
Walton School
0.8 mi | #293 of 824 | Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students Less Diverse
Rising School
Grades K-04
Early Childhood Center at the Doyle School
0.8 mi
128 students Moderate
Grades PK
A
Dolbeare School
1.1 mi | #153 of 824 | Score: 57.0
Improved 41 spots from last year
-1.2 below state avg
443 students Less Diverse
Rising School
Grades K-04
A-
Woodville School
1.1 mi | #192 of 824 | Score: 55.5
Improved 38 spots from last year
-2.7 below state avg
456 students Moderate
Rising School
Grades PK-04
A-
Greenwood School
1.6 mi | #194 of 824 | Score: 55.4
Improved 55 spots from last year
-2.8 below state avg
227 students Less Diverse
Rising School Strong Attendance
Grades K-04
M

Middle Schools

1 school
A-
Galvin Middle School
0.2 mi | #79 of 352 | Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students Moderate
Strong Attendance
Grades 05-08
H

High Schools

4 schools
EMARC - Life Choices & Employment Services
0.1 mi
Grades 09-12
Nazareth Academy
0.9 mi
Grades 09-12
A-
Wakefield Memorial High School
1.4 mi | #79 of 346 | Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
B+
Northeast Metropolitan Regional Vocational High School
1.6 mi | #141 of 346 | Score: 56.5
Improved 81 spots from last year
-1.7 below state avg
1,381 students Diverse
17 sports • 1,818 athletes
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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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 $1,225
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

Interest
Principal
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

7 Foster Street, Wakefield MA 01880

Wakefield, MA 01880

Listing Information

Listing Agent John Veneziano
Listing Office REMAX Andrew Realty Services
Office Phone 781-395-7676
Agent MLS ID B0527470
Office MLS ID AC2354
Listing Data Updated Jul 21, 2026 11:11 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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