7 Foster Street, Wakefield MA 01880

Wakefield, MA 01880
$849,900
$799,000
Est. $5,465/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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4,388
Sq Ft
$182
Price/Sq Ft
0.08
Acres
9999
Year Built
60
Days on Market
For Sale Price Drop -$50,900 Listed Jul 21, 2026 • MLS# 73552647 Copied! • Updated Sep 17, 2026

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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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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
6%
Price Range

Property Timeline

Price Reduced
Sep 17, 2026
$799,000 $50,900 (-5.99%)
From $849,900 to $799,000 (-6.0%)
🏠
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 And Passed Fire.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

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

Floor Layout

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:
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Lot Features:
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 $1,225
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 Sep 17, 2026 12:46 PM 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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Steve Novak Real Estate
Steve Novak Real Estate
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