7 Foster Street, Wakefield MA 01880
Wakefield, MA 01880
$849,900
Est. $5,723/month
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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
Property Timeline
Listed for Sale
Jul 21, 2026
$849,900
Original listing
Agent: John Veneziano
Office: REMAX Andrew Realty Services
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/21/2026 | 🏠 Listed for Sale | $849,900 | - | - | Original listing |
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
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
None
Financial
Annual Tax
$14,703
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Property Is Listed On The National Register Of Historic Places.
Additional Details
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
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
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:
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:
Nearby Schools
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
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
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
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
$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
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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
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 25, 2026 3:05 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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