45 Albion St, Wakefield, MA 01880
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$1,499,000
Type: Office
Triple Net Lease (NNN)
SQFT: N/A
5 Restroom
Parking: N/A

Property Description

Virtually turn key office building in the Albion St., Wakefield Business district. Close proximity to downtown and commuter rail. 45 Albion St., has been completely renovated with new 2nd floor addition in 2024. New Hardie board siding, PVC trim, windows, roof, trex decking, plumbing, wiring, mini splits, life proof vinyl floors throughout and motion controlled security lighting. The 1,500 S/F 1st floor consists of 2 story open concept entry foyer with winding staircase, reception area, 5 offices, 2 lavs, 1 with exclusive office access. The 1,200 S/F 2nd flr has 4 offices, 2 lavs including 1 executive corner office w/ private lav and 22 foot open air open porch. The lower level is finished with a 25X14, conference room/kitchenette, office and utility room. Additionally, there is an outside employee patio and seating area. This building is ideally suited for a single use tenant but could fairy easily be morphed in a multi use tenant situation. Off-street parking for 10/11 cars.

Property Details tap to expand

Property Information

  • Type: Office
  • Location: Legal Conforming
  • MLS ID#: 73419549

Financial

  • Gross Annual Income: 96000
  • Lease Type: Triple Net Lease (NNN)

Construction & Utilities

  • Utilities: Public Sewer, Public Water, Water Available

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/27/2026Price Change$1,499,000MLSPIN
04/14/2026Active$1,695,000MLSPIN
04/10/2026Price Change$1,695,000MLSPIN
04/07/2026Expired$1,795,000MLSPIN
02/12/2026Active$1,795,000MLSPIN
02/08/2026Reactivated$1,795,000MLSPIN
02/07/2026Expired$1,795,000MLSPIN
12/09/2025Active$1,795,000MLSPIN
12/05/2025Extended$1,795,000MLSPIN
11/10/2025Active$1,795,000MLSPIN
11/06/2025Price Change$1,795,000MLSPIN
08/23/2025Active$1,850,000MLSPIN
08/19/2025New$1,850,000MLSPIN

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Seller's Representative: Christopher Barrett, Barrett, Chris. J., REALTORS®
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-05-27 09:18:00