Wakefield Commercial Property for Sale

7 Days on Boardwalk Properties

414-416 Main St, Wakefield, MA 01880
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$5,900,000

Type: Commercial

Lease Type N/A

SQFT: N/A

N/A Restrooms

Parking: N/A

Property Description

An exceptional opportunity to acquire a landmark 42-unit commercial building at the heart of downtown Wakefield. Originally constructed by Cyrus Wakefield, the industrialist after whom the Town of Wakefield was named in 1868, this property represents a rare convergence of historical significance, stable multi-tenant income, and a compelling rent-upside story that gives a buyer an immediate, low-risk path to value creation. The building is mostly tenancy at will. Those who have walked through the Wakefield Building invariably come away with something beyond a financial impression. The craftsmanship is immediate and undeniable — the massiveness of the structure, the robust mechanical systems, the sweeping staircases, the warmth of real wood throughout. There is a soul to this building that no modern construction can replicate, and visitors feel it instinctively. It is the rare quality of something built without compromise, in an era when buildings were made to last centuries.

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Property Information

Type: Commercial
Location: Legal Conforming
MLS ID#: 73504805

Construction & Utilities

Utilities: Public Sewer, Public Water

Property History tap to expand

Date	Event	Price	Price/Sq Ft	Source
04/25/2026	Active	$5,900,000		MLSPIN
04/21/2026	New	$5,900,000		MLSPIN

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Seller's Representative: McCaul & Mounsif Real Estate Group, McCaul & Mounsif Real Estate Group LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-04-25 03:05:00

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143 Harvard Avenue
Allston, MA 02134
(617) 566 5333