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Key Details
Sold Price $865,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,600 sqft
Price per Sqft $188
MLS Listing ID 73183156
Sold Date 10/23/24
HOA Y/N false
Year Built 1880
Annual Tax Amount $11,080
Tax Year 2023
Lot Size 3,484 Sqft
Acres 0.08
Property Description
PRICE REDUCTION.......Mixed use building with equipped RESTAURANT in the heart of Wakefield Center!! 2 large apartments upstairs, each with 5 rooms/2 bedroom/1 bath generating $3725 combined monthly income. Both residential units are separately heated with newer systems and is equipped with it's own electric panel. The commercial space on the ground floor in this pedestrian friendly community and is currently set up as a restaurant business with usage of the basement where there is plenty of storage and freezer spaces. Restaurant is handicap accessible, includes 2 patron restrooms, and is currently vacant. This building's roof was replaced 3 years ago. Full sprinkler system is in place.
Location
State MA
County Middlesex
Zoning B
Direction off main street in Wakefield Center
Exterior
Utilities Available Public Water, Public Sewer, 220 Volts
Total Parking Spaces 1
Others
Senior Community false
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Bought with Richard Spinosa • Realty Direct Somerville
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Ryan Askew
Sales Associate | License ID: 9578345
Sales Associate License ID: 9578345