Address
21-21A Princess St, Wakefield, MA
Price
$ 999,000
Property Attributes
- MLS#73184413
- TypeBusiness Op
- CountyMIDDLESEX
- CityWakefield
- Zip01880
- StyleRestaurant w/Liquor
- Taxes$ 11080
- Price$ 999,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4600
- Lot Size3,485 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Opportunity is knocking.......Mixed use building with equipped RESTAURANT in downtown Wakefield!! 2 large apartments upstairs each with 5 rooms/2 bedroom/1 bath generating monthly income. Residents currently are TAW fetching $3700 gross income which could be increased. Both are separately heated with newer systems and is equipped with it's own electric panel. The commercial space on the ground floor is currently set up as a restaurant business with usage of the basement space as well. There is plenty of storage and freezer spaces. Restaurant is handicap access, includes 2 patron restrooms, and is currently vacant. This building's roof was replaced 3 years ago. Full sprinkler system is in place.
| Price History | |
|---|---|
| 12/1/2023 | Listed $1,100,000 |
| 12/12/2023 | 10% - $999,000 |
General Features
| Zoning | B |
|---|---|
| Year Built | 9999 |
| Tax Year | 2023 |
| Business Type | Restaurant w/Liquor |
| County | Middlesex |
| Property Type | Business Opportunity |
| Status | Active |
| Directions | off main street in Downtown Wakefield |
| City | Wakefield |
| Disclosures | $87000 is potential annual income. Listing agent has ownership interest. |
| Senior Community Y/N | No |
| Lot Size Square Feet | 3537 |
| Waterfront Y/N | No |
| Street Name | Princess St |
| Tax Annual Amount | 11080 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 142 |
Exterior Features
| Total Parking | 1 |
|---|---|
| Lot Size Area | 0.08 |
| Lot Size Acres | 0.08 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Business Op Average in 01880
Price
Taxes
Visits
Massachusetts MLS Property Info Network (MLSPIN) - 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
