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21-21A Princess St

Wakefield, MA 01880
  • $999,000
  • STATUS: Active
  • MLS #: 73184413
UPDATED: 23 min ago
$999,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,600
    SQFT
  • $217
    $/SQFT
Type:
Business Opportunity
County:

School Ratings & Info

Listing courtesy of Richard Spinosa of Realty Direct Somerville.

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.

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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. Data last updated 2024-05-21T16:04:32.123.
www.brianflynnteam.com/homes/145672281
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21-21A Princess St Wakefield, MA 01880

  • Price: $999,000
  • Status: Active
  • On Site: Days
  • Updated: 23 min ago
  • MLS #: 73184413
0
Beds
0
Baths
0
½ Baths
0.08
Acres
4,600
SQFT
$217
$/SQFT
County:
Middlesex
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.
Exterior Features

Parking Total 1 Waterfront YN No

Property Features

Business Type Restaurant w/Liquor Buyer Agency Compensation 2 Disclosures $87000 is potential annual income. Listing agent has ownership interest. Home Warranty YN No Senior Community YN No Sub Agency Compensation 2 Tax Annual Amount 11080 Tax Year 2023 Transaction Broker Compensation 0 Zoning B

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Richard Spinosa of Realty Direct Somerville: 508-493-1090.


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. Data last updated 2024-05-21T16:04:32.123.
 
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The Brian Flynn Team | LAER Realty Partners
533 Main Street, Suite 201
Reading MA, 01867
Listing courtesy of Richard Spinosa of Realty Direct Somerville.