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$5,900,000
10 Days On Site

414-416 Main St
Wakefield, MA 01880

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1900
Built
County:
Middlesex

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(978) 927-1959
414-416 Main St414-416 Main St414-416 Main St414-416 Main St
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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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Listing Snapshot
Price 
$5,900,000
Days On Site 
10 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.29 Acres
Year Built 
1900
MLS® Number 
73504805
Status 
Active
Property Tax 
$85,090
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.29
Disclosures 
Rent roll and income/expenses will be shared upon signature of NDA. We are exploring with the Town of Wakefieldresidential-over-commercial conversion. Square footage is approximative. All documents are provided for informational purpose only. Buyer and Buyer Agent to do due diligence.
Sewer 
Public Sewer
Water Source 
Public
Zoning 
B
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Exterior Features
Roof 
Rubber
Listing courtesy of McCaul & Mounsif Real Estate Group of McCaul & Mounsif Real Estate Group LLC



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Last checked 2026-05-02 03:46 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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