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

414-416 Main St

^$ 5,900,000

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414-416 Main St

Wakefield, MA, 01880

^$ 5,900,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 36,327

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Commercial Property for sale in Wakefield, MA

for $5,900,000. This building was built in 1900 on a lot size of 0.29.

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.

Commercial Active

Price

^$ 5,900,000

Property Type

Commercial

Taxes

^$ 85,090

Style

Commercial

Lot Size

0.29

Year Built

1900

Town/City

Wakefield

County/Region

Middlesex

MLS | Web ID

73504805

List By

McCaul & Mounsif Real Estate Group

Listing Agent

Nadia Mounsif

Broker

Affordability Calculator

$43,418

Per Month

Monthly Principal & Interest: $36,327
Monthly Property Taxes: $7,091
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Commerical listings in Wakefield, MA

Average List Price ^$3,133,300

Percent of Sale Price 47%

About Wakefield, MA

27,314 Population

10% Since 2002

^$92,977 Median Income

44.22 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
4/21/2026	$5,900,000		Listed Price

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414-416 Main St, Wakefield, MA, 01880 is a Commercial Property for sale at $5,900,000 with a lot size of 0.29. 414-416 Main St was built in 1900. The property's zip code is 01880 which is in Wakefield, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 4/23/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 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 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, or as to the accuracy of any of the Images, set forth herein.

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414-416 Main St

Commercial Property for sale in Wakefield, MA

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