- 1900
- year built
- Status:
- Active
- MLS #:
- 73577619
- County:
- Middlesex
- Listed By:
- Michelle Draper Realty Team - Keller Williams Realty Evolution
- Agent Phone:
- (978) 857-8569
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
45 Albion Street is a beautifully renovated and highly versatile commercial property in one of Wakefield’s most convenient locations. Whether you are looking for a new home for your business, professional office, medical practice, investment property, or a combination of uses, this property offers an impressive amount of flexibility. The property was extensively renovated in 2024, including a new second-floor addition, Hardie board siding, windows, roof, Trex decking, plumbing, electrical, mini-split heating and cooling, flooring, and exterior security lighting. The result is a move-in-ready property with many of the major improvements already taken care of. The first floor features a welcoming two-story entry, multiple private offices, and two bathrooms. The second floor adds additional private offices, two bathrooms, and a large corner office with its own private bathroom and access to an approximately 22-foot open-air porch. The finished lower level provides additional office space, a large conference room with kitchenette, and storage/utility space. Parking is a major advantage, with 11 dedicated off-street parking spaces. In addition, there is ample street parking available throughout the surrounding area, making the property especially convenient for employees, clients, and visitors. The location is hard to beat. Just one block from Main Street, you are within easy walking distance of restaurants, shops, and everyday amenities, while the Wakefield MBTA Commuter Rail Station is approximately a quarter mile away. With its extensive recent renovations, flexible layout, dedicated parking, and outstanding location, 45 Albion Street can work for a wide range of buyers and businesses. A property you can move into, make your own, and put to work immediately.
Highlights
- Commercial Sale
- Built in 1900
- 0.13 Acre Lot
- 61 days on Market
-
- Year Built
- 1900
-
- Acres
- 0.13
-
- Utilities
- Water Available
-
- Water
- Public
-
- County
- Middlesex
-
- City
- Wakefield
-
- Zip Code
- 01880
-
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Price History
| 10/19/2026 | Price Changed | $999,000 |
| Source: MLS Property Information Network (MLS PIN) #73577619 | ||
| 09/15/2026 | Listed | $1,099,000 |
| Source: MLS Property Information Network (MLS PIN) #73577619 | ||
| 08/19/2025 | Off Market | — |
| Source: MLS Property Information Network (MLS PIN) #73419549 | ||
Source: MLS Data
Deed History
| 11/16/2022 | Quit Claim Deed (non-arm's length) | $0 |
| 06/24/2003 | Deed | $300,000 |
| 06/24/2003 | Deed | $0 |
| 07/02/2001 | Deed | $280,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 09/01/2015 | Commercial | $390,000 |
| 09/25/2008 | Commercial | $340,000 |
| 06/24/2003 | Commercial | $450,000 |
Source: Public records via Constellation Data Labs
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There are currently 88 properties available in Wakefield, with 0 under contract to close soon. Properties in the city have an average sale price of $0 and typically spend 92 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 45 Albion?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 45 Albion.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 45 Albion?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $999,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Wakefield, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 45 Albion?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 45 Albion at around $6,948. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 45 Albion?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Middlesex County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 45 Albion?
In most cases, yes. Whether 45 Albion is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Wakefield's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 45 Albion?
We can handle that for you. Our preferred local agent specializes in commercial sales in Wakefield and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
45 Albion was listed on September 15, 2026, which means it's been on the market for 61 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1900, making it approximately 126 years old.
What is the lot size of this property?
45 Albion sits on a 0.13-acre lot, which is 5,663 square feet.
What are the property taxes for 45 Albion?
The most recent public record shows annual property taxes for 45 Albion were approximately $15,160. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 45 Albion still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively 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. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS Property Information Network (MLS PIN). All rights reserved.
Last Updated: November 15, 2026 at 05:53AM | Source: MLS Property Information Network (MLS PIN) | MLS#: 73577619
