Commercial Sale at 7 Foster Street, Wakefield MA 01880
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38 photos

$799,000

7 Foster Street, Wakefield MA 01880
Wakefield, MA 01880
Listed by John Veneziano
Bedrooms
N/A
Bathrooms
N/A
Living area
4,388 sqft
Year built
9999

About this home

Rare opportunity in the heart of downtown Wakefield. This distinctive 4,388 SF, 3-story building of historic significance offers exceptional flexibility with expansive open space on each floor suited to a wide range of commercial uses. Thoughtfully updated for today's needs, the property also features additional attic space plus a full-height walk-out basement, providing outstanding storage and future possibilities. Each level offers multiple layout options, including kitchen area, multiple bathrooms and abundant storage, making it well suited for professional, creative, educational, nonprofit, wellness, or other commercial uses (buyer to perform due diligence). A truly unique opportunity where versatility and a premier downtown location create exceptional owner-occupant or investment potential. Possible additional parking available.

Property details

MLS
MLS Property Information Network
MLS #
73552647
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
92
On market date
July 21, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.08 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Walton
0.79 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
216
Student:teacher ratio
15.4:1
District
Wakefield
Middle
Galvin Middle School
0.23 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,061
Student:teacher ratio
11.9:1
District
Wakefield
High
Wakefield Memorial High
1.16 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
846
Student:teacher ratio
11.0:1
District
Wakefield

Walkability

Blended score for Wakefield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

98
Highly walkable
out of 100
EPA National Walkability Index
19.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks10
Schools12
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Wakefield, from live MLS data.

On the market 92 days -- 17 more days than Wakefield's current average of 75 days.
For reference, the median list price across 173 active listings in Wakefield right now is $639,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,962/mo
$159,800 down
$639,200 loan
Principal & interest$4,146
Property tax (est.)$666
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.