Commercial Sale at 152 Albion St, Wakefield MA 01880
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18 photos

$3,300,000

152 Albion St, Wakefield MA 01880
Wakefield, MA 01880
Listed by James Joly
Bedrooms
N/A
Bathrooms
N/A
Living area
2,436 sqft
Year built
1972

About this home

This is a Landmark Building across from the Wakefield Train Station and is zoned Industrial, offering many potential uses. The lot is a flat 20,051 sq. ft. parcel with a 2,436+- sq.ft. freestanding Building on it. There is currently parking for 40+- cars. Most likely the current building is expandable and the parcel also offers development potential as a multi level 24+- unit apartment/condominium site. This site has quite a history to it as it was where Friendly's Ice Cream & Restaurant was located for many years. Prior to that, it was the original site of the Crystal Lumber Co. Please go by the outside of the building first and if interested in seeing the inside, Please Call. BUILDING FOR SALE ONLY, NOT BUSINESS.

Property details

MLS
MLS Property Information Network
MLS #
73470161
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
274
On market date
January 20, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.46 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
0.68 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
0.24 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
1.3 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).

70
Walkable
out of 100
EPA National Walkability Index
9.8 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks10
Schools14
Transit stops20
Pharmacies3

Market position

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

On the market 274 days -- 199 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
$20,023/mo
$660,000 down
$2,640,000 loan
Principal & interest$17,123
Property tax (est.)$2,750
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 12, 2026.

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.