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Searching for an investment providing exceptional flexibility with virtually limitless residential and commercial uses, all packaged within a single asset? Look no further than 50 Albion St. Situated along a high-traffic corridor steps from Wakefield Center, this versatile space features a first floor open-concept floor plan, suitable for a variety of uses, including boutique retail, caf, medical, legal, or professional services. With five bedrooms on the second and third floors, coupled with a full kitchen and full bath, it offers live-work potential, perfect for entrepreneurs desiring the convenience of living and operating a business within the same property. Residents and business owners alike can enjoy convenient access to schools, banks, a library, parks, eateries, coffee shops, and other local amenities, all within walking distance. Add parking for more than a dozen vehicles, a short walk to Boston's commuter rail and easy access to major highways, and this becomes a must see!

More Info

Basic Information

  • Bedrooms5
  • Mls StatusNew
  • Bathroom2
  • Lot Features Gentle Sloping
  • Parcel Number M:000012 B:0081 P:000161,817037
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $747,800
  • Tax Year 2025
  • Taxes$16,272

School Information

  • High School Wmhs
  • High SchoolWakefield
  • Junior HighGalvin

Parking

  • Parking Spaces14
  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Attached, Under, Paved Drive, Off Street, Paved

Rooms

  • Bathroom 1 First,5.5 x 10
  • Bathroom 2 Second,5.5 x 10
  • Bathrooms Total Decimal 2
  • Bedroom 2 Second,11 x 12.33
  • Bedroom 3 Second,11.75 x 14
  • Bedroom 4 Third,12.5 x 12.75
  • Bedroom 5 Third,16.25 x 13.33
  • Family Room Main, First,14.5 x 12.5
  • Full Bath2
  • Kitchen Second,15.5 x 13
  • Living Room Main, First,18 x 29
  • Master Bedroom Second,14.5
  • Office Second,8.5 x 7.25

Basic Information

  • List Price$990,000
  • MLS Number73524465
  • Modification Date05/27/2026
  • Property SubTypeSingle Family Residence

Location

  • Address50 Albion Street
  • Building Number50
  • CountyMiddlesex
  • StateMA
  • StreetAlbion Street
  • TownWakefield
  • Zip01880

Building

  • Attached Garage YN Yes
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Garage Spaces2
  • Patio And Porch Features Deck
  • Property StyleColonial
  • Rooms10
  • Utilities For Electric Range, For Electric Oven, For Electric Dryer
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.2

Interior

  • Flooring Tile, Vinyl, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile, Laminate
  • Interior Features
    • Bonus Room
    • Entry Hall
    • Finish - Sheetrock
    • Internet Available - Broadband
    • Internet Available - Satellite
    • Lighting - Overhead
    • Lighting - Pendant
    • Office
    • Peninsula
    • Recessed Lighting

Exterior

  • Exterior Features Deck, Rain Gutters
  • RoofShingle

Utilities

  • Cooling Central Air, Wall Unit(s), Ductless
  • Cooling YN Yes
  • Electric 200+ Amp Service
  • Heat SystemYes
  • Heating Central, Hot Water, Oil
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Square Feet3,341
  • Building Area Source Public Records
  • Living Area 3,341
  • Lot Size Square Feet 8,716
  • Lot Size Units Acres
  • Property Condition Updated/Remodeled
  • Road Responsibility Public Maintained Road

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
  • Appliances IncludedRange, Washer, Dryer

Other

  • Date Listed05/27/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by James Fitzgerald of Barrett,Chris. J.,REALTORS®

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