36 W Water Street presents the opportunity to own a turn-key single-story brick office building in the heart of downtown Wakefield. Recently renovated, this 2,400± SF building offers a high-end professional environment with a flexible layout w/ 5 private offices, a conference room, a bullpen area, kitchen, and 2 restrooms. Recently renovated with commercial-grade finishes, new mechanicals, and contemporary design delivers a move-in-ready workspace ideal for law, accounting, design, or tech firms. Situated on a business-zoned lot with on-site parking for 8+/- cars. This property allows an owner-occupant to control their real estate costs while providing clients and employees a polished, accessible location. Building can be delivered vacant with 120 days notice to tenant. The offering consists of fee simple ownership of the left half of the building and its corresponding land area(see image). This is not a condo—each party owns their respective half of the structure and land outright.
36 W Water St, Wakefield, MA, 01880
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
