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.
152 Albion 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.
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