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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 offers development potential as a multi story 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.
Current real estate data for Commercial in Wakefield as of Jan 26, 2026
5
Commercial Listed
125
Avg DOM
1,396
Avg $ / SqFt
$1,539,250
Avg List Price

Property Details

Price:
$3,400,000
MLS #:
73470161
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Jan 20, 2026
Finished Sq Ft:
2,436
Total Sq Ft:
2,436
Lot Size:
20,051 sqft / 0.46 acres (approx)
Year Built:
1972

Schools

Interior

Exterior

Roof
Asphalt/Composition Shingles

Financial

Tax Year
2025
Taxes
$11,946

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Property Summary

    152 Albion St Wakefield MA is a Commercial for sale in Wakefield, MA, 01880. It is listed for $3,400,000 To schedule a showing of MLS#73470161 at 152 Albion St in Wakefield, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
152 Albion St
Wakefield, MA