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525 Salem St
Wakefield, MA 01880
For Lease

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Apartment Units
  • Apartment Units - Condo
  • Bank
  • Daycare Center
  • Fast Food
  • General Freestanding
  • Healthcare
  • Schools

PROPERTY OVERVIEW

The Mega Group has available on ground lease terms this 28,535 +/- square foot commercially zoned lot abutting Route 128. There are currently two (2) large curb cuts in place and the parcel has been cleared and covered with crushed gravel. Likely use by right is a Bank and/or Financial Institution or QSR with drive-thru by permit. Also in hand, are approvals for a 24-unit mixed-use development containing 23 residential apartments with one commercial unit. See attached plan. 525-527 Salem Street in Wakefield is adjacent and visible from Route 128 Northbound at the exit next to Sunoco Service Station and Dunkin' and less than a 1/2 mile from Lynnfield Marketplace.

HIGHLIGHTS

  • High Vehicle per day traffic
  • Close proximity to major highway

ATTACHMENTS

SPsalem#525_R9
  • Listing ID: 29085325

  • Date on Market: 7/24/2023

  • Last Updated:

  • Address: 525 Salem St, Wakefield, MA 01880

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