Listed by Sherwin Avenue Partners
Unpriced
237 Water Street
Details
Property Type Retail, Office
Sub Type QSR/Fast Food, Restaurant
Square Footage 7,600
Stories 2
Lot Size (SqFt) 30,000
Zoning AE - General Business - mixed use. Food allowed.
Ground Lease Yes
Retail | 7,600 SqFt
Marketing description
The site is suitable for a food use with drive thru for an assortment of QSR’s and larger format, single free-standing restaurants with ample parking. Perfect for a mid scale, all suites extended stay hotel brand, ground lease with adjacencies to numerous industrial and office parks.
Sale, ground lease, or build to suit opportunity. Located on Rt.129 (Water St.) a state commuter feeder road linking to Rt. 1 in Saugus via Walnut Street. Minutes to Wakefield center via Main St. and the North Ave. full interchange at I-95
Investment highlights
- Parcel Size: + / - 30,000 SF
- 1st Floor: 5,800 SF
- 2nd Floor: 1,800 SF
- Use: Existing operating car wash with 2nd floor office.
- Zoning: AE - General Business - mixed use. Food allowed.
- FAR: 4 to 5 stories allowed
Listing Contacts
Listed by Sherwin Avenue Partners
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Zoning
B CommercialGeneral CommercialBusiness
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View all 80 uses Last updated Mar 2, 2026 For deeper zoning details, reports are available at Zoneomics
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