Office Unit with Conference
For Sale
Contact for pricing
2 Main St # 300, Stoneham, MA 02180
Professional office suite with private rooms, reception space, employee amenities, and 24/7 building access.
Property Size2,870 SF
Price / SF$0.01
Days on Market249
Property Features for 2 Main St # 300
General Information
Standard status
Active
Size
2,870 SF
Property subtype
Commercial
Zoning
HB
Lease Type
Gross
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$118,629
Amenities
common restrooms on all the floors
on-site property management
24/7 access
Building Details
Year Built
1980
Tenancy
Multi
Listing Agency:
The Mega Group
(978) 762-9771
Listed By:
Jennifer DApice
(508) 612-3767
Source:
Churchillprop
Added: Feb 9
Changed: Oct 6
Last Checked: Oct 16 at 7:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Mega Group
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Investment Insights
Based on property information with market context.
Suite 300 at the Two Main Stoneham Professional Building provides approximately 2,870 square feet of office space within a 1980-built property zoned HB. The layout includes six private offices with large windows, a glass-enclosed conference room, reception area, employee break room, and server room. Restrooms are shared on each floor, while electricity and telephone/Internet service are separately metered or contracted.
The property is located at 2 Main St # 300 in Stoneham, Massachusetts, along Route 28 and near the I-95/Route 128 entrance ramp. Boston and the North Shore are accessible from the surrounding highway network. Additional building features include ample parking, on-site property management, and round-the-clock access.
The property is located at 2 Main St # 300 in Stoneham, Massachusetts, along Route 28 and near the I-95/Route 128 entrance ramp. Boston and the North Shore are accessible from the surrounding highway network. Additional building features include ample parking, on-site property management, and round-the-clock access.
Key Highlights
- Suite 300 measures 2,870 +/- square feet
- Six private offices with large windows
- Glass‑walled conference room plus reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,066
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,821,320
$1.8M
Cap Rate 7%
$1,300,943
$1.3M
Cap Rate 9%
$1,011,844
$1.0M
Market Conditions
NOI Build-Up for 2,870 SF
Gross rent
$155.7K $54.24/SF
− Vacancy
−$34.2K −$11.93/SF
EGI
$121.4K $42.31/SF
− OpEx
−$30.4K −$10.58/SF
NOI
$91.1K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,821,320
Cap Rate 7%
$1,300,943
Cap Rate 9%
$1,011,844
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.52M
NOI $91,066 @ 7.0% cap · market cap 413,936.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $118,932 @ 7.0% cap · market cap 540,600.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
Explore this area
Business Placement
Demographics for 02180, MA
23,244
Population
9,832
Households
2.4
Avg Household Size
44
Median Age
54%
College-Educated
96%
High-School Grad
6.0 sq mi
ZIP Area
3,874
Density / Sq Mi
$112,635
Median Household Income
$71,709
Median Earnings
$1,878
Median Rent
$629,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Professional office suite with private rooms, reception space, employee amenities, and 24/7 building access.
Where is this office units located?
The property is located at 2 Main St # 300 Stoneham, MA.
What are key features of this property?
This property features: Suite 300 measures 2,870 +/- square feet; Six private offices with large windows; Glass‑walled conference room plus reception area
