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Restaurant Space with Hood System
For Lease
$45 SF/Yr NNN (Triple Net)

316 Main St, Stoneham, MA 02180

Turn-key restaurant buildout includes a walk-in cooler, freezer, hood system, and ADA restrooms with rear parking.

Space SizeContact for details
Days on Market54

Property Features for 316 Main St

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Commercial

Additional Details

Commercial Hood Yes

Taxes and HOA fees

Annual Taxes $14,554

Building Details

Year Built 1934
Listing Agency: Pondfield Commercial Group
Listed By: Jason Madden
Source: Corcoran
Added: Jun 19 Changed: Aug 10 Last Checked: Aug 11 at 8:39AM

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 Pondfield Commercial Group

Investment Insights

Based on property information with market context.

This restaurant space is configured for approximately 70 seats and includes a walk-in cooler and walk-in freezer, an existing hood system, and two ADA-compliant restrooms. A full basement provides additional area for storage, inventory, and ancillary uses.

The property is positioned at a signalized intersection of Main Street and Pleasant Street and is offered with 10 exclusive rear parking spaces. The site also supports prominent signage opportunities, which can be important for retail-facing restaurant concepts seeking visibility.

The existing kitchen and dining layout make the space well-suited for a restaurant, café, fast-casual operator, or specialty food concept looking for a functional food service environment. The landlord offers a tenant improvement allowance for qualified tenants, and the lease is structured on a triple net (NNN) basis. Operating expenses are currently estimated at approximately $8.00–$10.00 per square foot annually, subject to further definition and reconciliation by the landlord.

Key Highlights

  • 2,400 SF restaurant space built in 1934, configured for approximately 70 seats
  • Includes walk‑in cooler, walk‑in freezer, and existing hood system
  • Two ADA‑compliant restrooms

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Furniture & Home Goods Real Estate Agency Home Appliance Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,347
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 40% Shops & Services 38% Dining 22%
Mobil Shops & Services
5,738 visits/mo 0.3 miles
Krispy Krunchy Chicken Dining
3,939 visits/mo 0.3 miles
Spartan Paint & Supply Co. Home Improvements & Furnishings
3,775 visits/mo 0.3 miles
Round's Hardware Home Improvements & Furnishings
3,255 visits/mo 0.1 miles
Extra Space Storage Shops & Services
972 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key restaurant buildout includes a walk-in cooler, freezer, hood system, and ADA restrooms with rear parking.
Where is this conventional restaurant located?
The property is located at 316 Main St Stoneham, MA.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: 2,400 SF restaurant space built in 1934, configured for approximately 70 seats; Includes walk‑in cooler, walk‑in freezer, and existing hood system; Two ADA‑compliant restrooms
More about this property
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