Retail Storefront with Natural
319 Main Street #A, Stoneham, MA 02180
For Sale
Contact for pricing
The storefront includes parking and is suited to a range of retail and service uses.
Property Size2,000 SF
Price / SF$1.25
Days on Market50
Property Features for 319 Main Street #A
General Information
Standard status
Size
Additional Details
Highway Access
Amenities
abundant natural light
Building Details
Year Built
Listing Agency:
Berkshire Hathaway HomeServices Commonwealth Real Estate
(617) 666-2121
Listed By:
Chung S. Lee
(781) 883-5984
Source:
Remmesco
Added: Sep 19
Changed: Nov 7
Last Checked: Nov 7 at 1:01PM
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 Berkshire Hathaway HomeServices Commonwealth Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at Stoneham Square, this retail storefront at 319 Main Street includes natural light and parking. The building dates to 1985, and the space has previously been occupied by a dry cleaner. The stated use potential includes restaurant, fitness, office, and general retail operations.
The property is on Route 28, beside the US Post Office and opposite the town common. Shops, restaurants, and banks are within a block. Boston is approximately 12 miles away, with access to Routes 128 and 93.
The property is on Route 28, beside the US Post Office and opposite the town common. Shops, restaurants, and banks are within a block. Boston is approximately 12 miles away, with access to Routes 128 and 93.
Key Highlights
- Retail storefront at Stoneham Square, 319 Main Street on Route 28
- Natural light and parking are included
- Previously occupied by a dry cleaner
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,746
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,920
$574.9K
Cap Rate 7%
$410,657
$410.7K
Cap Rate 9%
$319,400
$319.4K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$43.9K $21.96/SF
− Vacancy
−$2.9K −$1.43/SF
EGI
$41.1K $20.53/SF
− OpEx
−$12.3K −$6.16/SF
NOI
$28.7K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,920
Cap Rate 7%
$410,657
Cap Rate 9%
$319,400
Alternative Uses
Best Use
Retail
$410.7K
$359.3K – $479.1K
NOI $28,746 @ 7.0% cap · market cap 1,149.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,879 @ 7.0% cap · market cap 3,315.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,347
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
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
$629,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Middlesex County, MA
Properties on Market for Retail space in Middlesex County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The storefront includes parking and is suited to a range of retail and service uses.
Where is this retail space located?
The property is located at 319 Main Street #A Stoneham, MA.
What are key features of this property?
This property features: Retail storefront at Stoneham Square, 319 Main Street on Route 28; Natural light and parking are included; Previously occupied by a dry cleaner
