3 Woodland Rd 4 Stoneham, MA 02180-1702
This exceptional medical office condominium, located at 3 Woodland Road in Stoneham, Massachusetts, presents a unique leasing opportunity. Situated within a complex of approximately 45 similar units, this property offers 1,330 square feet of vacant space, ideal for a variety of medical practices. The building enjoys a desirable location along the Middlesex Fells Reservation and Spot Pond, providing a tranquil and accessible setting for patients and staff. The zoning designation allows for Medical, Office, and Residential uses, ensuring flexibility for future expansion or adaptation. This particular unit, designated as Unit 411, is available for lease. The property is a condominium, and the condominium documents stipulate that the use must be restricted to medical practices. The address is 3 Woodland Road, Stoneham, MA 02180, within Middlesex County. This presents a rare chance to secure a well-located, functional medical office space in a thriving community. The property's proximity to natural amenities enhances its appeal, offering a unique blend of professional and recreational environments. Interested parties should inquire for further details and leasing terms. The property is conveniently located in Stoneham, MA, offering easy access to major transportation routes and local amenities. This is a fantastic opportunity for medical professionals seeking a well-established and desirable location for their practice.
open and/or operating between the hours of 8:00 PM and 8:00 A.M. v. No Medical Marijuana Treatment Center shall be located on the same lot or a lot which abuts any of the following within the Town of Stoneham: a public or Private school, licensed child care facility or any public playground, recreation facility, athletic field or other park where children co…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
M · Stoneham, MAopen and/or operating between the hours of 8:00 PM and 8:00 A.M. v. No Medical Marijuana Treatment Center shall be located on the same lot or a lot which abuts any of the following within the Town of Stoneham: a public or Private school, licensed child care facility or any public playground, recreation facility, athletic field or other park where children congregate within the Town of Stoneham. 29 vi. No smoking, burning or consumption of any product containing marijuana or marijuana-related products shall be permitted on the premises of a Medical Marijuana Treatment Center. vii. Medical Marijuana Treatment Centers shall not be located inside a building containing residential units, including transient housing such as motels and dormitories, or inside a trailer, recreational vehicle, movable or stationary mobile vehicle. viii. o products shall be displayed in the facilities windows or be visible from any street or parking lot. ix. Notwithstanding any provisions of Section 7 of this Chapter, signage for all Medical Marijuana Treatment Centers shall include the following language: “Registration card issued by the MA Department of Public Health required.” The required text shall be a minimum of two inches in height. The sign shall be located in a visible location near the main entrance to the facility. Exterior signs shall identify the name of the establishment but shall not contain any other advertising information. x. Medical Marijuana Treatment Centers shall provide the Stoneham Board of Health, the Stoneham Police Department, and the Stoneham Fire Department with the names, phone numbers and email addresses of all management staff and keyholders to whom one can provide notice if there are operating problems associated with the center and update that list whenever there is any change in management staff or keyholders. d. Special Permit Requirements A Medical Marijuana Treatment Center shall only be allowed by special permit in accordance with G.L. c. 40A, §9 and Section 9.4 of the Zoning Bylaws, subject to the regulations, requirements, conditions and limitations of contained in this
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
