Property summary
This exceptional Stoneham property, known as "The Rounds Building," presents a unique investment opportunity. Located at 290 Main Street, this approximately 17,000 square foot brick building sits on a sizable 3/4 acre lot. Currently, it houses a thriving 7,000 square foot hardware store and additional space comprising 7+ professional offices, warehouse space, and a loading dock. The property's strategic location at the intersection of Interstates 93 and 95 offers unparalleled access to… Boston, public transportation, and the Middlesex Fells Reservation. Stoneham's vibrant downtown area is also within easy reach. The property boasts excellent parking and remarkable versatility. A feasibility study suggests potential for up to 40 residential or mixed-use units (buyer due diligence required). Approximately 25,000 square feet of the parcel is zoned Central Business District, with Main Street frontage, while over 9,000 square feet is zoned Residence B, fronting Central Street across from St. Patrick's Church. The asking price is $3,900,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of the Central Business District is to preserve and improve the character and qualities of Stoneham Square
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight