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4-6 Common St 6,164 SF Retail Building Stoneham, MA 02180 $1,500,000 ($243.35/SF)


Executive Summary
Prime investment property in the heart of downtown. This mixed use property has tremendous potential. There are 2 separate buildings: the front building, a Grand Colonial, has an office unit on the first floor and a beautifully renovated spacious 3 BR unit encompassing the second & third floor. The rear building, a two family, has a 1BR unit on the first floor and a 3BR unit on the second & third floor. This building is partially gutted and ready for renovation. Parking spots are available for all units off street. A great location to enjoy all that Stoneham has to offer. Potential to convert all units to residential condos.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,164 SF
Building Class
B
Year Built
1936
Price
$1,500,000
Price Per SF
$243.35
Tenancy
Single
Building Height
3 Stories
Building FAR
0.57
Lot Size
0.25 AC
Zoning
RB - Resi/Business
Parking
10 Spaces (0.61 Spaces per 1,000 SF Leased)
Frontage
91’ on Common St
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | STON-000012-000000-000410 | Improvements Assessment | $813,100 |
| Land Assessment | $412,900 | Total Assessment | $1,226,000 |
Property Taxes
Parcel Number
STON-000012-000000-000410
Land Assessment
$412,900
Improvements Assessment
$813,100
Total Assessment
$1,226,000
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4-6 Common St
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