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1 Confidential WayStoneham, MA 02180Inquire For Price

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Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
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  • $1List Price
  • 0.28Acreage

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1 Confidential Way Stoneham MA 02180
1 Confidential Way Stoneham MA 02180

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Exceptional development opportunity on a 12,319 SF parcel just outside downtown Stoneham. Located within the Business zoning district; ownership, working with its architectural team, has prepared two preliminary conceptual redevelopment studies illustrating the property's multifamily and townhouse potential. Concept 1 envisions an 18-unit apartment or condominium building with 19 covered parking spaces. Concept 2 proposes eight townhouse residences, each featuring two bedrooms, 2.5 baths, an attached two-car garage, and private outdoor garden space. Rare opportunity for builders and developers to acquire a well-located redevelopment site in one of Greater Boston's most desirable suburban communities. All redevelopment concepts are subject to Planning Board review and approval, design review, and all applicable municipal and regulatory approvals. Seller is willing to cooperate with the purchaser during the permitting process, with closing structured upon mutually agreed milestones.

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Listed by Stephen Cefalo of Stephen Cefalo Real Estate

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