Natick MA Commercial for Sale
$9,950,000
Church St Natick, MA 01760
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.68 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 73294046
ADDITIONAL INFORMATION
Pleased to present an exceptional opportunity for investors, builders, and developers: the chance to acquire a substantial portfolio on Natick’s Church Street. This portfolio is situated on a 0.68- acre lot, featuring five (5) parcels, seven (7) independent buildings with twenty-eight (28) condo units on Church St. In 2023, the portfolio generated a total income of about $300,000, underscoring its robust income potential. This rare real estate offering includes in-place income and future rental growth by renewing and leasing all units at full market rates.This property benefits from DM (downtown mix-use) zoning with lot coverage of 60% under current zoning bylaw, allowing for future development of approximately 60+ units, upon zoning approval, across commercial, residential, or mixed-use buildings. This presents a versatile investment opportunity with promising potential returns. Adjacent to Natick Town Hall and Natick Common, this property enjoys a prime central location.
$7,200,000
21 Eliot St Natick, MA 01760
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3 Acres
- Year built:
- 1700
- Baths:
- MLS#:
- 73231575
ADDITIONAL INFORMATION
21 Eliot Street presents a unique investment opportunity in the heart of South Natick Center. Spanning 3 acres of beautifully maintained and natural grounds, this historic property is zoned for both commercial and residential use. Currently hosting four well-preserved buildings featuring a mix of office and retail spaces, it combines functionality with charm. Its excellent condition and versatile zoning make it an ideal locale for business operations while offering potential for further development. A rare find in a sought-after area, this property is a valuable asset for any investor. Currently 100% leased through May 2025. Buyer to do own due diligence.
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Natick Real Estate
The median home value in Natick, MA is $697,400. This is higher than the county median home value of $658,900. The national median home value is $338,100. The average price of homes sold in Natick, MA is $697,400. Approximately 65.1% of Natick homes are owned, compared to 31.58% rented, while 3.32% are vacant. Natick real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Natick real estate agent to arrange a tour today!
Natick, Massachusetts 01760 has a population of 36,627. Natick 01760 is more family-centric than the surrounding county with 39.46% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Natick, Massachusetts 01760 is $122,914. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Natick 01760 is 42.3 years.
Natick Weather
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 48.4 inches per year, with 46.8 inches of snow per year.