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    21 Eliot St Natick, MA 01760

    For Sale
    $7,200,000

    Historic 3-Acre Commercial Property

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 3-acre property located at 21 Eliot Street in the heart of South Natick Center, Massachusetts, presents a compelling investment opportunity. The property boasts four well-maintained buildings currently utilized as a mix of office and retail spaces, all under lease agreements extending through May 2025, ensuring immediate cash flow. The versatile zoning allows for both commercial and residential uses, providing significant flexibility for future development and expansion. The beautifully landscaped grounds enhance the property's aesthetic appeal and create a welcoming environment. The buildings themselves are in excellent condition, minimizing immediate capital expenditure needs. This unique offering combines the benefits of established income with the potential for future growth in a highly desirable location. The property's prime location in South Natick Center offers easy access to major transportation routes and a vibrant community. Given the current lease agreements and the property's zoning, this presents a rare opportunity for investors seeking a stable, income-generating asset with significant long-term potential. The asking price is $7,200,000. Prospective buyers are responsible for conducting their own due diligence.

    Property Features for 21 Eliot St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    130,680 SF

    Building Details

    Year Built
    1700
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Center For Perinatal Practice Medical Clinic Meghann Gregory Photography Photographer D. Michael Collins ... Architect Charles River Vineyard ... Church Troodon Technologies Software Company

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Natick
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.31395
    Latitude
    42.27548

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    FAQs

    What type of property is this?
    Commercial real estate - Historic 3-Acre Commercial Property
    Where is this commercial real estate located?
    The property is located at 21 Eliot St Natick, MA.
    What is the asking price?
    The asking price for this property is $7,200,000.
    (781) 235-4663
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    21 Eliot St Natick, MA 01760
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 Eliot St Natick, MA 01760
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