Renovated Stand-Alone Office
For Sale
$1,400,000
150 E Central St, Natick, MA 01760
Flexible workplace layout with private offices, collaborative space, meeting facilities, and an eat-in kitchen area.
Property Size2,946 SF
Price / SF$475.22
Days on Market66
Property Features for 150 E Central St
General Information
Standard status
Active
Size
2,946 SF
Property subtype
Commercial
Building Details
Building Size
2,946 SF
Year Built
1950
Listing Agency:
JMJ Commercial Realty, Inc.
Listed By:
Joshua Seadia
(617) 605-5674
Source:
Iverty
Added: Aug 13
Changed: Oct 16
Last Checked: Oct 16 at 9:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JMJ Commercial Realty, Inc.
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Investment Insights
Based on property information with market context.
This stand-alone office property offers 2,946 square feet of renovated workspace in a configuration suited to established professional operations. The interior includes a reception area, conference room, eat-in kitchen, private offices, and a large open area for collaborative work.
Built in 1950 and located at 150 E Central St in Natick, Massachusetts, the property is positioned for professional office use. The layout can accommodate accounting, legal, creative, marketing, or real estate firms, with a mix of enclosed offices and shared work areas supporting different workplace requirements.
Built in 1950 and located at 150 E Central St in Natick, Massachusetts, the property is positioned for professional office use. The layout can accommodate accounting, legal, creative, marketing, or real estate firms, with a mix of enclosed offices and shared work areas supporting different workplace requirements.
Key Highlights
- 2,946 SF stand‑alone office property
- Renovated interior with reception, conference room, and eat‑in kitchen
- Private offices plus a large open collaborative workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,478
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,869,560
$1.9M
Cap Rate 7%
$1,335,400
$1.3M
Cap Rate 9%
$1,038,644
$1.0M
Market Conditions
NOI Build-Up for 2,946 SF
Gross rent
$159.8K $54.24/SF
− Vacancy
−$35.2K −$11.93/SF
EGI
$124.6K $42.31/SF
− OpEx
−$31.2K −$10.58/SF
NOI
$93.5K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,869,560
Cap Rate 7%
$1,335,400
Cap Rate 9%
$1,038,644
Alternative Uses
Best Use
Office B
$1.34M
$1.17M – $1.56M
NOI $93,478 @ 7.0% cap · market cap 6.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.53M – $2.03M
NOI $122,081 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Explore this area
Business Placement
Demographics for 01760, MA
36,659
Population
15,838
Households
2.3
Avg Household Size
42
Median Age
69%
College-Educated
98%
High-School Grad
14.8 sq mi
ZIP Area
2,477
Density / Sq Mi
$134,644
Median Household Income
$77,632
Median Earnings
$2,061
Median Rent
$740,700
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Flexible workplace layout with private offices, collaborative space, meeting facilities, and an eat-in kitchen area.
Where is this office building located?
The property is located at 150 E Central St Natick, MA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 2,946 SF stand‑alone office property; Renovated interior with reception, conference room, and eat‑in kitchen; Private offices plus a large open collaborative workspace
