Flex Space with Double-Door
63 Washington Ave #R, Natick, MA 01760
For Sale
New
Contact for pricing
An open interior and shared loading ramps accommodate equipment and inventory handling.
Property Size1,500 SF
Price / SF$1.13
Days on Market5
Property Features for 63 Washington Ave #R
General Information
Standard status
Size
Additional Details
Road Access
Amenities
wide double-door access
shared loading ramps
Building Details
Year Built
Listing Agency:
ERA Key Realty Services
(508) 234-0550
Listed By:
Brooke Funari · License MA #453015105
(774) 531-6221
Source:
Lockandkeyre
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 8:38AM
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 ERA Key Realty Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,500-square-foot flex space has an open layout, wide double-door entry, and access to two shared loading ramps. The building dates to 1900. The configuration includes space for workspace, equipment, or inventory storage.
The property is on Route 27, with access to Route 9.
The property is on Route 27, with access to Route 9.
Key Highlights
- 1,500 SF flex space with an open layout
- Wide double‑door entry
- Access to two shared loading ramps
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,439
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,780
$148.8K
Cap Rate 7%
$106,271
$106.3K
Cap Rate 9%
$82,656
$82.7K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$12.2K $8.16/SF
− Vacancy
−$796 −$0.53/SF
EGI
$11.4K $7.63/SF
− OpEx
−$4.0K −$2.67/SF
NOI
$7.4K $4.96/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,780
Cap Rate 7%
$106,271
Cap Rate 9%
$82,656
Alternative Uses
Best Use
Industrial
$229.1K
$200.5K – $267.3K
NOI $16,040 @ 7.0% cap
Second Best
Flex RnD
$106.3K
$93.0K – $124.0K
NOI $7,439 @ 7.0% cap
Theoretical Best
Office A
$888.0K
$777.0K – $1.04M
NOI $62,160 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
Under-served
Demand for This Use
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
$740,700
Median Home Value
Market
Average Price Trend$/SF for Flex space in Middlesex County, MA
Properties on Market for Flex space in Middlesex County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - An open interior and shared loading ramps accommodate equipment and inventory handling.
Where is this flex space located?
The property is located at 63 Washington Ave #R Natick, MA.
What are key features of this property?
This property features: 1,500 SF flex space with an open layout; Wide double‑door entry; Access to two shared loading ramps
