21 Eliot St Natick, MA 01760
- Commercial real estate
- 10,600 SF
- 3.00 lot acres
Current Use by Public Records
- Center For Perinatal Practice / Medical Clinic
- Meghann Gregory Photography / Photographer
- D. Michael Collins Architects / Architect
- Charles River Vineyard Church / Church
- Troodon Technologies / Software Company
Property Details for 21 Eliot St
- Year built
- 1988
- Lot size
- 3.00 lot acres
- Property size
- 10,600 SF
- Zone code
- RSC
- Property type
- Commercial real estate
- APN
- NATI M:00000054 P:00000066
- APU
- NATIM00000054P00000066
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Natick
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3144
- Latitude
- 42.2754
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA