625 Worcester St Natick, MA 01760
- Retail space
- 19,056 SF
- 1.12 lot acres
Current Use by Public Records
- Mitchell Gold + Bob Williams / Interior Designer / Furniture Manufacturer
Property Details for 625 Worcester St
- Year built
- 1965
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.12 lot acres
- Property size
- 19,056 SF
- Zone code
- CII
- Property type
- Retail space
- APN
- NATI M:00000019 P:00000195
- APU
- NATIM00000019P00000195
Description
This exceptional retail property, located at 625 Worcester Street in Natick, Massachusetts, offers 20,000 square feet of commercial space for lease. Built in 1965 and zoned Commercial II, this property is situated in Middlesex County, zip code 01760. The building is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for two separate tenants to lease individual units. Each divisible unit offers a minimum of 10,000 square feet, with a maximum contiguous space of 10,000 square feet. This allows for flexibility in tenant needs and configurations. The property's prime location in Natick offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The building's substantial size and layout provide ample space for retail operations, storage, and office areas. With its convenient location and significant square footage, this property represents a compelling investment opportunity in a thriving Massachusetts market. Serious inquiries are encouraged to explore the possibilities of this versatile retail space. The property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,905,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,000,000
- 6.5%
- $5,425,000
- 7%
- $5,800,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,390,000
- Geo Method
- $4,980,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,895,000
- Retail
- $5,370,000
- Mixed-Use
- $4,520,000
- Hospitality
- $4,875,000
- Educational
- $5,615,000
- Residential Income
- $4,755,000
- Energy
- $6,295,000
- Income-Based Land
- $5,820,000
- Food Service
- $5,120,000
Location Insight
- Map
- Local Demand
- City
- Natick
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3496
- Latitude
- 42.3015
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA