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Property profile & analytics
OFF-MARKET Estimated value $830,000
Retail space

12 Washington St Natick, MA 01760-4624

5,640 SF 0.33 ac lot Built 1996
Entity Owned Free & Clear
Property ID
US38-1244268
Property summary
AI-generated overview

This exceptional 3,765 square foot space is located at 12 Washington Street in the heart of Natick Center, Middlesex County. Currently vacant, this second-floor unit offers an open floor plan, making it highly adaptable for a variety of uses. The property is ideally suited for executive office space, a fitness studio, or retail use. Its prime location provides excellent visibility and is within walking distance of the Natick Commuter Rail, the Natick Town Library, and numerous restaurants and shops. The building features on-site parking and allows for potential building signage. This well-maintained building offers a fantastic opportunity for businesses seeking a prominent location in a thriving commercial area. The space is part of a multi-tenant building with existing tenants including Dolphin Seafood and Eli's, ensuring a vibrant and established commercial environment. The open floor plan provides flexibility for customization to meet specific business needs. The ample square footage allows for the creation of multiple offices, a large open workspace, or a combination of both. On-site parking is a significant advantage, providing convenience for employees and clients. The strategic location in Natick Center offers unparalleled access to public transportation and a wide array of amenities.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Construction FRAME
Total area 5,640 SF
Lot 0.33 ac (14,401 SF)
Zoning code DM
APN NATI M:00000044 P:00000013
UPID US38-1244268
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Eli's Breakfast, Burgers, & Brews Restaurant
  • Elder-Well Adult Day Program Geriatric Care Provider Nursing Home
  • Collin's Furnace Repair Service HVAC Service General Contractor
  • Elder Well Home Health Care Service
  • 7 South Bottle + Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$830k
Owner & transaction history
JEG REALTY LLC
JEG REALTY LLC
Zoning & alternative use
DM · Natick, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

District is to establish a compact business center which does not include noxious or land-expansive uses, is centrally located, and is designed primarily for pedestrian shoppers, some multi-family dwellings may be included to provide economic viability to such center while adding to the housing stock of the community

Zone name Downtown Mixed Use
General category MIXED_USE
Zone area 55.15 ac
Source Realmo
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