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Property profile & analytics
OFF-MARKET Estimated value $8,075,000
Retail space

1400 Worcester St Natick, MA 01760-1532

66,774 SF 4.74 ac lot Built 1989
Individually Owned 38-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US38-0318235
Property summary
AI-generated overview

This exceptional 6,952 square foot retail space is ideally situated at 1400 Worcester Street in Natick, Massachusetts, within Middlesex County. Currently entirely vacant, this property presents a unique opportunity for a single tenant or multiple tenants seeking a prime location in a bustling commercial area. The building is classified as a strip center, offering excellent visibility and accessibility from Worcester Street. The entire 6,952 square feet is available for lease, providing ample space for a variety of retail businesses. The property's location in Natick, MA, offers convenient access to major transportation routes and a strong customer base. This presents a blank canvas for a business looking to establish a significant presence in a thriving market. The property's size and layout are highly adaptable, making it suitable for a wide range of retail concepts. With its strategic location and substantial square footage, this retail space offers significant potential for growth and success. The property is zoned for commercial use and is ready for immediate occupancy. Interested parties are encouraged to inquire for lease terms and conditions. The zip code for this property is 01760. This is a multiple tenancy property, although currently fully vacant.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 66,774 SF
Lot 4.74 ac (206,605 SF)
Zoning code CII
APN NATI M:00000023 P:00000074
UPID US38-0318235
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
  • Beautiful Escape Hair Salon
  • Airport Taxi Cab Service Natick MA Moving Company Logistics Company
  • Zinnia Hair Hair Salon Nail Salon
  • GOLFTEC Natick Golf Instructor
  • Fini5hinTouch Hair Bar Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.08M
Owner & transaction history
Natick Z/b Ltd Ptnshp · 38 yrs held
Natick Z/b Ltd Ptnshp
since 1987
6 recorded transactions
2020
Price N/A
2017
Price N/A
2007
Price N/A
1997
Price N/A
1990
Price N/A
1987
$5.7M
Zoning & alternative use
CII · Natick, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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