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Property profile & analytics
OFF-MARKET
Investment properties

254 Main St Natick, MA 01760-1152

2,464 SF 0.11 ac lot Built 1900
Entity Owned 4-yr Hold Free & Clear
Property ID
US38-1474332
Property summary
AI-generated overview

254 N Main Street, Natick, MA presents a unique investment opportunity. This 0.11-acre property offers flexible zoning allowing for both commercial and residential uses. Its prime location in Natick provides convenient access to major transportation arteries, including the MA Pike and commuter rail lines serving Framingham and Worcester. This proximity to Boston and Worcester makes it an attractive location for a wide range of businesses. The property is ideally suited for professional services, such as law offices, architectural firms, mortgage companies, CPA firms, financial institutions, insurance agencies, or advertising firms. The building itself boasts several recent upgrades, enhancing its appeal and functionality. These improvements include a new roof and siding, installed within the last two years. Three new electrical panels, new kitchen cabinets, recessed lighting, and a mini-split heating and cooling system were also added within the past two years, significantly improving the property's efficiency and modern appeal. The property's location also benefits from its proximity to local amenities, including the TCAN (The Center for Arts in Natick) and the Natick Farmers Market, as well as numerous shops and restaurants in the downtown area. This combination of location, versatility, and recent renovations makes 254 N Main Street a compelling investment opportunity.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 2,464 SF
Lot 0.11 ac (5,001 SF)
Zoning code LC
APN NATI M:00000012 P:00000012
UPID US38-1474332
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
  • Mindful HealthCare Agency Home Health Care Service
  • Rama sanitizing and cleaning services inc Commercial Cleaning Service
  • Beauty Goodz and Meant 2 Be Salon 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
by Request
Owner & transaction history
Concept Natick 254 LLC · 4 yrs held
Concept Natick 254 LLC
since 2022
Last sale
$500,000
4 recorded transactions
2023
Price N/A
2023
Price N/A
2022
Price N/A
2022
$500,000
Zoning & alternative use
LC · Natick, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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