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    OFF-MARKET
    Turn key restaurants

    355 Worcester St, Natick, MA 01760-2212

    2,609 SF 1.57 ac lot Built 1980
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US38-0955663
    Property summary
    AI-generated overview

    This exceptional 2,600 square foot retail property, formerly a Wendy's, is ideally situated on heavily trafficked Route 9 in Natick, Massachusetts. The property boasts a prime location within Middlesex County, offering excellent visibility and accessibility for businesses. The 1.4-acre lot provides ample space, complemented by 40 parking spaces to accommodate customers and employees. The building's existing infrastructure, including a drive-thru, presents a unique opportunity for quick-service restaurants or similar businesses seeking a ready-made setup. With a daily traffic count of 50,000 vehicles on Route 9, this location guarantees high exposure and significant foot traffic. The property's versatile layout and substantial size make it suitable for a variety of commercial uses, offering a compelling investment opportunity in a thriving market. The property is classified as both retail and mixed-use, allowing for flexibility in its future development and tenant occupancy. This is a rare chance to acquire a well-positioned commercial property with significant potential for growth and return on investment in the desirable Natick market. The property is located at 355 Worcester Street, Natick, MA 01769.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1980
    Construction CONCRETE
    Total area 2,609 SF
    Lot 1.57 ac (68,389 SF)
    Zoning code CII
    APN NATI M:00000020 P:00000100
    UPID US38-0955663
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Wendys Properties LLC · 10 yrs held
    Wendys Properties LLC
    since 2015
    2 recorded transactions
    2015
    1999
    $700,000
    Zoning & alternative use
    CII · Natick, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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