182 Central StNatick, MA 01760

Property Details for 182 Central St

Year built

1989

Construction

FRAME

Lot size

0.72 AC

Property size (Sq ft)

18,312 SF

Zone code

RSA

Property type

Office buildings

APN

NATI M:00000040 P:0000073A

APU

NATIM00000040P0000073A

Description

This exceptional 1,560 square foot office suite is available for lease at 182 West Central Street, Natick, Massachusetts, 01760. Located in a three-story elevator building, this sun-drenched space is perfect for a variety of professional uses. The property is classified as a Medical Office, Traditional Office, Executive Office, and Creative Office, offering versatility for different business needs. The suite is part of a multi-tenant building with a mix of medical and general office tenants, fostering a collaborative and professional environment. Ample parking is available for tenants and clients. The building's convenient location offers easy access to public transportation, reducing commuting hassles. Furthermore, major roadways and shopping centers are within a short driving distance, providing excellent accessibility for employees and clients alike. The lease rate is $20 per square foot, plus operating expenses. This prime location in Middlesex County presents a fantastic opportunity for businesses seeking a well-appointed and accessible office space in Natick. The suite is situated at 182 West Central Street, Suite 302.

• CAP approach

  CAP return

  Valuation

  6%

  $3,027,520

  6.5%

  $2,794,634

  7%

  $2,595,018

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,392,646

  Geo Method

  $2,392,646

• Alternative Use

  Use

  Valuation

  Residential

  $3,465,347

  Hospitality

  $3,174,239

  Educational

  $2,640,930

  Medical

  $2,731,755

  Retail

  $4,108,112

Location Insight

City

Natick

County

Middlesex

State

Massachusetts

Latitude

42.2821

Longitude

-71.3815

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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