12 Central StNatick, MA 01760

Property Details for 12 Central St

Year built

1942

Construction

FRAME

Lot size

0.14 AC

Property size (Sq ft)

4,449 SF

Zone code

DM

Property type

Office buildings

APN

NATI M:00000043 P:00000261

APU

NATIM00000043P00000261

Description

This meticulously maintained 683 square foot executive office suite is situated on the first floor of a 4,449 square foot building located in Middlesex County. Built in 1942, the Class C building offers a single suite currently available for lease. The space is ideally suited for medical use, featuring a pre-built layout with private offices. The entire building comprises a single suite, making this a unique opportunity for a small business or medical practice seeking a private and established location. The property offers immediate occupancy for a tenant seeking a move-in ready space. The building's total square footage is 4,449 square feet, with 683 square feet currently vacant and available for lease. This presents a chance to secure a well-appointed office space in a convenient Middlesex County location. The existing build-out is specifically designed for medical use, eliminating the need for extensive renovations. This turnkey solution allows for immediate operations, minimizing downtime and maximizing efficiency. The property's location within Middlesex County offers easy access to major transportation routes and local amenities. This is an exceptional opportunity for a business seeking a functional and well-located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $735,553

  6.5%

  $678,972

  7%

  $630,474

• Comparable approach

  Method

  Valuation

  Relative Method

  $581,306

  Geo Method

  $581,306

• Alternative Use

  Use

  Valuation

  Residential

  $841,925

  Hospitality

  $771,199

  Educational

  $641,628

  Medical

  $663,695

  Retail

  $998,088

Location Insight

City

Natick

County

Middlesex

State

Massachusetts

Latitude

42.2835

Longitude

-71.3482

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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