21 Eliot StNatick, MA 01760
- Commercial real estate
- 10,600 SF
Property Details for 21 Eliot St
- Year built
- 1988
- Lot size
- 3.00 AC
- Property size (Sq ft)
- 10,600 SF
- Zone code
- RSC
- Property type
- Commercial real estate
- APN
- NATI M:00000054 P:00000066
- APU
- NATIM00000054P00000066
Description
This exceptional 3-acre property located at 21 Eliot Street in the heart of South Natick Center, Massachusetts, presents a compelling investment opportunity. The property boasts four well-maintained buildings currently utilized as a mix of office and retail spaces, all under lease agreements extending through May 2025, ensuring immediate cash flow. The versatile zoning allows for both commercial and residential uses, providing significant flexibility for future development and expansion. The beautifully landscaped grounds enhance the property's aesthetic appeal and create a welcoming environment. The buildings themselves are in excellent condition, minimizing immediate capital expenditure needs. This unique offering combines the benefits of established income with the potential for future growth in a highly desirable location. The property's prime location in South Natick Center offers easy access to major transportation routes and a vibrant community. Given the current lease agreements and the property's zoning, this presents a rare opportunity for investors seeking a stable, income-generating asset with significant long-term potential. The asking price is $7,200,000. Prospective buyers are responsible for conducting their own due diligence.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,005,935
- Hospitality
- $1,837,425
- Educational
- $1,528,716
- Medical
- $1,581,291
- Retail
- $2,378,003
Location Insight
- City
- Natick
- County
- Middlesex
- State
- Massachusetts
- Latitude
- 42.2754
- Longitude
- -71.3144
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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