355 Worcester StNatick, MA 01769

Property Details for 355 Worcester St

Year built

1980

Construction

CONCRETE

Lot size

1.57 AC

Property size (Sq ft)

2,609 SF

Zone code

CII

Property type

Turn key restaurants

APN

NATI M:00000020 P:00000100

APU

NATIM00000020P00000100

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $634,078

  6.5%

  $585,303

  7%

  $543,496

• Comparable approach

  Method

  Valuation

  Relative Method

  $859,048

  Geo Method

  $859,048

• Alternative Use

  Use

  Valuation

  Residential

  $493,725

  Hospitality

  $452,249

  Educational

  $376,266

  Medical

  $389,206

  Retail

  $585,303

Location Insight

City

Natick

County

Middlesex

State

Massachusetts

Latitude

42.3027

Longitude

-71.3395

CBSA code

14460

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].