625 Worcester StNatick, MA 01760

Property Details for 625 Worcester St

Year built

1965

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.12 AC

Property size (Sq ft)

19,056 SF

Zone code

CII

Property type

Retail space

APN

NATI M:00000019 P:00000195

APU

NATIM00000019P00000195

Description

This exceptional retail property, located at 625 Worcester Street in Natick, Massachusetts, offers 20,000 square feet of commercial space for lease. Built in 1965 and zoned Commercial II, this property is situated in Middlesex County, zip code 01760. The building is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for two separate tenants to lease individual units. Each divisible unit offers a minimum of 10,000 square feet, with a maximum contiguous space of 10,000 square feet. This allows for flexibility in tenant needs and configurations. The property's prime location in Natick offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The building's substantial size and layout provide ample space for retail operations, storage, and office areas. With its convenient location and significant square footage, this property represents a compelling investment opportunity in a thriving Massachusetts market. Serious inquiries are encouraged to explore the possibilities of this versatile retail space. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $4,631,273

  6.5%

  $4,275,022

  7%

  $3,969,663

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,274,440

  Geo Method

  $6,274,440

• Alternative Use

  Use

  Valuation

  Residential

  $3,606,140

  Hospitality

  $3,303,205

  Educational

  $2,748,228

  Medical

  $2,842,744

  Retail

  $4,275,022

Location Insight

City

Natick

County

Middlesex

State

Massachusetts

Latitude

42.3015

Longitude

-71.3496

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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