Listed by Century 21 North East
$879,000
254 N Main Street
Details
Property Type Special Purpose
Sub Type Other
Square Footage 2,640
Net Rentable (SqFt) 2,500
Units 2
Cap Rate 7.28%
NOI $64,000
Occupancy 95%
Tenancy Multi
Lease Type Gross
Lease Term 1
Lease Expiration 06/30/2026
Price per SqFt $333
Broker Co-Op Yes
Year Built 1900
Year Renovated 2022
Buildings 1
Stories 2
Acreage 0.110
Zoning LC
Investment Type Owner/User
Tenant Credit No Credit Rating
Lease Commencement 07/01/2025
Occupancy Date 03/01/2026
Ground Lease Yes
Natick Gem: Live & Work
Marketing description
254 N Main Street offers an exceptional investment opportunity! This property is designated for both commercial and residential purposes, With its prime condition and flexible zoning, it serves as an ideal location for business owners seeking a professional presence. Perfect for various businesses like law offices, architectural firms, mortgage companies, CPA firms and more, the possibilities are endless. Excellent opportunity for prime real estate in the city of Natick. Buyers are responsible for conducting their own due diligence regarding usage and zoning. Convenient to both Boston and Worcester, with easy access to the MA Pike and commuter rail Framingham/Worcester lines, and all that downtown has to offer TCAN (The Center for Arts in Natick) Farmers Market, shops & restaurants. The roof, siding, 3 new electrical panels, new kitchen cabinets, recessed lights, and mini-split system are all 4 years old.
Investment highlights
To schedule showing, please text Frederica at 617-999-6422
254 N Main Street offers a strong investment opportunity in the heart of Natick, with flexible commercial and residential use potential. The property is well-suited for an owner-user or investor seeking a professional office presence, with possible uses such as law office, CPA firm, mortgage company, architectural firm, or other professional services.
- Flexible commercial/residential designation
- Prime Natick location with strong visibility
- Convenient access to Boston, Worcester, the Mass Pike, commuter rail, and downtown Natick
- Close to TCAN, farmers market, shops, restaurants, and local amenities
- Ideal for professional office use or mixed-use potential
- Strong long-term real estate value in a desirable MetroWest market
- Buyers to perform their own due diligence regarding zoning and permitted uses
Listing Contacts
Listed by Century 21 North East
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$64,000.00
$5,333.33/mo
Valuation Metrics
0
DSCR
7.28%
Cap Rate
7.28%
ROI
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