Natick, MA Commercial Real Estate for Sale and Lease

One of the fastest growing neighborhoods in the Greater Boston Area, this town of 34,230 offers a great many opportunities to potential investors. Located only 10 miles from Boston in Middlesex County, Massachusetts, this area has 15.1 square miles of land, much of it flat and easy to build upon. With a fairly high urban density, projects here tend to center on redevelopment, although tracts of undeveloped of land do occasionally come to market. Investors should be aware that there are a few primary neighborhoods that make up the city; Natick Center, South Natick, East Natick, and West Natick. Natick Center in particular has seen a number of new projects since 2012, when the city voted to make it a hub for business and culture.

Click Here to View Today's

Commercial Property List

In addition to its pro-business attitude, the area also features a number of nature preserves and scenic bodies of water, including the Mass Audubon’s Broadmoor Wildlife area, Fisk Pond, Dug Pond, the borders of the Cochituate State Park, Coolidge Hill, the Below Pickerel Pond, and the Henry S. Hunnewell Town Forest. These green spaces are complemented by numerous artistic and cultural sites of interest within the city, as well as a rich historical legacy of structures dating back to the 17th century. This rich combination of natural splendor and civic amenities attracts a steady stream of visitors to the area.

The area is easily accessible by car via Route 27, Route 135, Route 9, Route 16, and Interstate 90. The MBTA Commuter Rail line has several stops in town, and bus service is available through the MBTA.

Because of the area’s high number of woodlands, fresh tracts of land often come with trees and other foliage that may need to be cleared away before construction can begin. The parcel at 0 Tech Circle offers a visionary investor the opportunity to develop an industrially-zoned parcel into an innovative office space. The 4.65 acres are located just south of Interstate 90; part of the acreage includes a small pond. The sale price for this property is $1,600,000.

Office Space Market

Sleek, LEED certified complexes and charmingly retrofitted historic buildings make up the majority of the office space market in this town. The property at 209 West Central Street has 62,260 square feet of space in a brilliantly restored multi-story modernist structure built in 1965. Located off Route 135, this structure offers suites of varying sizes for lease, with a maximum contiguous space of 2,569 square feet. The building features a central atrium and conference facility, and is located next to a restaurant and fitness center. It is also only 0.4 miles from the MBTA Commuter Rail line, and has a landscaped campus. The estimated rent for this property is $1.50 to $1.67 a square foot per month.

The stately clapboard exterior of the structure at 10 Union Street gives way to a meticulously decorated interior that includes a furnished reception room that features wallpaper of various historic buildings. Located off Route 135, the building is 0.5 miles from the MBTA Commuter Rail line. With a total of 16,000 square feet, the building has one unit of 1,090 square feet for sale. Built in 1988, this unit is perfect for a medical office; it includes three private offices, a reception area, and storage space. The purchase price for this unit is $229,000, or $210.09 per square foot.

Developers looking for an excellent deal should take note of the property at 987 Worcester Street, which has 2,170 square feet of office and live/work space off Route 9 near the scenic Cochituate State Park. With two stories, this building from 1950 has been well-maintained, but offers developers the option to tear it down in favor of redevelopment. The current structure has room for five offices, a reception area, and a half bath on the first floor, with the second floor dedicated to residential purposes. The property also has a paved area perfect for parking. The sale list price for this property is $579,000.

The office complex on 222 North Main Street is located off Route 27 and has 9,003 square feet of total leasable area. Built in 1968, the property has excellent visibility in the form of road frontage. The suites in this building have an open layout, onsite parking, and basement storage space with private entrances. Built in 1968, the interiors have been renovated. The estimated rent for this property is $1.50 per square foot per month.

Retail Space Market

Numerous retrofitted historical buildings downtown and retail complexes near woodlands are the primary types of retail space in this town. The storefront space at 7-17 Washington Street is located in the center of the city, and features enormous display windows that look out onto the sidewalk. With 6,076 square feet of total leasable space, this property is within walking distance of the MBTA Commuter Rail line and located off Route 135. The estimated rent for this property is $2.08 per square foot per month.

The property at 127 West Central Street has two stories of brick and masonry construction, with banks of windows and box-light business signage. With an onsite parking lot and a freestanding stand alone garage, this property, which was built in 1990, is located near the waterfront on Route 135, and has 20,900 square feet of leasable space. The lot size is 1.19 acres, and offers a perfect investment opportunity. The sale list price for this building is $3,350,000.

The elegant brick building at 13 West Central Street is located downtown, and was thoroughly renovated in 2017. It features a beautifully finished front dining patio with floor to ceiling windows, as well as an enormous interior space with an open floor plan. The building’s 18,000 square feet of leasable space can be broken into several smaller suites. A unit of 2,603 square feet was recently placed on the market for lease. The estimated rent for this property has not been disclosed.

For those seeking space in a low slung retail complex, the property at 4 Wethersfield Road offers large, clean spaces off Route 9. The 11,950 square foot complex was built in 1953, and features an enormous onsite parking lot in an area bordered by trees. The estimated rent for this property is $1.83 per square foot per month.

Click Here to View Today's

Commercial Property List