Rarely available opportunity in the heart of Natick Center. 49 Summer Street, a two-family house PLUS 20 Spring Street, a detached commercial/retail building situated adjacently. Tremendous potential for transformation/redevelopment. The property sits steps from other recently constructed developments on Summer Street. Natick Center is thriving with revitalization; a high demand for redevelopment and mixed-use residential. Current rental rates offer significant upside potential and all are tenants at will. Strong demand for new construction townhomes, condominium conversion, and retail space. This is the ideal location for your next successful project. Buyer to perform due diligence / verify all details and information to their satisfaction. An exceptional setting in an unbeatable location. Pre-approval, proof of funds or accepted offer requested prior to showing as tenants in place for +/- 60 days.
21 Eliot Street presents a unique investment opportunity in the heart of South Natick Center. Spanning 3 acres of beautifully maintained and natural grounds, this historic property is zoned for both commercial and residential use. Currently hosting four well-preserved buildings featuring a mix of office and retail spaces, it combines functionality with charm. Its excellent condition and versatile zoning make it an ideal opportunity for various uses including residential or mixed use development. A rare find in a sought-after area, this property is a valuable asset for any investor. Currently 100% leased through May 2025. Buyer to do own due diligence.
Natick is located in Massachusetts. Natick, Massachusetts has a population of 36,627. Natick is more family-centric than the surrounding county with 39.63% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Natick, Massachusetts is $122,914. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Natick is 42.3 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 48.4 inches per year, with 46.8 inches of snow per year.