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Executive Summary
Cushman & Wakefield’s New England Multifamily Advisory Group is pleased to present the opportunity to acquire 21 ELIOT STREET, 3 acres of beautifully maintained and natural grounds in Natick, Massachusetts. Currently improved by four well-preserved buildings featuring a mix of office and retail spaces, the property presents an unparalleled opportunity for commercial and residential redevelopment.
The underlying zoning of 70% RSC and 30% CII allows for a multitude of development options.
The property is situated in the vibrant suburban town of Natick, located approximately 15 miles west of downtown Boston. Residents are served by several major highways (I90, Mass Pike, and Route 9) and the Natick MBTA Station which provides direct access to Boston. Natick is also home to one of the largest retail centers in the region – the Natick Mall. The town offers an ideal balance of suburban charm and urban amenities with close proximity to career opportunities in Boston.
The underlying zoning of 70% RSC and 30% CII allows for a multitude of development options.
The property is situated in the vibrant suburban town of Natick, located approximately 15 miles west of downtown Boston. Residents are served by several major highways (I90, Mass Pike, and Route 9) and the Natick MBTA Station which provides direct access to Boston. Natick is also home to one of the largest retail centers in the region – the Natick Mall. The town offers an ideal balance of suburban charm and urban amenities with close proximity to career opportunities in Boston.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
16,919 SF
Building Class
B
Year Built
1930
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,640 SF
Slab To Slab
10’
Building FAR
0.13
Lot Size
3.00 AC
Zoning
Commercial - no residential units currently, all office and retail space
Parking
39 Spaces (2.31 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | NATI-000054-000000-000066 | Improvements Assessment | $1,374,872 CAD |
| Land Assessment | $2,117,117 CAD | Total Assessment | $3,491,989 CAD |
Property Taxes
Parcel Number
NATI-000054-000000-000066
Land Assessment
$2,117,117 CAD
Improvements Assessment
$1,374,872 CAD
Total Assessment
$3,491,989 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
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21 Eliot St
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