4-8 Church St, Natick MA, 01760

Active

4-8 Church St

Natick MA, 01760

$9,950,000

Active

Commercial

Built in 1920

Pleased to present an exceptional opportunity for investors, builders, and developers: the chance to acquire a substantial portfolio on Natick's Church Street. This portfolio is situated on a 0.68- acre lot, featuring five (5) parcels, seven (7) independent buildings with twenty-eight (28) condo units on Church St. In 2023, the portfolio generated a total income of about $300,000, underscoring its robust income potential. This rare real estate offering includes in-place income and future rental growth by renewing and leasing all units at full market rates.This property benefits from DM (downtown mix-use) zoning with lot coverage of 60% under current zoning bylaw, allowing for future development of approximately 60+ units, upon zoning approval, across commercial, residential, or mixed-use buildings. This presents a versatile investment opportunity with promising potential returns. Adjacent to Natick Town Hall and Natick Common, this property enjoys a prime central location.

73294046

MLSⓇ ID

September 24, 2024

Listed

November 22, 2024

Updated

Map

4-8 Church St
Natick MA, 01760

Interior Features

Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.68 Acres

Other Property Details

Garage: No
Parking Total: 10
View: No
County: Middlesex
Pool: No
Zoning: 0

Courtesy of Dream Team, Dreamega International Realty LLC

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Data last updated 11:23 PM UTC, 11/22/2024