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You are here:
190 Days on Boston Pads
Price Reduced $155,000
7 Photos
$895,000
Type: Commercial
Triple Net Lease (NNN)
7436 Bldg. SQFT
5 Restroom
Parking: N/A
40 Eliot St
Natick, MA 01760

Property Description

Now for sale - leasing is still an option or lease with option to purchase. Potential for residential redevelopment. Buyers to do their own due diligence. 40 Eliot Street was built as a church and mostly recently renovated into a school with multiple classrooms, a large kitchen and a large ground -level meeting room. The building has been used as a Montessori School & is now rented thru 6/30/2025 with 30 days notice after 2/1/2025 from tenant or landlord to terminate. The current tenant a religious school that is building a new facility. The ground level is h.c. accessible with one h.c. bathroom and above grade windows. The Town of Natick sold an abutting Town owned building to a developer of affordable housing. 32 Units are planned for the abutting parcel that fronts on the Charles River. For lease Asking $6,500/m. Currently on private sewer but town sewer is available and if sold Sellers will hook up to Town sewer. Attached full listing package with zoning info.

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Commercial
  • Location: Other (See Remarks)
  • MLS ID#: 73223765

Building Information

  • Total SQFT: 7436
  • Total Restrooms: 5

Construction & Utilities

  • Utilities: Private Sewer, Public Water, Sewer Available

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
09/01/2024Active$895,000$120MLSPIN
09/01/2024Active$895,000$120MLSPIN
08/28/2024Price Change$895,000$120MLSPIN
08/28/2024Price Change$895,000$120MLSPIN
06/25/2024Active$985,000$132MLSPIN
06/25/2024Active$985,000$132MLSPIN
06/21/2024Price Change$985,000$132MLSPIN
06/21/2024Price Change$985,000$132MLSPIN
04/22/2024Active$1,050,000$141MLSPIN
04/18/2024New$1,050,000$141MLSPIN
04/17/2024Active$1,050,000$141MLSPIN
04/13/2024Canceled$8,000$1MLSPIN
04/13/2024New$1,050,000$141MLSPIN
02/13/2024Active$8,000$1MLSPIN
02/09/2024New$8,000$1MLSPIN

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Map & Resources

Riverbend School

Private School, Grades: PK-8

0.05mi

St. Benedict Elementary Inc.

Private School, Grades: K-6

0.08mi

Memorial School

Public Elementary School, Grades: K-4

0.49mi

The Pizza Shop at South Natick

Pizza & Sandwich Restaurant

0.07mi

Natick Fire Department

Fire Station

0.06mi

MetroWest Medical Center: Leonard Morse Hospital

Hospital

1.05mi

Elm Bank Reservation

State Park

0.3mi

Francis Hunnewell Estate

Private Park

0.31mi

Francis Williams Estate

Private Park

0.51mi

Lookout Ridge

Private Nonprofit Park

0.51mi

Lookout Ridge

Private Nonprofit Park

0.53mi

Hunnewell Woods

Private Park

0.54mi

The Oaks

Private Park

0.56mi

Hunnewell Estate

Private Park

0.57mi

Memorial School Playground

Playground

0.43mi

Bacon Free Library;Natick Historical Society Building;Natick Historical Society Library

Library

0.12mi

Massachusetts Horticultural Society Library

Library

0.58mi

Massachusetts Horticultural Society Lib

Library

0.59mi

Seller's Representative: Marlene Aron, MWCRE LLC
MLS ID#: 73223765

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-10-18 16:47:00