Daycare operators purchase Natick building for $3.6M
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The former site of Mass Diving in Natick is set to become the location of a daycare.
A 10,000-square-foot retail building in Natick has been purchased by the operators of a number of The Learning Experience daycare centers in Massachusetts, as the Florida-based company prepares to open a location at the site.
The property, located at 247 West Central St., was sold in a deal finalized on Tuesday to Natick Learning RE LLC, according to Middlesex South Registry of Deeds records. Natick Learning is a Littleton-based entity managed by Vidhi Laddha, the co-owner of a number of franchises of The Learning Experience operating in Massachusetts.
With more than 600 open or planned centers nationwide, TLE operates locations in Central Massachusetts in Marlborough, Milford, and Shrewsbury, according to its website, with additional planned locations at 515 West Central St. in Franklin and at 561 Plantation St. in Worcester, the proposed site of a small office park. A Natick location is listed on the website as opening soon.
The property was sold by the 247 West Central Street Realty Trust of Medway, a trust operated by Mark Potter.
The site was a former location of Mass Diving, a scuba diving-focused company owned by Potter closed in 2023, according to an article from Natick Report. Mass Diving formerly sold diving equipment and supplies from the location, but continues to offer scuba training and travel guide services, according to its website.
The 1.15-acre property contains a building constructed in 1981, which is divided into three different units. The parcel was given a tax assessment value of $1.2 million in 2024, according to Town of Natick property records.
Ria McNamara of Retail Real Estate Advisors in Natick served as the listing broker for this transaction.
This sale is at least the second childcare-related property transaction to happen in Natick in August, as the site of The Tobin School was sold on Tuesday for $2.75 million.
Eric Casey is a staff writer at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.
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