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Clark’s Block Building, a 43,000-square-foot mixed use building in downtown Natick, has been sold for $6 million to a Cambridge-based firm.
The property, located at 2 Summer St., was sold to The Clark Block LLC in a deal finalized on Thursday, according to Middlesex South Registry of Deeds records. The Clark Block is an entity managed by First Cambridge Realty Corp., a firm with more than 500 apartment units and 60,000-square feet of commercial and office space in the Cambridge area.
The building was sold by Kensington Investment Co., a firm co-headquartered in Boston and Park City, Utah.
Clark’s Block Building is located less than a block away from the Natick Center train station. Built in 1872, the three-story building contains retail tenants on the first floor and office space above, according to Kensington’s website.
The historic building in the heart of the town’s downtown area has held many events over its 152-year history, including the wake of Natick resident and former U.S. vice president Henry Wilson, according to a posting for the property on LoopNet, a real estate listing website. Wilson served as vice president of the United States under the administration of Ulysses Grant from 1873 until Wilson’s death in 1875.
The building is named for Nathaniel Clark, a 19th century businessman who was involved in the construction of the building.
The third floor contains a disused concert hall. Kensington had intended to demolish the hall to make way for more office space, but backed away from those plans following the COVID-19 pandemic and an online petition campaign to save the space, according to a January 2021 article from the MetroWest Daily News.
First Cambridge did not immediately respond to a request for comment from WBJ asking for more details on its intent for the property or the concert hall space.
Current tenants at the site include an Orangetheory Fitness center, a Bank of America location, and At Home Veterinary care center, according to Google Maps listings.
The property was given a tax assessment value of $3.8 million in 2024, according to Town of Natick property records.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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