Two-Story Mixed-Use
1012 Main St, Brockton, MA 02301
For Sale
$850,000
Freestanding commercial and residential building with restaurant space, a six-room apartment, and on-site parking.
Property Size1,900 SF
Price / SF$214.54
Days on Market101
Property Features for 1012 Main St
General Information
Standard status
Size
Lease Term
Additional Details
Road Access
Multifamily Units
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
V & E Realty
(617) 786-9399
Listed By:
Derek Wong · License #455500324
(617) 290-8289
Source:
Iverty
Added: Jul 30
Changed: Nov 6
Last Checked: Nov 6 at 9:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of V & E Realty
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Investment Insights
Based on property information with market context.
This freestanding two-story mixed-use property contains 3,962 square feet and was built in 1900. The first floor is configured for commercial use and has operated as a restaurant, with a dining area suitable for ongoing restaurant operations or another business use. The second floor includes a six-room residential unit, creating a combined commercial and residential layout.
The property is located on Main Street in Brockton and includes an on-site parking lot serving customers, tenants, and employees. The roadway carries thousands of vehicles daily, providing substantial passing exposure. The property currently generates rental income and is being offered with an ongoing business in place.
The property is located on Main Street in Brockton and includes an on-site parking lot serving customers, tenants, and employees. The roadway carries thousands of vehicles daily, providing substantial passing exposure. The property currently generates rental income and is being offered with an ongoing business in place.
Key Highlights
- 3,962‑square‑foot mixed‑use property built in 1900
- Two‑story freestanding building with commercial and residential components
- First floor configured for restaurant use with dining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,545
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,470,900
$1.5M
Cap Rate 7%
$1,050,643
$1.1M
Cap Rate 9%
$817,167
$817.2K
Market Conditions
NOI Build-Up for 3,962 SF
Gross rent
$130.7K $33.00/SF
− Vacancy
−$13.1K −$3.30/SF
EGI
$117.7K $29.70/SF
− OpEx
−$44.1K −$11.14/SF
NOI
$73.5K $18.56/SF
Area
Brockton, MA
Vacancy
10.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,470,900
Cap Rate 7%
$1,050,643
Cap Rate 9%
$817,167
Alternative Uses
Best Use
Mixed Use
$1.05M
$919.3K – $1.23M
NOI $73,545 @ 7.0% cap · market cap 8.65%
Second Best
Specialty Retail
$971.2K
$849.8K – $1.13M
NOI $67,982 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M
NOI $131,906 @ 7.0% cap · market cap 15.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Apparel 3%
Shell
Shops & Services
5,800 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
2,527 visits/mo
0.0 miles
Muffler Man
Shops & Services
928 visits/mo
0.1 miles
Finish Line
Apparel
299 visits/mo
0.2 miles
Demographics for 02301, MA
69,418
Population
24,592
Households
2.8
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
5,598
Density / Sq Mi
$72,727
Median Household Income
$43,588
Median Earnings
$1,566
Median Rent
$414,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Plymouth County, MA
Properties on Market for Mixed-use properties in Plymouth County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Freestanding commercial and residential building with restaurant space, a six-room apartment, and on-site parking.
Where is this mixed-use property located?
The property is located at 1012 Main St Brockton, MA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,962‑square‑foot mixed‑use property built in 1900; Two‑story freestanding building with commercial and residential components; First floor configured for restaurant use with dining area
