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Two-Story Mixed-Use Property

1012 Main Street, Brockton, MA 02301

For Sale
$850,000

Restaurant space and an upstairs residential unit create a two-level commercial and residential layout.

Property Size3,962 SF
Price / SF$214.54
Days on Market165

Property Features for 1012 Main Street

General Information

Standard status Active
Size 3,962 SF
Property subtype Commercial

Additional Details

Road Access Yes

Building Details

Year Built 1900
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: V & E Realty
Listed By: Derek Wong · License #455500324
Source: Sarkisboston
Added: May 27 Changed: Nov 6 Last Checked: Nov 6 at 10:00AM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding mixed-use property contains 3,962 square feet across two stories, combining commercial and residential components. The first floor is configured primarily for restaurant use, with a dining area and space suited to ongoing business operations. An upstairs six-room residential unit adds a separate living component and supports the property’s current income-producing use.

The property sits at 1012 Main Street in Brockton, with exposure to a highly traveled roadway. Public remarks report thousands of vehicles passing daily, providing prominent street presence for the commercial portion. A large on-site parking lot serves customers, tenants, and employees. Constructed in 1900, the building offers an established mixed-use format with both business and residential occupancy.

Key Highlights

  • 3,962‑square‑foot freestanding mixed‑use building
  • Two‑story layout with commercial and residential components
  • First floor configured primarily 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 (±1% cap)
NOI $73,545 @ 7.0% cap · market cap 8.65%
Second Best
Specialty Retail
$971.2K
$849.8K – $1.13M (±1% cap)
NOI $67,982 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M (±1% cap)
NOI $131,906 @ 7.0% cap · market cap 15.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Acupuncture Carpet & Flooring Store Electrical Service Catering Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

896
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 69% Dining 23% Electronics 7% Apparel 1%
Family Dollar Shops & Services
8,692 visits/mo 0.2 miles
Dunkin' Donuts Dining
7,821 visits/mo 0.1 miles
Shell Shops & Services
5,800 visits/mo 0.1 miles
Gulf Oil Shops & Services
2,769 visits/mo 0.2 miles
Advance Auto Parts Shops & Services
2,527 visits/mo 0.4 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

Market

Average Price Trend$/SF for Mixed-use properties in Plymouth County, MA

$236 Jul
$214 Aug
$215 Sep
$205 Oct

Properties on Market for Mixed-use properties in Plymouth County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant space and an upstairs residential unit create a two-level commercial and residential layout.
Where is this mixed-use property located?
The property is located at 1012 Main Street 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 freestanding mixed‑use building; Two‑story layout with commercial and residential components; First floor configured primarily for restaurant use with dining area
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Includes: Price & PSF · Cap rate · Location · Zoning

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