68 Fld St Brockton, MA 02301-2416
- Turn key restaurants
- 7,388 SF
- 0.19 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 68 Fld St
- Year built
- 1920
- Lot size
- 0.19 lot acres
- Property size
- 7,388 SF
- Zone code
- C2
- Property type
- Turn key restaurants
- APN
- BROC M:169 R:007 S:
- APU
- BROCM169R007S
Description
This exceptional commercial property, located at 68 Field St in Brockton, MA, presents a unique investment opportunity. The main building, previously operating as a bar/lounge/nightclub, sits on a 0.19-acre lot and is accompanied by three adjacent parcels at 837 North Montello St, 71 Field St, and 0 Field St, totaling approximately 20,000 square feet of industrially/commercially zoned land. The combined property enjoys a high-traffic location on busy Route 28, providing excellent visibility and accessibility. Its strategic position offers proximity to the Boston Commuter Rail, ensuring convenient transportation links. The surrounding area boasts a strong commercial presence, with established businesses including Walmart, Stop & Shop, Papa Gino's, McDonald's, Auto Zone, and Kentucky Fried Chicken. The building itself was undergoing renovations but is being sold "as is," allowing for potential customization to suit a buyer's specific needs. A transferable liquor license is included in the sale, subject to qualification. Ample parking is available on both sides of the property. This prime real estate in Brockton offers significant potential for a variety of commercial ventures. Buyer is responsible for conducting their own due diligence.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $205,000
- 7%
- $215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $210,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $240,000
- Retail
- $230,000
- Mixed-Use
- $240,000
- Hospitality
- $220,000
- Educational
- $260,000
- Residential Income
- $230,000
- Energy
- $260,000
- Income-Based Land
- $260,000
- Food Service
- $230,000
Location Insight
- Map
- Local Demand
- City
- Brockton
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -71.022
- Latitude
- 42.1058
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA