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Two-Unit Retail/Office Building

1574 Main Street Brockton, MA 02301

1574 Main Street, Brockton, MA, 02301
$524,000
For Sale
$524,000

Two-level commercial building with salon and tax services use, supported by on-site parking for up to 16 vehicles.

Property Size2,876 SF
Price / SF$182.20
Days on Market115

Property Features for 1574 Main Street

General Information

Standard status
Active
Size
2,876 SF
Property subtype
Commercial

Building Details

Year Built
1971
Listing agency Coldwell Banker Realty - Easton
Listed by Regina Gabriel
Source Hammondre
Added: Mar 30 Updated: Jul 22 at 7:56AM Checked: Jul 22 at 7:56AM

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 Coldwell Banker Realty - Easton


Investment Insights

Based on property information with market context.

This two-level commercial building is set up with two distinct spaces. One unit has been operating as a hair salon for many years, while the other is currently used for tax services.

The building is described as commercially zoned and has on-site parking for approximately 12 to 16 vehicles, supporting day-to-day customer access.

For-sale opportunity featuring two separate uses within a single storefront-style property, with parking on site.

Key Highlights

  • Two‑level commercial building built in 1971
  • Currently set up for hair salon use
  • Second space used for tax services

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $63.8k $22.20
− Vacancy −$5.4k −$1.89
EGI $58.4k $20.31
− OpEx −$17.5k −$6.09
NOI $40.9k $14.22
2,876 SF · lease $22.20/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$937.4K
$820.2K – $1.09M (±1% cap)
NOI $65,616 @ 7.0% cap · market cap 12.52%
Second Best
Retail
$584.2K
$511.2K – $681.6K (±1% cap)
NOI $40,894 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $95,750 @ 7.0% cap · market cap 18.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Acupuncture Carpet & Flooring Store Electrical Service Catering Service Bakery Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Storefront property - Two-level commercial building with salon and tax services use, supported by on-site parking for up to 16 vehicles.
Where is this storefront property located?
The property is located at 1574 Main Street Brockton, MA.
What is the asking price?
The asking price for this property is $524,000.
What are key features of this property?
This property features: Two‑level commercial building built in 1971; Currently set up for hair salon use; Second space used for tax services
Contact an agent
More about this property
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