Free-Standing Restaurant with
192 Warren Ave Brockton Brockton, MA 02301
192 Warren Ave Brockton, Brockton, MA, 02301
$725,000
For Sale
$725,000
Purpose-built multi-level restaurant building with an equipped kitchen and on-site parking lot in a C2 downtown zone.
Property Size2,490 SF
Price / SF$291.16
Days on Market49
Property Features for 192 Warren Ave Brockton
General Information
- Standard status
- Active
- Size
- 2,490 SF
Building Details
- Year Built
- 2007
Listing agency
Stony Brook & Lennox Realty Advisors
(508) 643-8166
Listed by
Sharon Lucido · License #449592899
(508) 643-8166
Source
Bournetosellrealestate
Added: Jun 5 Updated: Jul 23 at 6:00AM Checked: Jul 23 at 6:00AM
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 Stony Brook & Lennox Realty Advisors
Investment Insights
Based on property information with market context.
This free-standing, commercially zoned building was constructed less than 20 years ago and is designed for restaurant and event use, with flexible space across multiple levels. The first floor includes 1,040 SF and features a fully equipped commercial kitchen, supporting dine-in, take-out, or delivery concepts. The finished lower level adds 670 SF and includes a walk-in cooler, offering space suited for private events, catering operations, or expansion. A further 780 SF on the 2nd level can serve as office or event space.
The property is located in the heart of Downtown Brockton with a parking lot. It is positioned for foot traffic and transit access, and the listing notes ongoing redevelopment in the surrounding area.
Zoning is C2, and the remarks indicate the building is zoned for restaurant, retail, professional office, and business use. The seller also notes potential for vertical expansion, subject to buyer due diligence.
The property is located in the heart of Downtown Brockton with a parking lot. It is positioned for foot traffic and transit access, and the listing notes ongoing redevelopment in the surrounding area.
Zoning is C2, and the remarks indicate the building is zoned for restaurant, retail, professional office, and business use. The seller also notes potential for vertical expansion, subject to buyer due diligence.
Key Highlights
- Free‑standing commercial building built in 2007 in Downtown Brockton, zoned C2.
- 1,040 SF first‑floor space with a fully equipped commercial kitchen for dine‑in, take‑out, or delivery concepts.
- Finished lower level adds 670 SF for private events or catering, with a walk‑in cooler.
Local Financial Insights For Office B
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 | $97.1k | $39.00 |
| − Vacancy | −$21.4k | −$8.58 |
| EGI | $75.7k | $30.42 |
| − OpEx | −$18.9k | −$7.61 |
| NOI | $56.8k | $22.82 |
2,490 SF · lease $39.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$811.6K
$710.1K – $946.8K
NOI $56,809 @ 7.0% cap · market cap 7.84%
Second Best
Specialty Retail
$610.4K
$534.1K – $712.1K
NOI $42,725 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,899 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Only One Jamaican ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Purpose-built multi-level restaurant building with an equipped kitchen and on-site parking lot in a C2 downtown zone.
Where is this conventional restaurant located?
The property is located at 192 Warren Ave Brockton Brockton, MA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Free‑standing commercial building built in 2007 in Downtown Brockton, zoned C2.; 1,040 SF first‑floor space with a fully equipped commercial kitchen for dine‑in, take‑out, or delivery concepts.; Finished lower level adds 670 SF for private events or catering, with a walk‑in cooler.
