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Bar and Pub with Parking

705 N Montello, Brockton, MA 02301

For Sale
$625,000

An existing bar operation occupies a space with an on-site parking lot and an interior ready for renovation.

Property Size1,920 SF
Days on Market9

Property Features for 705 N Montello

General Information

Standard status Active
Size 1,920 SF
Lease Term Listing ID: 73597004, Standard Status: Active, MLS Status: Active, Property Subtype: Commercial Sale

Property Condition

Severity Repairs Needed
Evidence The interior needs updating

Amenities

on-site parking lot

Building Details

Building Size 1,920 SF
Year Built 1920
Listing Agency: Zander Realty Group
Listed By: Natasha Smith Durand · License #9550783
Source: Iverty
Added: Oct 30 Changed: Nov 6 Last Checked: Nov 6 at 10:25AM

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 Zander Realty Group

Rey
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Investment Insights

Based on property information with market context.

This bar and pub property at 705 N Montello in Brockton includes an on-site parking lot. The building dates to 1920, and its interior requires updating. Vulcan Bar currently occupies the space.

Key Highlights

  • Current occupant is Vulcan Bar
  • On‑site parking lot
  • Building constructed in 1920

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,944
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,880 $658.9K
Cap Rate 7%
$470,629 $470.6K
Cap Rate 9%
$366,044 $366.0K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$47.2K $24.60/SF
− Vacancy
−$3.3K −$1.72/SF
EGI
$43.9K $22.88/SF
− OpEx
−$11.0K −$5.72/SF
NOI
$32.9K $17.16/SF
Area
Brockton, MA
Vacancy
7.00%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,880
Cap Rate 7%
$470,629
Cap Rate 9%
$366,044

Alternative Uses

Best Use
Specialty Retail
$470.6K
$411.8K – $549.1K (±1% cap)
NOI $32,944 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$913.2K
$799.0K – $1.07M (±1% cap)
NOI $63,922 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Vulcan Bar Brockton Bar & Pub

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

539
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 60% Shops & Services 40%
McDonald's Dining
22,708 visits/mo 0.5 miles
Family Dollar Shops & Services
10,613 visits/mo 0.4 miles
Stop & Shop Gas Shops & Services
2,539 visits/mo 0.5 miles
U-Haul Moving & Storage Of Brockton Shops & Services
1,686 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Similar Off Market Nearby

  • Protector's Club — 50 Herrod Ave, Brockton, MA 02301
  • Vulcan Bar Brockton — 705 N Montello St, Brockton, MA 02301
  • Salo Bar & Grill — 810 N Montello St, Brockton, MA 02301
  • Upscale Mobile Hookah Lounge, LLC — Brockton, MA 02302

Frequently Asked Questions

What type of property is this?
Bar & Pub - An existing bar operation occupies a space with an on-site parking lot and an interior ready for renovation.
Where is this bar & pub located?
The property is located at 705 N Montello Brockton, MA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Current occupant is Vulcan Bar; On‑site parking lot; Building constructed in 1920
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Includes: Price & PSF · Cap rate · Location · Zoning

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