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    OFF-MARKET
    Turn key restaurants

    148 Montello St, Brockton, MA 02301

    2,772 SF 0.08 ac lot Built 1930
    Entity Owned 21-yr Hold Free & Clear
    Property ID
    US38-0547902
    Property summary
    AI-generated overview

    This exceptional turn-key opportunity presents a thriving restaurant and bar situated on a 0.08-acre lot at 148 Montello in Brockton, Massachusetts. Priced at $790000, this property offers a unique blend of established business and significant growth potential. The sale includes the real estate along with the existing restaurant and bar operations, complete with valuable assets such as a full liquor license and a Massachusetts State Lottery license. This allows for immediate revenue generation and established clientele. The property's strategic location near the Brockton Commuter Rail station ensures convenient access for both employees and patrons, while its proximity to downtown Brockton provides easy access to a wide range of amenities and a vibrant community. The square footage of the building is not currently specified, however, the 0.08-acre lot provides ample space for outdoor seating or potential expansion. This is a rare opportunity to acquire a well-established business with existing licenses in a desirable location. The property is ready for a new owner to step in and continue its success or to implement their own vision and further enhance its profitability. Serious inquiries are encouraged to explore this lucrative investment opportunity. Financial details and further information are available upon request. Don't miss out on this chance to own a thriving business in a growing area.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1930
    Total area 2,772 SF
    Lot 0.08 ac (3,276 SF)
    Zoning code C2
    APN BROC M:150 R:032 S:
    UPID US38-0547902
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • King Woodward Auto Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Cardosa Cafe INC · 21 yrs held
    Cardosa Cafe INC
    since 2004
    2 recorded transactions
    2004
    $175,000
    1988
    $35,700
    Zoning & alternative use
    C2 · Brockton, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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