148 Montello St Brockton, MA 02301
- Turn key restaurants
- 2,772 SF
- 0.08 lot acres
Current Use by Public Records
- King Woodward Auto / Corporate Office
Property Details for 148 Montello St
- Year built
- 1930
- Lot size
- 0.08 lot acres
- Property size
- 2,772 SF
- Zone code
- C2
- Property type
- Turn key restaurants
- APN
- BROC M:150 R:032 S:
- APU
- BROCM150R032S
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $230,000
- 7%
- $235,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $195,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $210,000
- Mixed-Use
- $240,000
- Hospitality
- $235,000
- Educational
- $215,000
- Residential Income
- $185,000
- Energy
- $190,000
- Income-Based Land
- $230,000
- Food Service
- $235,000
Location Insight
- Map
- Local Demand
- City
- Brockton
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -71.017
- Latitude
- 42.0827
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA