Property profile

148 Montello St Brockton, MA 02301

OFF-MARKET
Turn key restaurants
Property ID
US38-0547902
2,772 SF 0.08 ac lot Built 1930
Entity Owned 21-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Corporate Office

Location

148 Montello St Brockton, MA 02301
Brockton metro Census 510900 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2004
2 recorded transactions
2004
$175,000
1988
$35,700

Zoning & alternative use

C2 · Brockton, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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