658 Main StBrockton, MA 02301

  • Retail space
  • 1,476 SF
For Sale
$1,500,000 View listing

Property Details for 658 Main St

Year built
2001
Lot size
0.36 AC
Property size (Sq ft)
1,476 SF
Zone code
C2
Property type
Retail space
APN
BROC M:098 R:020 S:
APU
BROCM098R020S

Description

This exceptional commercial property at 658 North Main St, Brockton, MA, presents a unique investment opportunity. Priced at $1,500,000, this 0.36-acre lot encompasses a thriving, established glass business, complete with all operating equipment. The sale includes both the real estate and the fully operational business, offering immediate income potential and established clientele. This turnkey operation eliminates the need for start-up costs and allows for immediate revenue generation. The existing business provides a solid foundation for continued growth and profitability, while the property itself offers significant potential for future expansion or redevelopment. The property's location on North Main Street ensures high visibility and accessibility, attracting a steady stream of customers. This is an unparalleled chance to acquire a profitable business and valuable real estate in a desirable location. The sale includes all necessary equipment and inventory for the seamless transition of ownership. Serious inquiries only. Financial statements and detailed business information are available upon request, subject to a non-disclosure agreement. This is a rare opportunity to acquire a profitable, established business with significant upside potential. Don't miss out on this exceptional investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $279,212
    6.5%
    $257,734
    7%
    $239,325
  • Comparable approach

    Method
    Valuation
    Relative Method
    $200,568
    Geo Method
    $200,568
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $502,607
    Mixed-Use / Specialty
    $256,815
    Hospitality / Lodging
    $188,417
    Office
    $255,290
    Institutional / Educational
    $266,984
    Residential Income
    $312,372
    Multifamily
    $374,642
    Automotive / Energy
    $228,844
    Parking / Income-Based Land
    $78,971.20
    Restaurant / Food Service
    $133,572
    Healthcare / Senior Housing
    $263,359

Location Insight

City
Brockton
County
Plymouth
State
Massachusetts
Latitude
42.1
Longitude
-71.0211
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,869
$188,500
$346,600
$535,100
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-
-
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FAQs

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