148 Montello StBrockton, MA 02301

Property Details for 148 Montello St

Year built

1930

Lot size

0.08 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $673,693

  6.5%

  $621,870

  7%

  $577,451

• Comparable approach

  Method

  Valuation

  Relative Method

  $912,718

  Geo Method

  $912,718

• Alternative Use

  Use

  Valuation

  Residential

  $524,571

  Hospitality

  $480,504

  Educational

  $399,774

  Medical

  $413,523

  Retail

  $621,870

Location Insight

City

Brockton

County

Plymouth

State

Massachusetts

Latitude

42.0827

Longitude

-71.017

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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