18 Perkins StBrockton, MA 02302

Property Details for 18 Perkins St

Year built

1979

Lot size

0.39 AC

Property size (Sq ft)

2,000 SF

Zone code

C2

Property type

Office buildings

APN

BROC M:135 R:037 S:

APU

BROCM135R037S

Description

This exceptional Brockton commercial property presents a unique investment opportunity. Situated on a spacious 0.39-acre lot, the property boasts a recently renovated 2,000 square foot building with versatile space ideal for a variety of uses. Currently configured as an auto detail shop, barbershop, retail space, and office area, the property offers immediate income potential or a blank canvas for a new venture. The C2 zoning allows for a wide range of business types, including automotive services, manufacturing, and warehousing. The building can be delivered vacant, providing flexibility for the new owner. Ample parking is available, accommodating over 80 vehicles. The expansive 17,000+ square foot lot presents potential for future expansion or redevelopment into a multi-story mixed-use structure. This property is priced to sell and represents a strong investment in Brockton's thriving commercial district. The absence of existing leases provides immediate control and customization options for the new owner. This is a rare opportunity to acquire a well-located, versatile commercial property with significant upside potential. Don't miss this chance to secure a prime location in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $392,774

  6.5%

  $362,560

  7%

  $336,663

• Comparable approach

  Method

  Valuation

  Relative Method

  $261,320

  Geo Method

  $261,320

• Alternative Use

  Use

  Valuation

  Residential

  $449,575

  Hospitality

  $411,808

  Educational

  $342,619

  Medical

  $354,403

  Retail

  $532,964

Location Insight

City

Brockton

County

Plymouth

State

Massachusetts

Latitude

42.0803

Longitude

-71.0152

CBSA code

14460

CBSA name

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

Property Tax & Assessments

FAQs

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