MLS® ID: 72534017
33 West Elm St
Brockton, Massachusetts, 02301 $2,800,000
***** LOOKING FOR INCREDIBLE CASH FLOW***** Real Estate and Business motel/rooming house located in Federally Designated Opportunity Zone with tremendous upside. Tavern licensed for 226 capacity, Motel approved for 65 rooms. Private parking lot (22) with additional street parking. State of the art security, camera, alarm and phone system. Recent updates: sprinkler system, heating system, generator, electric. Other income potential: laundry, vending, parking, solar array (currently installed), conference rooms. With sale, these licenses will convey - COMMON VICTUALER, INNHOLDER, LOTTERY, ENTERTAINMENT, FOOD, AUTOMATIC AMUSEMENT DEVICE, LODGING HOUSE, MOTEL. Possible historic grants available for this property. Downtown Brockton is currently in the midst of a huge urban revitalization project. Investor Prospectus, Blueprint Comprehensive Plan and Action Strategy from the City available upon request. Financial data will be shared with serious buyer.