14 Florence St, Brockton, MA 02301

Commercial Warehouse Investment Opportunity

10,584 SF Multi-Tenant Warehouse Downtown Brockton NOI ~$70,000

This versatile commercial warehouse offers a rare opportunity for investors or owner-users seeking stable income and future flexibility. Located in the heart of downtown Brockton, the property spans 10,584 square feet across four separately metered units, all currently occupied by tenant-at-will businesses generating $85,200 in annual gross income.

🔑 Property Highlights

• Building Size: 10,584 SF Lot Size: 22,507 SF (0.51 acres)

• Ceiling Height: Approx. 15 feet

• Drive-In Doors: 3 Loading Dock: 1

• Restrooms: 4 Parking: 20+ paved spaces

• Sprinkler System: Yes Electric: Separately metered

• Zoning: R3 – Legal conforming use

• Year Built: 1930 Construction: Frame Roof: Membrane & asphalt/composition shingles

💼 Investment Overview

• Gross Income: $85,200/year

• Estimated Expenses: ~$15,000/year

• Net Operating Income (NOI): ~$70,000/year

• Current CAP rate: 8.00%

• Taxes (2025): $10,425

🔧 Flexibility & Future Potential

• Dividable or Convertible: Interior walls can be removed to create a single 10,000+ SF unit

• Use Potential: Ideal for warehousing, light manufacturing, distribution, or owner-occupancy

• Location: High-visibility downtown site with strong traffic count and easy access to major routes

Opportunity to purchase adjacent property for a powerful income-producing portfolio. Combine 18 Florence Street (4-family residential, NOI ~$77,840) with 14 Florence st (10,584 SF commercial warehouse NOI ~$70,000) for a total gross income exceeding $172,000 annually. Both properties are zoned R3 and offer long-term upside with stable tenancy, recent upgrades, and flexible use potential. Ideal for investors seeking scale, location, and cash flow in downtown Brockton