DD Holbrook Building - Retail

Commercial Retail Space for Rent Located just outside Holbrook Center on Route 37, this retail space boasts high visibility on a heavily traveled road, positioned conveniently south of the bustling intersection of Route 139. The unit offers 2600+- square feet of prime retail space at 204 S Franklin Street, which serves as the main thoroughfare connecting Brockton to Braintree. It's an ideal spot for a retail store, with the added advantage of being situated across from a new High School and in front of a 300-unit rental complex, ensuring a steady flow of potential customers from the surrounding high-traffic area. Previous tenants included a convenience store and an auto sound center. DEMOGRAPHICS: Located at 204 S Franklin St., Holbrook, MA 02343, this property boasts a dynamic mix of commercial and residential spaces. The highlight of the property is its spacious retail store unit, characterized by high visibility, large display windows, ample parking, and a customizable layoutperfect for businesses seeking a prime location with significant foot traffic. Additionally, the property features two secure garage units, both of which have been rented out and are suitable for storage or automotive use, each equipped with roll-up doors and electricity. Above the retail store, there is a cozy three-bedroom apartment, also currently rented, featuring an updated kitchen, a separate entrance, and convenient on-site laundry facilities. With its commercial and residential zoning, proximity to amenities such as restaurants, schools, and public transportation, this property offers a versatile opportunity for businesses and residents alike. The property management company recently obtained a professional appraisal for the entire property at $1.2 million. After this price, there is expected to be a 6% ( ) increase next year due to inflation. However, we are offering a discount if 3% of the purchase price is paid upfront. The owner intends to sell the property within one year or less and offers a lease-to-own program with the following terms: Monthly rent of $3,000 for an agreed-upon term (up to 1 year or less). A portion of the monthly rent ($300) will be credited toward the down payment when the tenant exercises the purchase option. A nonrefundable payment of 3% of the purchase price is required upfront. We also offer owner financing for buyers who may not qualify for a traditional mortgage due to insufficient down payment funds.