MLS Number 72433285
- Multi-Family 5+ Family - 5+ Units Side by Side
- Year Built 1973
- Bedrooms 99
34 North Pearl Street is an phenomenal opportunity zone investment and development opportunity in eastern Massachusetts. The 4.5-acre property is in the northwest corner of Brockton at the nexus of Easton, Avon and Stoughton. The property's strategic location among these desirable communities coupled with proximity to the densely populated downtown Brockton area, Route-24 (providing excellent regional access) and nearby retail amenities, hospitals, and medical centers, ideally positions 34 North Pearl Street for a multitude of value-add strategies and redevelopment scenarios, including, apartments, assisted/skilled nursing, storage, hospitality and retail. Additionally, the property's location within an opportunity zone presents the ability to capitalize on the significant benefits of the new tax regulations. Historically operated as a 120-bed skilled nursing facility, the site is currently improved by a 64,000 square foot 2-story U-shaped building constructed in 1973.
Listed by Christopher Sower of Colliers International