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News:
Owners Developers & Managers
Posted: April 6, 2010
Bauer of Weichert Dunhill Commercial brokers $637,969 sale for buyer and seller
Adam Bauer of Weichert Dunhill Commercial brokered the sale of the 6,577 s/f investment property located at 599 Main St. The property has been considered a landmark in town for years and features two apartments, five retail units and 144 seat restaurant with 1,800 s/f dining patio/bar underneath a 150 year old Beech Tree.
Bauer represented both the buyer Beech Tree Alley LLC and the seller Raposo Realty Trust. The new buyers plan on a substantial revitalization and rehabilitation project at this site. Their intentions are to revive the downtown landmark into a thriving shopping and dining area. Retail space will be available immediately. The sale price was $637,969 based on $97 price per s/f. Attorney Stan Nowak of Nowak Law and Jay Peabody of Partridge, Snow & Hahn LLP handled the closing.
For further comments on this sale please feel free to call our office at 508-790-4500.
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