Calabrese and Valenti of R. Calabrese Agency complete 2 sales - $680,000

June 20, 2013 - Connecticut

329 Main Street - Wallingford, CT

Ralph Calabrese, R. Calabrese Agency, LLC

Tony Valenti, R. Calabrese Agency, LLC

Ralph Calabrese and Tony Valenti of the R. Calabrese Agency, LLC were the sole brokers involved in the sale of a 902 s/f office condominium located at 329 Main St. The condominium is part of Village Commons, located adjacent to a variety of other businesses, and this property's excellent location allows for access to the Wallingford area and other neighboring towns. Village Commons is a two-story building, constructed in 1988, and is occupied by a variety of local, longstanding small businesses. Liberty Driver's Education Center, LLC was the buyer.
Calabrese and Valenti also sold 0.75 acres of vacant commercial property to 100 East Main Street, LLC for $600,000. This property is located on the West St. (Rte. 229) corridor, less than one-quarter mile from I-84 in Southington. The new owners are preparing to construct a 1,800 s/f Dunkin' Donuts with drive thru. The Dunkin' Donuts parcel is located in front of and is adjacent to a new Homewood Suites Hotel by Hilton, currently under construction. The Dunkin' Donuts and Hotel are anticipated to open in the third quarter of this year.
The seller was Westcorp, LLC, and the R. Calabrese Agency, LLC was the sole broker involved in this transaction.
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