Paul Durgin, vice president of Conway Commercial, recently brokered the sale of 396 South Ave. for $500,000. Located adjacent to the train stop, the site was the home years ago of McGrath's Oil Company, and now consists of a retail/office building along with a car wash, situated on 2.6 acres.
Durgin represented the buyer, John Vemis, owner of the Regal Marketplace, which is across the street from the property. Richard Rosen of Rosen Realty represented the seller, McGrath Realty Trust. Vemis plans to build a new retail building on the site.
Tony Vacca, of Conway Commercial, recently brokered the sale of 12 acres of land on Route 58 in Halifax for $429,000. The property, known as the Waterman Estate, is located by the intersection of Routes 58 & 106.
The buyer, Ridder Road LLC, plans to develop residential homes on the site. Construction of single family homes is slated to commence by September. Vacca represented the seller and procured the suyer.
Conway Commercial was established in 1956 as a division of Jack Conway & Co., Inc., one of the largest independently owned real estate companies in New England.