News: Brokerage

Garvey of KWCLCG brokers $1.4 million sale of former Rite Aid property at 360 Summer St.

Bristol, NH Dave Garvey, managing director of Keller Williams Coastal Land and Commercial Group (KWCLCG), brokered the $1.4 million sale of the former Rite Aid property at 360 Summer St.

The transaction represents a strategic investment opportunity along one of the area’s most prominent commercial corridors.

The property, positioned near local anchors, offers development potential for future commercial ventures. Garvey’s market knowledge and approach secured an optimal transaction that showcases the site’s positioning within the evolving business district.

“This sale represents more than just a real estate transaction – it’s a catalyst for economic growth and community revitalization,” said Garvey. “The property’s location along Bristol’s key commercial corridor, combined with its substantial square footage and visibility, creates tremendous opportunities for innovative development that will benefit the entire community.”

The Summer St. corridor has emerged as a focal point for commercial development, with established businesses and growing traffic counts creating an attractive environment for investment. The former pharmaceutical retail space offers incoming developers a blank canvas for transformation, with the potential to attract new businesses and services to the area.

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