News: Northern New England

Levy, Lee, and Reagan of Berkshire Hathaway Verani Realty sell two downtown Derry properties $3.25 million

20 East Broadway - Derry, NH

Derry, NH 20 East Bdwy. (19,149 s/f bank building) and 7 McAllister Ct. (1,473 s/f bank drive-thru/teller building) have been sold. This sale marks a milestone for the downtown business community.

Andrew Levy

 

Jay Lee

 

Kim Reagan

 

Andrew Levy (senior manager-retail), Jay Lee (senior advisor) and Kim Reagan (director) of Berkshire Hathaway Verani Realty’s commercial division represented the seller in this $3.25 million transaction.

The property, built in 1917 on 1.43 acres, offers visibility and accessibility.

“These properties represent the strength of Derry’s evolving commercial market,” said Reagan. “With an absolute lease in place, the buyer benefits from a true turnkey investment, while the community continues to thrive and the investor plans for the future re-adaptive use with an established business anchoring these locations.”

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