Vernco Raymond Two, LLC with George Vernet, III as its manager, has purchased the one story 58 Rte. 27 (former Freetown Yankee Market) building from People's United Bank. The 13,694 s/f building consists of a newly-constructed restaurant and full meat and produce market.
This 5.06 acre corner site is at a traffic signal at the intersection of Rtes. 27 and 107. Neighbors include Walgreens, Advance Auto Parts, Hannaford Supermarket, Rite Aid, McDonald's and Dunkin' Donuts.
The building was purchased for $660,001 at auction from James St. Jean Auctioneers.
Financing was provided by Danversbank.