The Conrad Group, Inc. brokers $1.7 million sale of 333 Columbia Road

February 14, 2013 - Front Section

333 Columbia Road - Hanover, MA

According to The Conrad Group, Inc., they have recently handled the sale of 333 Columbia Rd. on behalf of the former owner, 333 Columbia Road LLC.
The 14,000 s/f retail strip center is located at the intersections of Rte. 53 and Broadway. Historically, the building had a strong tenant roster which includes Mama Mia's, Super Cuts, Tanning Plus and The Dance Workshop.
In 2009, major improvements were made to the exterior of the property which included a new drainage system along with a new parking lot. The new owner, Bob Sennett doesn't plan any major changes to the property. Tenancy is presently at 100%.
The investment sales team at The Conrad Group represented the seller and secured the buyer.
According to the Plymouth Registry of Deeds, the sale price was $1.7 million.
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