Tony Vacca of Conway Commercial recently brokered the $265,000 sale of a business-zoned residential property at 59 Old Webster St. Vacca represented both the buyer, Stephen LeVangie of LeVangie Electric in East Weymouth, and the seller, the Staples family of Hanover.
"The home is in poor condition, but the new owner plans to raze the house, and build a 7,000 s/f industrial warehouse and offices on the site," said Vacca. "He intends to move his electrical contracting business from Weymouth to Hanover, to gain more space and greater accessibility to the highway."
According to Vacca, the building project was "received positively" by the town, and the property will be razed by this winter with construction to begin in the spring.
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.