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Palmyra, ME Retail Property Sold On Main St For $1.6M With Brokers Bob Horvath, Todd Tremblay, Matt Nadler & Dan Bernardini - Horvath & Tremblay

Property Image
SOLD
$1,602,705
Matthew (Matt) Nadler
Todd Tremblay
+ 1

Maine

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Retail
Sold 03/18/2022
the dealplayerscompscontact
Property Image
SOLD

Palmyra, ME Retail Property Sold On Main St For $1.6M With Brokers Bob Horvath, Todd Tremblay, Matt Nadler & Dan Bernardini - Horvath & Tremblay

1590 Main Street, Palmyra, Maine 04953, United States

See Similar Deals
Retail
Sold 03/18/2022
Matthew (Matt) Nadler
Todd Tremblay
+ 1
Contact now

Summary

MAINE
Asset Type:Retail
Transaction Type:Sale

A retail property located at 1590 Main St in Palmyra, ME has recently been sold for a total price of $1,602,705. The sale took place on 03/18/2022 and was facilitated by brokers Bob Horvath, Todd Tremblay, Matt Nadler, and Dan Bernardini of Horvath & Tremblay. The property features a prime location in the Palmyra market and offers potential for various retail opportunities.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $1,602,705
  • Date: 03/18/2022
  • Address: 1590 Main St, Palmyra, ME
  • Market: Palmyra, ME
  • Brokers: Bob Horvath, Todd Tremblay, Matt Nadler, Dan Bernardini - Horvath & Tremblay

This successful transaction showcases the expertise and professionalism of the brokers involved, Bob Horvath, Todd Tremblay, Matt Nadler, and Dan Bernardini, who represented the parties in the deal. With their guidance, the buyer and seller were able to reach an agreement that resulted in the sale of this retail property. The brokers' extensive knowledge of the Palmyra market and their negotiation skills were instrumental in the closing of this deal. This sale highlights the strong demand for retail properties in Palmyra, ME and the effectiveness of having experienced brokers to facilitate such transactions.

Players

Robert (Bob) Horvath
112 deals$556.4M volume
BROKER

Todd Tremblay
Horvath & Tremblay
103 deals$515.2M volume
BROKER

Matthew (Matt) Nadler
Horvath & Tremblay
33 deals$119.4M volume(781) 776-4014
BROKER

Daniel (Dan) Bernardini
Horvath & Tremblay
10 deals$33.6M volume
BROKER

Details

SOLD
IMAGE: Bob Horvath, Todd Tremblay, Dan Bernardini & Matt Nadler DATE: 03/18/2022 ADDRESS: 1590 Main St MARKET: Palmyra, ME ASSET TYPE: Retail BROKERS: Bob Horvath, Todd Tremblay, Matt Nadler & Dan Bernardini - Horvath & Tremblay SALE PRICE: $1,602,705

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$5,694.07
Cash-on-Cash Return-1.27%
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