SOLD
Pine Street Development LLC Acquires Mixed-Use Property In Swampscott, MA
12 Pine Street
Mixed-use
14,984 SF
14,984 SF
Sold 1 year ago
Summary
Sale
MASSACHUSETTS
Mixed-use
14,984 sqft
Pine Street Development LLC, led by Mike Vienneau, has acquired a mixed-use property located at 12 Pine Street in Swampscott, MA. The sale was facilitated by John Craig of Marcus & Millichap on behalf of the seller, Pine Street Realty Trust. The transaction took place on 12/02/2021.
Summary of Transaction Details
- Property Type: Mixed-Use
- Transaction Amount: $1,593,000
- Address: 12 Pine Street, Swampscott, MA
- Market: Swampscott, MA
- Buyer: Pine Street Development LLC - Mike Vienneau
- Seller: Pine Street Realty Trust
- Broker: John Craig - Marcus & Millichap
This property spans approximately 14,984 square feet and was sold at a price of $1,593,000, resulting in a price per square foot of $106. Situated in the heart of Swampscott, it offers convenient access to the Swampscott Commuter Rail Station, restaurants, and beaches. Pine Street Development LLC plans to develop it into a 34-unit rental property, featuring one large retail space and 33 residential units.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Mike Vienneau
DATE: 12/02/2021
ADDRESS: 12 Pine Street
MARKET: Swampscott, MA
ASSET TYPE: Mixed-Use
BUYER: Pine Street Development LLC - Mike Vienneau
SELLER: Pine Street Realty Trust
BROKER: John Craig - Marcus & Millichap
ASKING PRICE: $1,593,000
SALE PRICE: $1,593,000
SF: 14,984 ~ PPSF: $106
NOTE: This is Broadway Capital's latest proposed mixed-use development project located in Swampscott MA. This 34-unit rental property will feature 1 large retail space and 33 residential units. This property is conveniently located in walking distance to Swampscott Commuter Rail Station, restaurants and beaches.View on map
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Address12 Pine Street
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