Colliers Brokers Sell Retail Property In Blackstone, MA For $1,010,000
1247 Social Street, Blackstone, Massachusetts 02895, United States
$1,010,000
$148/SF
Building Size
6,812 SF
Asset Type
Retail
Closing
Mar 24, 2022
AI
The retail property located at 1247 Social St in Blackstone, MA has been sold for $1,010,000. The property spans 6,812 square feet, resulting in a price per square foot of $148.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,010,000
- Square footage: 6,812
- Price per square foot: $148
- Date: 03/25/2022
- Market: Blackstone, MA
The buyer's representative in this transaction is Bruce Corn from NAI/Merin Hunter Codman, while the seller was represented by Phil Gagnon, Ian Hunt, and John Cafasso from Colliers.
Players
Blackstone Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.71%
Cash-on-Cash
-4.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93