133-139 Broadway Retail Property In Somerville, MA Sold For $1.8M To 133-139 Broadway LLC

A retail property located at 133-139 Broadway in Somerville, MA has been sold. The property, measuring 2,803 square feet, was sold for a price of $1,800,000. The seller, J&J Realty Trust, entered into an agreement with the buyer, 133-139 Broadway LLC. The transaction was facilitated by broker John Bulman from Brad Hutchinson Real Estate. The property was initially listed for $2,250,000, resulting in a sale price of $642 per square foot. The property consists of 5 units, with each unit being sold for $360,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,800,000
• Address: 133-139 Broadway, Somerville, MA
• Market: Somerville, MA
• Square Footage: 2,803
• Asking Price: $2,250,000
• Price per Square Foot: $642
• Units: 5
• Price per Unit: $360,000

John Bulman from Brad Hutchinson Real Estate played a crucial role as the broker in this transaction, representing both the seller, J&J Realty Trust, and the buyer, 133-139 Broadway LLC. Their expertise and negotiations helped facilitate the successful sale of this retail property.