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Signature Holdings LLC Acquires Retail Building At 17 Mountain Street East For $2.47M

Property Image
SOLD
$2,470,000

Massachusetts

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Retail12,000 SF
Sold 06/27/2025
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Property Image
SOLD

Signature Holdings LLC Acquires Retail Building At 17 Mountain Street East For $2.47M

17 Mountain Street East

See Similar Deals
Retail12,000 SF
Sold 06/27/2025
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$205
Total Square Footage:12,000 SF
Transaction Type:Sale

A retail asset located at 17 Mountain Street East in Worcester, MA has been sold for $2,470,000. The property encompasses a total area of 12,000 square feet, translating to a price per square foot of $206.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,470,000
  • Buyer: Signature Holdings LLC
  • Seller: Proko Realty Inc
  • Broker: Jonah Glickman & James Glickman - NAI Global
  • Square Footage: 12,000
  • Price Per Square Foot: $206
  • Market: Worcester, MA

The transaction was facilitated by Jonah Glickman and James Glickman from NAI Global, who played a vital role in connecting the buyer and seller throughout the deal process. The property sold is a three-unit retail building, which adds a layer of potential for its new ownership.

Players

James Glickman
NAI Global
James Glickman
9 deals$51.4M volume
BROKER
NAI Global
NAI Global
BROKERAGE

Details

SOLD
IMAGE: Jonah Glickman & James Glickman DATE: 06/27/2025 ADDRESS: 17 Mountain Street East MARKET: Worcester, MA ASSET TYPE: Retail BUYER: Signature Holdings LLC SELLER: Proko Realty Inc BROKER: Jonah Glickman & James Glickman - NAI Global (@NAI.Global) SALE PRICE: $2,470,000 SF: 12,000 ~ PPSF: $206 NOTE: NAI Glickman Kovago & Jacobs sold a 12,000 sq. ft. three-unit retail building at 17 East Mountain St. in Worcester for $2.47M to Signature Holdings LLC.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$131,733.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,775.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,709.06
Annual Debt Service$140,508.72