Signature Holdings LLC Acquires Retail Building At 17 Mountain Street East For $2.47M
17 Mountain Street East
$2,470,000
$205/SF
Building Size
12,000 SF
Asset Type
Retail
Closing
Jun 27, 2025
AI
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
Worcester Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.42%
Cash-on-Cash
-1.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93