facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Retail

/

Sale

/

17 Mountain Street East

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

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

James Glickman

NAI Global

Broker

$51.4M

vol

9 deals

Broker
NAI Global
NAI GlobalBrokerage

Worcester 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

6.42%

Cash-on-Cash

-1.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93