MBTS 13 Elm St, LLC Acquires Retail Property In Rowley, MA For $3.57M

The retail property located at 300 Newburyport Tpke in Rowley, MA was recently sold. The transaction took place on 05/12/2021 and involved the sale of the property to MBTS 13 Elm St, LLC. The seller of the property was 48 Pond Street, LLC. The deal was facilitated by Nicholas Zolotas, Paul Herrick, & Rich Vincent of Herrick Lutts Realty Partners. The property spans an area of 9,999 square feet and was sold for a total price of $3,575,000, resulting in a price per square foot of $358.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,575,000
• Date: 05/12/2021
• Address: 300 Newburyport Tpke, Rowley, MA
• Buyer: MBTS 13 Elm St, LLC
• Seller: 48 Pond Street, LLC
• Brokers: Nicholas Zolotas, Paul Herrick, & Rich Vincent - Herrick Lutts Realty Partners
• Square Footage: 9,999
• Price per Square Foot: $358

Nicholas Zolotas, Paul Herrick, and Rich Vincent, representing Herrick Lutts Realty Partners, played key roles in facilitating the sale of the retail property located at 300 Newburyport Tpke in Rowley, MA. Their expertise and efforts allowed for a successful transaction between the seller, 48 Pond Street, LLC, and the buyer, MBTS 13 Elm St, LLC. The deal was finalized on 05/12/2021 with a sale price of $3,575,000 and a total area of 9,999 square feet.