Michael Alves Acquires Retail Strip Center In Malden For $1.2M
Massachusetts
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Located in Malden, MA, the property at 475-481 Ferry Street is a 3,323 square-foot retail strip center that was recently sold for $1.2 million. The fully occupied center features street parking, making it a convenient spot for businesses and customers alike.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,200,000
- Address: 475-481 Ferry Street
- Market: Malden, MA
- Seller: 75-481 Ferry St LLC
- Buyer's Rep: Michael Alves - Keller Williams
- Seller's Rep: Maria Dipierro - Atlantic Realty Services
- SF: 3,323
- PPSF: $361
Michael Alves, representing Pace Energy Corp., played a crucial role in facilitating the sale of this retail property. The $1.2 million transaction involved a successful negotiation between the buyer and the seller, ensuring that both parties achieved their objectives in the deal.
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