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133-139 Broadway Retail Property In Somerville, MA Sold For $1.8M To 133-139 Broadway LLC

133-139 Broadway
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This Retail property located in MA was sold for $1,800,000 about 3 years ago. The broker of the deal was John Bulman

A retail property located at 133-139 Broadway in Somerville, MA has been sold. The property, measuring 2,803 square feet, was sold for a price of $1,800,000. The seller, J&J Realty Trust, entered into an agreement with the buyer, 133-139 Broadway LLC. The transaction was facilitated by broker John Bulman from Brad Hutchinson Real Estate. The property was initially listed for $2,250,000, resulting in a sale price of $642 per square foot. The property consists of 5 units, with each unit being sold for $360,000.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,800,000
  • Address: 133-139 Broadway, Somerville, MA
  • Market: Somerville, MA
  • Square Footage: 2,803
  • Asking Price: $2,250,000
  • Price per Square Foot: $642
  • Units: 5
  • Price per Unit: $360,000

John Bulman from Brad Hutchinson Real Estate played a crucial role as the broker in this transaction, representing both the seller, J&J Realty Trust, and the buyer, 133-139 Broadway LLC. Their expertise and negotiations helped facilitate the successful sale of this retail property.

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Deals
  • Location
    133-139 Broadway, Somerville, Massachusetts, USA133-139 Broadway, Somerville, Massachusetts, USA
  • Sale Price
    $1,800,000$1,800,000
    $642 PPSF$642 PPSF
  • Area
    2,803 SF2,803 SF
  • Asset Type
    RetailRetail
  • Parties
    1 Broker1 Broker

Agent

John Bulman

John Bulman

Deals2
Sold$4.7M

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Deal Summary

SALE IMAGE: John Bulman DATE: 02/23/2021 ADDRESS: 133-139 Broadway MARKET: Somerville, MA ASSET TYPE: Retail SELLER: J&J Realty Trust BUYER: 133-139 Broadway LLC BROKER John Bulman (@jlb978) – Brad Hutchinson Real Estate (@bradhutchinsonre) ASKING PRICE: $2,250,000 SALE PRICE: $1,800,000 SF: 2,803 ~ PPSF: $642 UNITS: 5 ~ PPU: $360,000

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133-139 Broadway

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