SOLD
JLCD Development LLC Acquires Mixed-Use Property In Dorchester For $4.8M
554-562 Columbia Road
Mixed-use
225,260 SF
225,260 SF
Sold 1 year ago
Summary
Sale
MASSACHUSETTS
Mixed-use
225,260 sqft
A mixed-use property located at 554-562 Columbia Road in Dorchester has recently been sold. The property, spanning 22,526 square feet, was sold for a total price of $4,800,000. This translates to a price per square foot of $213. The transaction involved the sale of 21 units, resulting in a price per unit of $228,571. The seller of the property was Nicholas Verenis.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $4,800,000
- Square Footage: 22,526
- Price per Square Foot: $213
- Number of Units: 21
- Price per Unit: $228,571
The buyer of the property was JLCD Development LLC, represented by Mike Rooney. The transaction was facilitated by Drew Kirkland and Tim McGeary from NortheastPCG.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Drew Kirkland & Tim McGeary
DATE: 04/03/2020
ADDRESS: 554-562 Columbia Road
MARKET: Dorchester
ASSET TYPE: MixedUse
SALE PRICE: $4,800,000
SF: 22,526
PPSF: $213
UNITS: 21
PPU: $228,571
SELLER: Nicholas Verenis
BUYER: JLCD Development LLC – Mike Rooney
BROKERS: Drew Kirkland & Tim McGeary @NortheastPCGView on map
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Address554-562 Columbia Road
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