News: Retail

Katz of Worcester Commercial Properties brokers $1.57 million sale

The former Ragsdale Kia Automobile dealership at 499 Washington St., Rte. 20 has been sold to Raps Realty LLC. Paul Raps, the buyer, owns and operates several NAPA Auto Parts stores in central Mass. and plans are to move his existing Southbridge St. store to this new location which will allow him to double the sales floor area and use the former service area as a central warehouse/distribution point for all his stores. Mark Ragsdale and George Ragsdale of Tombstone Realty LLC were the sellers. The property sold for $1.57 million. Sheldon Katz, principal of Worcester Commercial Properties represented the seller and the buyer.
Tags: Retail
MORE FROM Retail
Retail

McEvoy of Conrad Group facilitates $9.5m sale of Sterling Plaza

Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.

READ ON THE GO
DIGITAL EDITIONS
Subscribe