News: Front Section
Posted: December 9, 2010
Katz of Worcester Commercial Properties brokers $1.57 million sale of Ragsdale Kia
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 was the seller. The property sold for $1.57 million. Sheldon Katz, principal of Worcester Commercial Properties represented the seller and the buyer.
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