News: Retail
Posted: November 22, 2019
Lyman Real Estate brokers two sales totaling $1.25 million
Bloomfield, CT The building originally built for Party City at 854 West Main St., Rte. 1, Branford, has been sold, according to Ron Lyman, CCIM, CEO of Lyman Real Estate. Lyman was the agent for the buyer, Nikita Wang of LA-IN-USA, LLC, of Guilford. The seller, Sangita Gopani of Branford Realty Trust, LLC, was represented by Jeffrey Kravet of Kravet Realty. The sale price for the 9,331 s/f building on 1.29 acres was $1.16 million.
The Rte. 1 location is off I-95 at Exit 53. The buyer will use 3,000 s/f on the first floor, a retail space, to expand her Villa Nail Spa business.
In another transaction, Bloomfield’s popular Village Pizza has purchased an adjacent property to expand parking at their 34 Tunxis Ave. location. Geri Jacobson of Lyman Real Estate brokered both sides of the deal. The sellers were Terry Michalman and Karen McMillan of the Nicholas B. Caruso Trust.
Stratos Livanos and Maria Rosu of Bloomfield Village Pizza, LLC, bought the property to provide the additional parking needed after they built out space for a sports bar at their restaurant. The $90,000 transaction includes an 1,820 s/f building on a quarter acre parcel which abuts Village Pizza’s existing location.
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