Malden, MA Burgess Properties, LLC has brokered the sale of 344 Eastern Ave. for $3.23 million.
The 11,760 s/f building on 0.51 acres, features a combination of showroom, office, and warehouse space. For decades it had been occupied by a tile retailer and wholesaler – previously as Smethurst Tile and most recently as Genrose Stone and Tile. The property is located on Rte. 60. The buyer, plumbing contractor, DR Howard, plans to renovate and occupy the newly acquired building.
Andrew Bemben and Eric Shabshelowitz of Cabot & Co. represented the buyer and Steve Nohrden and Charlie Jacob of Burgess Properties, LLC represented the seller.