News: Northern New England

Shea Commercial Properties completes two sales totaling $2.81 million

129 Rockingham Road - Derry, NH

Derry, NH Seacoast Holdings, LLC ISAOA/ATMA has purchased 129 Rockingham Rd., Rte. 28.  Seacoast Sport Cycles, owned and operated by Charles Sandoz and Jim Smith will relocate their Motorsports business to the site.

Seacoast Sport Cycles is the leading dealer in the area of upscale motorcycles featuring Ducati, Moto Guzzi, Vespa, and Aprilla cycles.  Also the company offers service, parts, accessories and apparel. 

The 10,000 s/f building with 3.2 acres sold for $810,000 according to the Registry of Deeds.

The seller was represented by Scott Reiff, Berkshire Hathaway Realty Services, and the buyers represented by Harry R. Shea Commercial Properties, Inc.  Shea Commercial Properties, Inc. is a full-service commercial real estate company serving Northern Mass. and Southern New Hampshire.

In another transaction, Bridle Path Realty has purchased Salem Broadway Plaza located at 341 South Broadway, Rte. 28, Salem, N.H.  The 29,790 s/f multi-use building has both retail and office tenants and is located in the business district.  The sale price according to the Registry of Deeds was $2 million.

The sale was handled for Salem Investment Associates, LLC (seller) and Bridle Path Realty (buyer) by Harry Shea.

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