Transactions

193 Jefferson Avenue Salem, Ma Sold this multi tenant office building with 2,248 s.f. of finished building area for $675,000 to a construction company for their offices. The site contained about 30,000 s.f. of land.
20 School Street Lynn, Ma Sold this one story adult day care and medical building to a non-profit housing developer for $1,725,000. Buyer plans to build around 70 apartments on the site. The building is 8,000 s.f. and the site abuts a municipal parking lot and the MBTA commuter rail stop.
63 1/2 Jefferson Avenue Salem, Ma 01970 Drumlin Group sold this industrial and office complex to a local investment company for $2,750,000. Property was 95% occupied at the time of sale. Tenants included a medical office, software engineer, insurance agency, fitness center, roofing company and a landscape company. The site has ample parking. Drumlin Group was the sole broker for this transaction.
190 Lewis Street Lynn, Ma Drumlin Group was the sole broker for the sale of this laundromat to an investor who plans to repurpose the building into another retail use. The corner lot location has ample on-site parking and is located in East Lynn.
158 Lewis Street Lynn, Ma Drumlin Group represented the buyer of this former Walgreens Drug store. The sale occurred in October of 2024 at a price of $2,025,000. The buyer is moving an existing laundromat to this location after rebuilding the building to accommodate a new modernized facility. The lot has ample parking off street.
35 Tioga Way Marblehead, Ma 01945 Represented the Seller of this industrial and office building which sold in November of 2023 for $925,000. The buyer will use the building for boat and automotive repairs.
414 Broadway Lynn, Ma Long time bank building sold to local investor for redevelopment. This is a 2,645 s.f. drive through bank branch with full basement. Parking for 25 cars. Drumlin Group was sole broker for this $1,275,000 transaction.
266-286 Canal Street Salem, Ma Sold several adjacent properties to a developer which will build 250 apartment units. Formerly a restaurant, boat yard and multi-tenant retail and industrial building on over ten acres of land. $5.7 million acquisition price with considerable demolition of existing buildings. Located opposite Salem State University at the rail trail.
3 Central Street Peabody, Ma Sole broker for the sale of this long standing Dunkin Donuts property. The purchaser was an investor group. The sales price was $1,250,000. The property is a prominent corner lot location in Peabody Square.
990 Paradise Road Swampscott, Ma Drumlin Group represented the Seller in the sale of this modern medical and professional office building located in the Vinnin Square area of Swampscott. The building was fully leased at the time of sale. The Seller remained as a tenant in the building. The purchase price was $3,829,457.
103 Foster Street Peabody, Ma 01960 Sole broker for this $1,375,000 sale of this industrial complex in downtown Peabody. There are about 35,000 s.f. of floor area in the three buildings on a site having 1.84 acres of land. The complex is under lease to one tenant and the buyer is an investor/developer.
144 Canal Street Salem, Ma 01970 Represented the Landlord in this lease to Starbucks. This is a prominent corner lot location near Salem State University and part of the University Square development. The store has a drive through window.
207 Highland Avenue Salem, Ma Drumlin Group was the sole broker for this sale of a multi tenant commercial building on a 3+ acre lot. There were two vacant spaces at the time of sale and Davita Dialysis occupied about one third of the building. The sales price was $4,365,000.
112 Market Street Lynn, Ma Drumlin Group sold this bank anchored office building for $3,450,000 to a local investor. The three story building was fully leased and provided a drive through window for the bank. The building is well located on the corner of two busy streets in the Lynn Central Business District. Drumlin Group previously sold the property to the Seller.
125 Washington Street Salem, Ma Sold this fully leased mixed use building to an investor group. Drumlin Group originally sold the building to the Seller and Seller completely renovated the building. Drumlin Group assisted with the leasing of the building to the current restaurant and office tenants. The sales price was $3,360,000 and Drumlin Group was the sole broker involved in the transaction.