Transactions

11 Vinnin Street Salem, Ma Drumlin Group represented the Seller of this free standing office building in Vinnin Square area of Salem. Last used for a therapy office, the buyers were investors. The building was in good condition and had a large number of parking spaces.
38 Commercial Street Lynn, Ma Drumlin Group represented the Seller of this 6,000 s.f. child care facility in the sale to another child care operator. The property sold for $1,050,000 and was in good condition at the time of sale. There was limited on-site parking and the site abuts a Lynn playground which is used by the facility.
72 Loring Avenue Salem, Ma Leased this former bank branch to a dental practice. Tenant and Landlord did extensive reconstruction of the 3,700 s.f. space to convert it from retail and office to a dental office. The site is located at the intersection of two major Salem commercial roadways and has great visibility. Ample parking for patients and employees on site.
15 Johnson Street Lynn, Ma Represented the Seller in the sale of this multi-tenant office building to a non-profit owner that plans to redevelop the property. The sale price was $900,000. The property is located opposite Lynn City Hall and has two building sections and a parking lot.
78 Margin Street Salem, Ma Drumlin Group was sold broker for this sale of NAPA Auto Parts property to an investor group. NAPA has a long term lease for the property which has 9,671 s.f. of building area. The site has an ample parking lot and is located at the edge of the Salem central business district. The sale price was $1,200,000.
307 Highland Avenue Salem Drumlin Group was the sole broker for this transaction which involved the sale of a free standing automotive building on a large lot of land. The property is leased to Portland Glass and the investor buyer paid $1,075,000. The tenant is under a long term lease for the property.
57 Loring Avenue Salem, Ma 01970 Drumlin Group represented both parties to this transaction which involved the sale of a strip mall with two tenants for $1,450,000. The 7,000 s.f. building has a full basement which is used for storage. There is ample parking on site. The property is located near Salem State University.
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.