June 10, 2022 – Jason Kulik of Horvath & Tremblay has successfully completed the sale of a five (5) unit mixed-use property in Rockland, Massachusetts. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $915,000.
The property is located at 140 Union Street in Rockland, Massachusetts. Located in the heart of Downtown Rockland, the two-story building contains two (2) commercial units on the lower-level and main-level each with five individual suites, and three (3) residential units comprised of one (1), 2-Bedroom/1-Bathroom unit and two (2), 1-Bedroom/1-Bathroom units on the second-level. Constructed in 2004, the building contains 7,160 gross square feet and is situated on a 0.33-acre parcel of land with 18 off-street parking spaces. 140 Union Street is well-located 500 feet from the signalized intersection of Water Street and Union Street in the heart of Downtown Rockland. The Property is 0.25-miles from the Rockland Senior High, seconds from a Dunkin’, approximately 2-miles from the Abington Train Station (Kingston Line) and 3.9-miles from the South Weymouth Train Station (Kingston Line). The location offers convenient access to the area’s major roadways, public transportation, and numerous retail amenities. Downtown Rockland is a densely developed, mixed use neighborhood centered around Union Street. The area offers a multitude of retail and entertainment amenities for residents, in addition to several commercial and religious establishments.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.