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Seller Banks Profit in Melrose //Delight for SpringHill Suites Buyer in Devens //Wright Line Building is Right for New Owner //7-Eleven Retail in JP in 40-Year Trade //Two Years Later, Another Sale in Edgartown // Seller Banks Profit in Melrose //Delight for SpringHill Suites Buyer in Devens //Wright Line Building is Right for New Owner //7-Eleven Retail in JP in 40-Year Trade //Two Years Later, Another Sale in Edgartown // Seller Banks Profit in Melrose //Delight for SpringHill Suites Buyer in Devens //Wright Line Building is Right for New Owner //7-Eleven Retail in JP in 40-Year Trade //Two Years Later, Another Sale in Edgartown //

Malden Auto Parts Shop Sold to Rugg Co. $2.4M Deal Brokered by Burgess/Mansard

October 02, 2024
161-163 Mystic Ave, Medford MA

Medford — Charlie Jacob of Burgess Properties brokered the sale of a former retail auto parts shop at 161-163 Mystic Avenue in Medford. The building, a 5,137 SF structure on +/-0.32 acres sold for $2.4 million.

The highly visible property is directly on Mystic Avenue, with excellent access to major routes and highways. Lechmere Rug Company purchased the building and has plans to renovate and occupy the acquisition.

Jeremy Cyrier of Mansard Commercial Properties represented the seller.

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