Gardner, MA: January 23, 2023: Summit Realty Partners, Inc. is pleased to announce its involvement in the sale of a 413 +/- seat, full-service restaurant building in Gardner, MA.
242 West Broadway (State Route 2A) in Gardner, MA sold for $970,000 on January 4, 2023. This 0.98 +/- acre property is improved with an 8,346 +/- square foot full-service restaurant building. Summit Realty Partners was approached by the property and restaurant business owner in August 2022 with a requirement to sell the property. Summit then implemented a full-scale marketing campaign to widely market the property and ended up receiving multiple offers. The property was purchase by a JEBH, LLC which is affiliated with an existing restaurant operator in Gardner. The new owner plans to continue to use the property as a restaurant.
Chris McMahon and Travis Ginsberg of Summit Realty Partners Inc. represented the seller in this transaction and Kelly Yakuben of Liberty Real Estate represented the buyer. According to Chris McMahon, Director of Brokerage, “Travis Ginsberg did an excellent job running point on this listing and utilizing his 15+ years of restaurant & hospitality experience to relate to prospective buyers and Kelly Yakuben was a pleasure to co-broke with. We thank Kelly for her persistence in getting the parties to the closing table”.
With over 25 years of experience, Summit Realty Partners Inc. is a full service commercial real estate firm headquartered in Lexington, Massachusetts. For more information, please visit www.summitrealtypartners.com or contact 781.862.9700 /go@sumrp.com. We look forward to hearing from you.