Duxbury, MA – ***SOLD*** Adam Bauer Principal of TBX exclusively arranges sale of 459 Washington St, Duxbury, MA the “Sweetser’s Property” for $2.75 MM. The 19,000 SF multi-tenant investment property was conveyed as a stabilized asset at 100% occupancy to the new owners Sweetser’s LLC on February 12th, 2016. Bauer represented the sellers J&M Sweetser’s Trust whom had owned the property since 1992. The iconic property is located in the Old Shipbuilders Historic District on Snug Harbor and is considered a local institution by Duxbury residents. The site was originally the home for Sweetser’s General Store “English & West India Goods” which operated at the location in the early 1800’s! Financing for the sale was arranged by Jack Shea and Martie Dwyer of Randolph Savings Bank.
The iconic multi-tenanted investment property on Snug harbor hosts a blend of professional office and retail tenants.
Boasting 19,000 SF +/- of space the offering includes the sale of the adjacent parcel (0 Mattakeeset CT) which is utilized primarily for tenant parking.
Located in the highly desirable south shore town of Duxbury. Situated on Snug Harbor this area is one of the only commercially zoned areas in town. Duxbury is easily accessible off MA Route 3 by exits 10 or 11.
