WALLINGFORD, CT — O’Reilly Auto Components purchased a century-old two-story dwelling on South Colony Street for $750,000 to construct its new retailer in Wallingford, in keeping with realtors.
It was one among a number of just lately accomplished transactions introduced this week by Michael Richetelli, President and Designated Dealer of Colonial Properties, Inc. in Orange.
Fred A. Messore, Sr. Vice President, represented the vendor, Property of Mary Furs c/o Kimberly Formica, Executrix within the sale ofin Wallingford. The greater than 1-acre property was bought by O’Reilly Auto Enterprises, LLC for $750,000.
first began in 1957 with one retailer and right now have 5,873 shops in 47 U.S. states.
“They plan to redevelop the land and open a brand new retail location within the coming 12 months,” Richetelli wrote in a information launch.
The vendor was represented by Legal professional Paul Kaplan from New Haven.
The Wallingford Planning and Zoning Feefor the brand new O’Reilly Auto Components retailer earlier this 12 months. The 7,225-square-foot retailer might be positioned subsequent to Walgreens on Route 5 in Wallingford, the File-Journal .
Messore was additionally the only dealer within the sale of 64 & 78 Pulaski Freeway in Ansonia. The greater than 27-acre lot was bought by Fortitude Capital, LLC for $1.15 million. The vendor, Peter Overchuk and Household, was represented by Legal professional’s Kevin J. Curseaden and Pleasure Topazian Moore with Curseaden & Moore, LLC. The client was represented by Legal professional Michael Hanna with Day Pitney, LLP.
Gary Bellard was the only dealer within the sale of 235 Boston Put up Street in Orange; a 1.6 +/-acre lot previously used as a trailer park was bought by Racebrook Medical Middle, LLC for $1.35 million. The client might be constructing a two-story medical workplace constructing, in keeping with the information launch.
The vendor was Larsens Touchdown, LLC.
“These gross sales display the demand for uncooked land,” Richetelli stated within the information launch. “With the shortage of stock for buildings, customers and builders are actively looking for websites to construct on.”