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Salisbury Business Park Fetches $600K

Aug 1, 2011 | Reprints | Unlock Link | Print

R & R Fifteen Main LLC has purchased the Coastal Business Park at 15 Main St. in Salisbury from Calico Commercial Properties Inc. for $600,000.

The business park, which sits on one acre on the New Hampshire and Massachusetts border, has 15,000 square feet of office and retail space. The buyer intends to make building and site improvements and will continue to market the space, according to a statement.

The property was last assessed for $1.5 million, according to records obtained by The Warren Group, publisher of Banker & Tradesman.

Christian Stallkamp of New Hampshire-based The Kane Co. listed the property and procured the buyer.

Commercial & Industrial