Bellingham, Massachusetts – SVN | Parsons Commercial Group | Boston announced today the completion of the sale of 17A Rita Lane in Bellingham, Massachusetts. Marilyn Santiago, Commercial Real Estate Advisor at SVN | Parsons Commercial Group | Boston represented the Buyer, Erdmann Realty LLC.

17 Rita Lane is a 3-unit industrial condo building on a 1.55± acre lot of which Erdmann Realty LLC purchased the end unit consisting of 3,885± square feet. The unit features a 1,000± square foot office area with drop ceiling and the balance of the space used for manufacturing or machine shop and warehouse space as well as 2 dedicated loading docks. “Industrial units like these are not easy to find. The smaller the square footage the less likely they are to have its own dock, let alone a tailboard and drive-in,” commented Advisor, Marilyn Santiago.

“The building also provides a convenient location just 2.5 miles from Route 495,” added Santiago.

The new owner, Erdmann Realty LLC, purchased the property for $450,000 and has plans to make minor improvements to the property in order to accommodate their business.