John Kinnane of the Kinnane Group brokered the sale of a 1 acre commercial parcel of land at Bliss Four Corners in Tiverton Rhode Island. Bliss Four corners is an underserved area of the town of Tiverton where Routes 177 and 81 intersect. The site itself provides high visibility along Route 81 (Crandall Rd) just south of the intersection of Rte 177 (Bulgarmarsh Rd) between "Wally's Tap House" restaurant / tavern and the Tiverton Fire Station, near the brand new Bay Coast Bank branch, abutting the soon to be built 30,000 sf Tiverton Public Library and the Arts and Agricultural Community of Sandywoods Farm.
This parcel represents the last remaining peice of what was, for decades, the Guimond Farm property run by Gilbert and Jeannette Guimond and their family. The Kinnane Group brokered the former property when the Guimonds decided to retire. Citizens-Union Savings Bank, (now Bay Coast Bank), purchased the entire property and redeveloped it with a full service branch bank and insurance office. The Kinnane Group went on to broker the unused portions of the property to the Tiverton Library Foundation who are nearly set to begin the construction of a new public library, and a 2nd parcel to a Dartmouth business man who owns and operates what is now known as Wally's Tap House just south of the Bay Coast Bank branch.
Mr. Kinnane was the sole broker involved in this latest transaction. This sale represents the 5th transaction that the Kinnane Group has brokered within the immediate proximity of Bliss Four Corners that was initiated with the sale of the McGreavy property to the Deblois Company, now the home of a Hess Convenience Store and filling station at the northeast corner of the intersection. The Kinnane Group was recently hired as the exclusive real estate broker for the 22 home sites at Sandywoods Farm, immediately south of the town's Recreation Center along Rte 177.
The Kinnane Group has been in service to the southcoast region of Massachusetts and the nearby east bay area of Rhode Island since its inception in 1960. The company has a long standing reputation for providing a wide variety of personalized real estate services.
Westport Cape for Sale by The Kinnane Group
The local real estate market has remained active and prices apparently are holding relatively steady. A brief summary of sales volume as well as median and mean sale prices for each of the months of August, September and October follow:
Month/Year Units Median Sale Price Mean Sale Price
Aug. 2012 157 $196,450 $244,645
Sept. 2012 145 $189,900 $253,607
Oct. 2012 137 $199,900 $232,913
These sales statistics cover the towns of Dartmouth, Fall River, Little Compton, RI, Somerset, Swansea, Tiverton, RI, and Westport. They reveal monthly activity for residential properties that went under agreement from 08/01/2012 through to 10/31/2012 in our local market area as serviced by the H3MLS-Property Information Network.
This continues a fairly healthy volume of sales in our general market area of the southcoast region of Massacushetts and the nearby east bay area of Rhode Island, a trend that is sustaining. Although there is still room for improvement this is a continued good news for the local real estate market. Attached below is a link to a 'PDF' file that illustrates volume and price trending from January 1, 2011 through to October 31, 2012.
If you're ready to jump off the fence and into the local real estate market and take advantage of the opportunities that exist,
contact us today to determine your options as either a buyer or a seller. We're here to work through the complexities of the local real estate market, make sure you neither under sell or over pay for your property, and to help you out along the way!
We are ready to serve all of your local real estate appraisal and brokerage needs. Our coverage area includes the southcoast region of Massachusetts and the east bay region of Rhode Island. Please feel free to contact us today!
John Kinnane of the Kinnane Group brokered the sale of a 30,000 sq. ft. shopping plaza on 4 acres of land at 3057 Acushnet Avenue in New Bedford's north end. The property transaction closed on September 21, 2012 for $1,000,000.
The new owners are set to begin the transformation of the property into a professional office building and will begin to consolidate some of their leased facilities and operations into this convenient north end location at the intersection of Acushnet Avenue and Alfred M Bessette Memorial Highway.
The property owned by St Anne's Credit Union of Fall River was listed for sale by Margaret A Sweet, owner of Sweet Properties of Dartmouth, MA. The buyer, Child & Family Services Inc of New Bedford was represented by Mr Kinnane.
The Kinnane Group has been in service to the southcoast region of Massachusetts and the nearby east bay area of Rhode Island since its inception in 1960. The company has a long standing reputation for providing a wide variety of personalized real estate services