In circa 2005 the executives at Plymouth County Teachers Credit Union were trolling Cranberry Highway for a location to build a state of the art bank building with drive thru service. They looked at a dozen potential sites within a few miles of their existing bank location at 2201 Cranberry Highway in West Wareham but in the end their search wrapped up directly next door at 2203 Cranberry Highway, West Wareham, MA.
My client had done the preliminary engineering and permitting for a strip plaza on the property which the credit union found attractive. The property was actually large enough to keep the existing house and add the strip plaza next to it.
The credit union did performed some due diligence and found the site would be large enough for their plans. They paid a handsome price for the property in 2005, paid cash and had very low contingencies. The site is a great site, totaling 1.07 acres with 273 feet of frontage.
If you have questions about this sale or would like to discuss your property, give me a call. 774-269-0775