News

Carriage Depot, plaza in Amherst, sold for $1.385 million

Thursday, April 17, 2014

AMHERST – Carriage Depot, a shopping center on Route 101A in Amherst, has been sold for $1.385 million.

The half-dozen tenants, including A&E Coffee and State Farm insurance, will remain, but the four-building complex will be refurbished and renamed, to MC Square.

According to the Hillsborough County Registry of Deeds, the sale price was $1.385 million.

It was purchased by Kakele LLC, an Amherst-based real estate firm.

“This area has so many more big-box retailers than it did 20 years ago. I am enjoying that we can breathe new life into one of the few small-box shopping centers left on Amherst Street,” Karen Goddard, of Kakele, said in a press release.

The plaza, which includes two stand-alone houses and two buildings adjoined at the corner, dates back to 1984. It is only about three acres and has about 20,000 square feet of retail space,

– CABINET STAFF

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