The McDonough property in Dunmore was recently sold.
The corner site at West Drinker St. and Tripp Avenue was improved with two single family homes and a four unit apartment building.
The purchasers, Quad Holdings, LLC have begun adapting the imposing 4,000 s/f three-story brick home at the corner of West Drinker and Tripp Avenue into offices for their business use.
John Cognetti, SIOR, CCIM of Hinerfeld Commercial Real Estate represented the seller, the estate of Marie McDonough, in the sale.
Cognetti said that the property attracted interested parties because of the easy access to the interstate system and its being part of the Dunmore business area. He noted that the renovated property will be an attractive gateway to the business district from the west bridging the borough residential and the commercial areas.
The sale price was $295,000.
– Courtesy of NJPA Real Estate Journal
