WORCESTER – A Park Avenue property in Worcester that includes New England Roast Beef and Toomey’s Rent-All Center has been sold for $1.58 million.
The property at 31-35 Park Ave. was sold to 35 Park Avenue, LLC whose principal place of business is 19 Glennie St. in Worcester, the current location of Percy’s TV & Appliance.
NAI Glickman Kovago & Jacobs’ Principal, Michael C. Jacobs, facilitated the sale. representing the seller, T.B.R, Inc. (formerly Toomey Rents/Sells, Inc.).
The property, which includes a 16,442 sf building on 0.86 acre of land, will be redeveloped into a new retail strip with expanded parking.
New England Roast Beef, will stay in place long term within the new development.
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Freiber Betancourth, a 30-year-old Worcester man, was sentenced in federal court today to 12 months and one day in prison today for drug trafficking charges.