A pair of adjacent properties on Main Street in Ashburnham, Massachusetts, have been sold in a significant transaction totaling $1.9 million. The sale, recorded on December 21, involved two limited liability companies, signaling potential commercial or investment activity in the town's central business district.
The properties, located at 33 Main Street and 33-R Main Street, were sold by Hdld LLC to a buyer identified as 4h Daughters LLC. Each property fetched a price of $950,000. This multi-million dollar deal was the largest among several real estate transfers that closed in the area over the weekend, highlighting a dynamic local property market.
Key Takeaways
- Two properties at 33 and 33-R Main Street in Ashburnham sold for a combined $1.9 million.
- The buyer was 4h Daughters LLC and the seller was Hdld LLC, indicating a corporate transaction.
- A high-value residential property on Winding Cove Road also sold for $750,000.
- Recent sales in the town ranged from $279,000 to nearly one million dollars per parcel, showing diverse market activity.
Details of the Main Street Transaction
The sale of the Main Street properties stands out due to its scale and the nature of the entities involved. Public records confirm that Hdld LLC transferred ownership of both 33 Main Street and the adjacent parcel, 33-R Main Street, to 4h Daughters LLC. Each transaction was valued at $950,000, bringing the total investment to $1.9 million.
Transactions between LLCs often suggest a strategic business or investment purpose, which could range from commercial redevelopment to long-term portfolio acquisition. The location on Main Street places these properties in a key commercial corridor for Ashburnham, a town in Worcester County.
The Role of LLCs in Real Estate
Limited Liability Companies (LLCs) are frequently used in real estate transactions to provide liability protection for the owners. This legal structure separates personal assets from business debts and lawsuits. Using an LLC can also offer privacy and potential tax advantages, making it a common vehicle for both individual investors and larger development firms.
While the specific plans for the properties by 4h Daughters LLC have not been publicly disclosed, such a substantial investment typically precedes development or a change in use for the site. The future of these parcels will be closely watched by local residents and business owners.
High-Value Residential Sales Indicate Strong Market
Beyond the major commercial deal, Ashburnham's residential market also showed considerable strength. A home at 6 Winding Cove Road was sold for $750,000. The property was transferred from Nancy J. Riley to new owners Thuan H. Nguyen and Anh V. Dinh.
This sale represents the upper end of the residential market in the area and indicates strong buyer demand for premium properties. Winding Cove Road is located in a desirable residential area, and a sale at this price point helps establish a benchmark for property values in the neighborhood.
Ashburnham Property Sales Snapshot
- Highest Value (Commercial): $1.9 million (33 & 33-R Main St)
- Highest Value (Residential): $750,000 (6 Winding Cove Rd)
- Mid-Range Sale: $450,000 (173 Winchendon Rd)
- Entry-Level Sale: $279,000 (59 Lakeshore Dr)
The healthy activity in the residential sector complements the significant commercial investment, painting a picture of a robust and multifaceted local real estate environment.
A Diverse Range of Property Transfers
The recent property records reveal a market with activity across various price points, catering to different types of buyers. This diversity is essential for a stable and healthy real estate ecosystem.
Other Notable Sales in Ashburnham
In addition to the top-tier sales, several other transactions were recorded, reflecting the broader market dynamics:
- 173 Winchendon Road: This property was sold by Timothy J. Sparks to Erik Bennett for $450,000. This price is more typical for single-family homes in the Central Massachusetts region and represents a significant portion of market activity.
- 65 Platts Road: Arlene Tessier sold this property to Faustina Welch for $310,000. Sales in this range are crucial for first-time homebuyers and those looking for more affordable housing options.
- 59 Lakeshore Drive: A property held by the Keith & Chris Paquet Family Trust was sold to Richard D. Slack for $279,000. This transaction, involving a family trust, highlights another common method for holding and transferring real estate assets.
These sales demonstrate that the Ashburnham market is not solely driven by large investors. There is also consistent movement in the mid-range and more affordable segments, ensuring opportunities for a wide spectrum of buyers and sellers.
What These Sales Mean for Central Massachusetts
The recent real estate transfers in Ashburnham provide a valuable snapshot of the broader market trends in Central Massachusetts. The $1.9 million commercial deal suggests that investors see potential and value in the region's town centers. Such investments can often be a precursor to economic development, bringing new businesses or improved services to a community.
Simultaneously, the strong residential sales, including the $750,000 transfer on Winding Cove Road, show that the area remains an attractive place for homebuyers. The presence of transactions across all price levels—from under $300,000 to nearly $1 million—indicates market liquidity and accessibility for different financial situations.
As 2025 comes to a close, this activity suggests a foundation of stability and potential for growth in the regional real estate market heading into the new year. Both commercial investors and residential buyers appear active and confident in the value of property in towns like Ashburnham.
