If you wander into White Oaks Hardware, you may want to think twice before asking store owner Rich Weber about the For Sale sign on the building.
“I don’t want to talk about it,” he said over the weekend when the Laurel Street Spy stopped by to ask what was going on.
“Ask Michelle,” he said.
So I did.
Michelle, as in listing broker Michelle Margiotta Fraedrich of Cornish & Carey Commercial, tasked with selling the building and the empty lot next door.
Even though the south end of Laurel isn’t as popular as the north side, there’s been a lot of interest in the property.
“It’s had multiple offers,” said Fraedrich on Tuesday, May 31st, although it’s not in contract. Yet.
Would-be buyers include, “Owner/users who’d use the property for their own business, developers and investors,” Fraedrich explained.
Its 7,500 square foot lot size and corner location at St. Francis are driving interest.
The Cornish & Carey listing includes the following description: “The 5,000 square foot parcel on the north side of this property would allow for expansion of the current building, or perhaps a parking lot for a restaurant or medical use.”
Broker Michelle Fraedrich says the current owners of 1696 Laurel Street live out-of-state and inherited the property.
Rich Weber says he’s owned and managed the store since 1987.
Some residents assumed he owned the building, too, leading to some confusion. “So many people have come in asking questions, I’ve just quit trying to explain,” he said Tuesday.
The interest isn’t surprising. “White Oaks Hardware has been an anchor store on the south end of Laurel Street since the 1940’s,” according to the book, “Images of America: San Carlos,” by Nicholas and Betty Veronico.
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