Location of original Paper Store sold to Northampton furniture firm for $1.4M
Image | Courtesy of Google Maps
The original home of the first Paper Store location will soon be home to the second location of a small Northampton-based furniture maker and retailer, following a $1.4-million sale.
Fly By Night Furniture, a Northampton-based furniture manufacturer and retailer, is expanding to Maynard after purchasing the location of the first-ever Paper Store location for $1.4 million.
The two-story, 11,604-square-foot building located at 36 Nason St. in Maynard was sold in a deal finalized on Dec. 3, according to Middlesex South Registry of Deeds records, with the property sold by the New Nason Street Realty Trust of Acton.
The historic building, dating back to 1920, was the original site of the first location for the Paper Store, the gift and stationery store which has since expanded to more than 100 locations in the country. The Paper Store’s Maynard location has since moved to the Maynard Crossing plaza.
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After a 2020 bankruptcy, The Paper Store brand was acquired by Acton-based TPS Group Holdings, an entity led by Tom Anderson, son of Paper Store founder Bob Anderson, according to the brand’s website and Massachusetts Secretary of the Commonwealth records.
Founded in 1988, Fly By Night began as a small business selling homemade futons on the sidewalk of downtown Northampton. The business eventually grew into operating from a 24,000-square-foot showroom, building and selling a wider variety of furniture, according to the company’s website.
Fly by Night’s new Maynard store will be the company’s second retail location. It also operates a warehouse in Easthampton.
The property was given a tax assessment value of $686,800 for 2024, according to Town of Maynard property records.
Keith Gurtler of O’Brien Commercial Properties in Concord represented the seller in the transaction.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.
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