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The owner of Bay State Shawarma & Grill in Worcester has purchased the former Worcester Electrical Associates, Inc. building on Lamartine Street for $1.8 million, according to the Worcester South District Registry of Deeds.
The deal closed Feb. 28, about five months after the property’s last sale.
Tamam Jaber, who is registered as the owner of Bay State Shawarma on Water Street, bought the property at 39 Lamartine St. as an individual registered to his restaurant’s address. Jaber was not available for comment.
The selling entity, 39 Lamartine Street LLC, is registered to John Mahoney of Lexington. Mahoney bought the property in September for $1.2 million, marking a $600,000 profit over five months. The City of Worcester assesses the property at $426,100.
The property includes an 8,200-square-foot industrial warehouse formerly occupied by Worcester Electrical Associates, Inc., which sold the property to Mahoney in September. In the 1800s and early 1900s, it was a precinct for the Worcester Police Department.
With close proximity to the Polar Park baseball stadium, the property is located across the street from the former Wyman-Gordon plant, which is being redeveloped into residential, office, and hotel buildings by Boston-based developer Madison Properties.
Another success story due to the construction of Polar Park.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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