Southie Development News: Bell’s Market Building Sells for $7M
Wowza!
The 10,650 square-foot lot that once housed the legendary Bell’s Market on Dorchester Street just sold for $7 million. This was an off-market deal.
Neil Denenberg of Denenberg Realty Advisors represented both the buyer, Boston Condos, LLC, and the seller Rashide, LLC. The site will contain 32 residences, plus Bell’s Market will be constructed in the retail space.
Initially, the owner of Bell’s Market, George Khoury, filed plans with the BPDA to demolish the existing single-story structure occupying the site and construct a 5-story mixed-use building with approx. 7835 square feet of ground floor retail space, 32 residential units, and 23 off-street parking spaces.
Currently, the building has been demolished, and it looks like the new owner will continue on with the development of the site.
Bell’s Market has been a family-owned business in South Boston since the early 1900’s when it was opened by the original owner, Sam Bell. The market sold groceries, beer, and wine and is known for its butcher counter.
Bell’s Market – circa 1939
You can read more about this project here.
Maureen Dahill is the founder of Caught in Media. Once a longtime wardrobe and prop stylist for brands such as Rue La La, TJ Max & Hasbro, she is a devoted lover of vintage clothing, Martini Mondays, Castle Island, AND a 4th generation South Boston native.
The ‘building’ did not sell for 7 million. The land and the approved plans sold for 7 million. And hundreds of residents who supported George were duped into believing he was coming back.
yes we were initially told Bell’s would be back. Not really clear from this article if Bell’s or a similar market will be on the street level.
“The site will contain 32 residences, plus Bell’s Market will be constructed in the retail space.” As of now, it sounds like Bell’s will be back.