The lone condo left in the 849 Penniman Ave. development in downtown Plymouth is one too many, so the developer is cutting the price by $10,000 in order to close out and move onto his next project.
The 849 Penniman project has enjoyed more than its fair share of success this year despite a glutted real-estate market and troubled economy. The first two floors of the three-story building have been leased, to a wine bar and text-massage company, leaving only one of the third floor condos unsold.
The price of the last condo has been lowered to $169,000. The 900-square-foot home has one bedroom, 1.5 bathrooms, a terrace balcony, hardwood floors, granite countertops and stainless-steel appliances. Parking for it is available through a city parking deck behind the building.
Buon Vino Winery will open in the ground floor early next year. The mini-custom winery will allow its customers to make their own wine and enjoy it at the wine bar, a concept that is quite popular in California and Texas. It joins Crucial Contact, a text-messaging company, which is leasing the second floor. The company translates text messages sent into TV shows, such as voting for American Idol.
The new building replaces an older wooden building that once housed Plymouth Office Supply. The project was headed up by Roseville-base Ferlito Construction.
For information, call Coldwell Banker Schweitzer real estate agent Mike Galliers at (734) 453-6800.
Source: Mike Galliers, real-estate agent in charge of 849 Penniman Ave.
Writer: Jon Zemke
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