Friday, August 10, 2012

South Main property changes hands

Posted By on Fri, Aug 10, 2012 at 11:30 AM

SOLD: Main Street buildings have new owner.

More real estate news from SOMA, the South Main District that's been a real bright spot on the local development scene.

Cassie Toro, who's done a recent renovation of a Quapaw Quarter home, has purchased two buildings at 1318 and 1324 South Main through her Soma Properties LLC. I have a call into her about future plans.

The building at 1318, and adjacent parking lot at the corner, once was occupied by Lendermon Paint. It's vacant currently. Next door is a two-story building that has Pleazures Martini Lounge on the ground floor and five apartments upstairs. Tony Curtis Real Estate handled the transaction. The property was owned by L.D. and Fred Lendermon of Beebe, according to county records, and sold for $375,000.

UPDATE: Toro said she had several ideas about use of the property, but they were too vague to discuss currently. "I hope to do something that will improve South Main and downtown in general," she said.

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