Historic Garbose Building in Gardner MA Has New Owner with Big Plans
We spoke with Jonathan Bombaci about this project and about his other transformative work in Downtown Gardner. Listen on any device. CLICK PLAY.
According to a Press Release, Candor Realty, led by Jonathan Bombaci has purchased the Garbose Building located at 2-10 Parker Street in Gardner. Bombaci stated, “We’re excited to double down on our investment in Downtown Gardner and are looking forward to turning this building into something useful again.” Plans include: “18 market rate residential one-bedroom and studio efficiency units catering to residents looking for condo quality accommodations at an affordable price on the upper floors of the building, as well as retaining all retail space on the buildings’ ground level.” Funding is being provided by GFA Federal Credit Union. Positive comments about the transaction by local Government and Business leaders can be found in the Press Release, CLICK HERE.
History of the Garbose Building
Built in 1883, the Garbose Building stands prominently in West Gardner Square at the Corner of Pleasant and Parker Streets, (2-10 Parker Street). 100 years after its construction, the building was listed on the National Register of Historic Places on April 12, 1983 after having been nominated in February of that year. Address listed in the historic register is 3 Pleasant Street, Gardner MA. The property closing actually occurred on March 20, 2023 with the recording of the deed being held up by the historic registration of the property. In 2015, the building was closed for a week beginning March 15, 2015 while then owner Dean Marcus addressed building code violations discovered during an inspection following a complaint. Therefore the new owners are welcome as their press release is entitled, “Historic Downtown Getting a New Lease on Life”
Plans for the Buildings
During our interview, Bombaci, spoke of great finishes like granite countertops, nice modern designs, “it will be a Grade A asset by the time we’re done with it.” And about 25 Main Street he stated, “We hope to attract some sort of food, coffee shop, bakery, something like that.” And regarding his other purchase on Main Street he stated it is one hundred percent occupied which “proves that there is a demand for these types of spaces in the Downtown.” Candor Realty has a storefront at 88 Main Street where it runs its Downtown operations.