For $995,000, you can own the former Marina Market building on the South Shore Road.
American Paradise Realty is advertising the property and its adjacent parking lot saying, "Price just slashed." There was a contract on the property last October, when the original asking price was $1.395 million. It fell through.
I’ve always thought it would be a great spot for a gourmet deli and liquor store, but I heard the place is also a lot more than a handyman’s special; that it would require a much fix-up work to meet building codes. But maybe a 40% drop in price gives a potential owner the necessary breathing room to make a deal work.
A new offering price of $837,000 would represent a 40% drop from the original price – but I suspect it might not sell even then.