The Mathews Building, a two-story commercial building at 280-282 Delaware Avenue traded hands Friday for $539,000. Frank Mathews sold the building along with a rear parking lot to ‘282 Delaware LLC.’ Details on the buyers or their intentions are unknown. The 27,900 sq.ft. building was constructed in 1917.
The property is located along a hot stretch of Delaware Avenue. It is located one block north of Chippewa Street where Uniland Development Co. is planning a large mixed-use complex. The property is also across from the Hotel Graystone that is being renovated for residential uses by Ellicott Development and faces Uniland’s 285 Delaware Avenue office building that was completed in 2007.