Douglas Jemal continues to scoop up downtown properties. Today he closed on side-by-side buildings at 515 and 521 Main Street. They are located across from the Hyatt hotel which Jemal purchased last year and has been renovating.
Jemal paid $1.125 million for the properties that had been owned by J. Roger Trettel. 515 Main includes 12,720 sq.ft. on three floors anchored by Noble Root Wine & Spirits. Misuta Chow’s anchors the four-story, 8,880 sq.ft. building at 521 Main. Jemal told Business First he plans to retain the commercial tenants and convert underused upper floors into residences. Jemal also has a deal in place to buy 529 Main Street from James Sandoro.
Trettal sold adjoining buildings at 523 Main Street and 500 Washington Street to Buffalove Development in September.