By Gintautas Dumcius, News Editor
Aug. 12, 2010 C.F. Donovan's: Sold at auction today for $875,000 to owner of McKenna's Cafe.The site of the former C. F. Donovan’s restaurant was sold Thursday morning at a sidewalk auction to the owner of McKenna’s, the café across the street, and a local financial planner.
The winning bid for the former restaurant, which longtime owner Arthur Donovan lost to foreclosure, was $875,000. The property comes with a liquor license, a tax lien from the state Department of Revenue, $6,297 in back taxes and outstanding water bills and sewer charges totaling $2,731.
“We’re doing it for the neighborhood,” said Ken Osherow, president of At Home Real Estate Group, which is located next to McKenna’s café. Osherow, who is also planning to open an ice cream shop down the street, said the restaurant will have a “family” atmosphere...
Read the rest at the Dorchester News.
Aug. 12, 2010 C.F. Donovan's: Sold at auction today for $875,000 to owner of McKenna's Cafe.The site of the former C. F. Donovan’s restaurant was sold Thursday morning at a sidewalk auction to the owner of McKenna’s, the café across the street, and a local financial planner.
The winning bid for the former restaurant, which longtime owner Arthur Donovan lost to foreclosure, was $875,000. The property comes with a liquor license, a tax lien from the state Department of Revenue, $6,297 in back taxes and outstanding water bills and sewer charges totaling $2,731.
“We’re doing it for the neighborhood,” said Ken Osherow, president of At Home Real Estate Group, which is located next to McKenna’s café. Osherow, who is also planning to open an ice cream shop down the street, said the restaurant will have a “family” atmosphere...
Read the rest at the Dorchester News.
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