HADELY, Mass. (WWLP) – The Seven Sisters Market / Bistro along Russell Street in Hadley was a failed business venture, and closed in the Spring of 2014.
The Seven Sisters Market / Bistro property in Hadley was sold Wednesday. Once the bidding started, it only took a few minutes to have a buyer. Dozens of people came to the live auction but there were only 6 verified bidders on the Market / Bistro and the colonial home on the property. To be a verified bidder you had to bring in a check for $100,000.
The two buildings sold for $900,000 subject to a first time mortgage of nearly $450,000 and more than $22,000 in unpaid taxes.
It’s not clear what the new buyer plans to do with the property but local restaurant owner Andy Yee told 22News he hopes it stays as a restaurant.
“It was built as a restaurant in the beginning. I think it should continue to be a restaurant endeavor. It’s definitely viable. You look at traffic counts here on the street. It’s very vibrant. There’s a lot of new developments slated on the dockets here on Route 9 and I’d like to be part of that,” said Yee.
The Market / Bistro and home were sold separate from the property’s more than 32 acres of agricultural farmland. Prior to its sale, the property had been in the Ciaglo family for more than 100 years.