PeoplesBank plans to purchase the Yankee Pedlar property

Yankee Pedlar's been in business since 1942

HOLYOKE, Mass. (WWLP) – The historic Yankee Pedlar Restaurant & Banquets in Holyoke will likely be demolished to make way for a new PeoplesBank financial center.

Yankee Pedlar’s been in business since 1942. The property has been on the market since August of 2016, and the restaurant closed this past December.

PeoplesBank hasn’t officially closed on the property yet, but said they plan to eventually close and combine their two branches in Holyoke sometime in late 2018. No jobs will be lost.

Related: Closing of Yankee Pedlar saddens members of St. Patrick’s Parade Committee

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