A prime development parcel on West North Avenue – and a location that may be familiar to drivers who have had their cars towed in the city – has been sold at auction after heavy bidding.
The former headquarters of Greenwood’s Towing, previously known as Greenwood’s Garage, was sold for $2,336,250, which included a five percent buyer’s premium.
Greenwood’s, founded in 1925, closed earlier this year. The business, including tow trucks and other assets but not the real estate or company name, has been acquired by Universal Towing at 3204 Frederick Avenue…