Photo courtesy of Houlihan Lawrence Wareck D’Ostilio Real Estate

A prominent retail property in Orange has traded hands for $3.16 million.

The 515 Boston Post Road property, currently leased to Bob’s Furniture, was originally listed for $3 million said Houlihan Lawrence Wareck D’Ostilio Real Estate, whose commercial broker Ken Ginsberg represented ownership in the deal.

The 26,285 square foot building built in 1969 has 2 elevators, 13’ ceilings and 80 parking spaces. The seller was Penn Furniture Corp. while the buyer was an LLC registered to the same address as a Bob’s Furniture store in Manchester.