The island's only bookstore may soon have a new owner.
The store, located at the Marketplace, was listed for sale a couple months ago, because the business' owners would be making an employment-related move off island. An employee reportedly told an author trying to place his book on the store's shelves last month that the Book & Bean would "close soon." But now the Multiple Listing Service has a "Sale Pending" tag on the offering. The asking price was lowered last month to $75,000.
Speaking of price cuts, the asking price for the Stone Terrace restaurant has been reduced to $575,000 from $650,000. American Paradise is the listing agent.