Absolute Auction: Pawtucket, RI - 131,388+/- sf. Industrial Warehouse/Manufacturing Building on 3.7+/- Acres

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131,388+/- sf. industrial property on 3.7+/- acres. 7,700+/- sf. of office and 123,688+/- sf. of plant space with 7 loading docks and a 10,000 lb. freight elevator. Strategically located in the center of the Pawtucket Industrial District. Near Route 1/I-95 interchange.

JJManning Auctioneers is proud to offer this 131,388+/- sf. industrial manufacturing/distribution facility suitable for a wide variety of uses including industrial, wholesale/commercial, public utility, storage, etc. at absolute auction wherein the property will be sold to the highest bidder regardless of price. Prime location in the center of the Pawtucket Industrial District. Close to the I-95 & Rt. 1 interchange and public transportation providing easy access to downtown Providence.

TAX ASSESSMENT: $1,383,900 ($420,200 Land & $963,700 Bldg.)
APPRAISED VALUE (12/05): 1,315,000
RE TAXES (2008): $27,650.32
PROPERTY ID: Parcel 440592 (Plat 44A, Lot 592)
LEGAL ID: Providence County Book 1526 Page 40
FRONTAGE: 552+/- ft. Pine St. & 322+/- ft. Barton St.
ZONING: MB - Industrial Built-Up District
SITE AREA: 3.738+/- acres (162,821+/- sf.)
FEMA MAP/ZONE: Map 4400220002D 1/3/86 / Zone C (outside 100 yr. flood plain)
PARKING: 122 spaces in paved & fenced lot
FAC ILITY: 1907 brick mill building with more recent metal construction additions; double-hung & vinyl windows; rubber membrane and tar & gravel roof
BUILDING AREA: 131,388+/- sf. 1 & 2-story with 106,000+/- sf. on 1st floor
OFFICE: 7,700+/- sf., new c. 1990
BASEMENT: 6,142+/- sf.
CEILING HEIGHT: 12'-18'
COLUMN SPACING: 20' - 30'
FREIGHT ELEVATOR: 10,000 lbs.
LOADING DOCKS: 4 tailgate & 3 drive-in doors
SECURITY: Alarm, entire building
SPRINKLERS: Full coverage with combination wet/dry
HEAT & FUEL: Gas-fired, HVAC in office & boiler in plant
AIR CONDITIONED: Office only
ELECTRIC: 800A capacity with 3,400 amp accessory panels
UTILITIES: Electric, gas & City water/sewer
ENVIRONMENTAL REPORT: Available at http://www.JJManning.com

Absolute Auction: Thursday, July 31, 2008 at 11:00 a.m. Bid Live On-Site or Online.

Previews: Thursday, July 17 & 24 (11am-2pm)

Terms of Sale: 10% deposit of which Fifty Thousand Dollars ($50,000.00) must be presented in cash, certified or bank check. Remainder of the 10% deposit in wire transfer, cash, certified or bank check by 5pm ET on Monday, 8/4/08. Balance in 45 days. 10% Buyer's Premium. Other terms, if any, announced at the sale.

Online Bidding Terms: Visit http://www.JJManning.com, mandatory 72 hour pre-registration

Buyer's Broker Terms: 2% Broker Commission Offered. 48 hour broker pre-registration required. Sign up your buyers now! Full terms and forms at http://www.JJManning.com

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JUSTIN MANNING
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