Pawtucket, RI (PRWEB) September 13, 2008
JJManning Auctioneers is proud to offer this prime commercial property in Pawtucket's IMB Industrial Built-Up Zone near I-95 Exit 27, 10 miles from downtown Providence and 5 minutes from the MBTA commuter rail. This building is in a high visibility location in the Arts & Entertainment District within blocks of City Hall, Police/Fire, Blackstone Valley Tourist Center, Slater Mill Historic Site, and the Blackstone River. There is tremendous potential for a wide variety of possible uses including retail, industrial, storage, heavy commercial, and residential.
*Appraised at $475,000, to be Sold Absolute to Highest Bidder Above $150,000
PROPERTY ID: Parcel 530436 (Plat 53, Lot 436)
LEGAL REF: Providence County Bk 2621 Pg 54
APPRAISED VALUE (2/08): $475,000
TAX ASSESSMENT: $403,700 (Land $239,700 & Bldg. $164,000)
COMM. TAX RATE: $20.88
SITE: .4+/- ac. with frontage on Main St. plus access via Pine St. right-of-way
BUILDING: 28,694+/- sf. brick mill built c. 1900 with later additions, 1-story retail section, 2 & 3-story wood-framed warehouse sections with 5,940+/- sf. basement, flat roof & stone foundation
CEILING HEIGHTS: 10', 12' & 18'
HVAC: Gas-fired warm air heat
UTILITIES: City water & sewer, electric, natural gas & telephone
LOADING DOCKS: 3, (2) 1st fl. & 1 (basement)
ELEVATOR: 4-stop freight
FIRE SUPRESSION: Wet sprinkler system, entire building
*Absolute Auction: Wed., October 8, 2008 at 2:00 p.m. Bid Live On-Site or Online.
Preview: Wed., October 1st (2pm-4pm)
Terms of Sale: 10% certified deposit with $10,000 certified at auction and remainder by 5pm ET Friday, 10/10/08. Balance in 45 days. 10% Buyer's Premium. Other terms, if any, announced at the sale. All information derived from reliable sources believed correct, but is not guaranteed. JJManning Auctioneers is acting exclusively on behalf of seller.
Online Bidding Terms: Visit http://www.JJManning.com, mandatory 72 hour pre-registration.
Buyer's Broker Terms: 2% Broker Commission Offered. Visit http://www.JJManning.com, mandatory 48 hour broker pre-registration.