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Auction: PORTSMOUTH, RI - 43+/- ACRE DEVELOPMENT SITE ON NARRAGANSETT BAY
Ref No.: 18-1786
"Weaver Cove" off Burma Rd., Portsmouth, RI
Selling to the Highest Bidder, Regardless of Price!
43+/- Acre Generally Unimproved Waterfront Site
k/a "Weaver Cove" (a/k/a "Hood Melville Marina")
On Narragansett Bay abutted to the North by Hinckley Yachts Co.
Previously permitted for rental housing, for-sale housing, and a 1,495 slip marina, the 43 acre site offers sweeping views of Narraganset Bay & Prudence Island.
Zoned WD - Waterfront District
Property Preview: Wednesday, September 12 (11am-1pm)
Terms: 10% certified deposit of which $25,000 by cash, certified, or bank check due at the auction and remainder of 10% due 4pm EST Friday., 9/28. 30 days to close. 10% buyer's premium will be added to the final bid and that sum shall constitute the purchase price. Complete terms & conditions in Property Information Package (PIP). Other terms, if any, to be announced at the sale. Announcements or changes made from the auction block or within the purchase agreement take precedence over any previously printed materials or oral statements made.
Pre-Auction Offers: Must be tendered on a signed JJManning approved P&S Agreement & accompanied by a 10% certified deposit in certified or bank check or by confirmed wire transfer.
Buyer's Broker Terms: Up to 2% Broker Commission Offered. Mandatory 48-hour broker pre-registration. Click link on right-hand side for full terms & registration page.
Click links on right-hand side for additional information. Must use full version website in order to download brochure & Property Information Package (PIP).
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