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Date: 1/26/21 11:00AM
Auction: NEW BEDFORD, MA - DEVELOPMENT OPPORTUNITY - 2 ADJACENT PARCELS W/ COMMERCIAL BUILDINGS AND PARKING
Ref No.: 21-1892
95-101 William St. & 849 Purchase St., New Bedford, MA
Selling in the Entirety, to the Highest Bidder, Regardless of Price
Potential Development Opportunity
95-101 William St. (Parcel ID: 52-231): 15,358+/- sf. GBA former Bank Building w/ 4-half Baths on .18+/- ac.
849 Purchase St. (Parcel ID: 52-228): 1,185+/- sf. GBA 2-Lane Drive Thru & Parking
.33+/- Acres in Adjacent Downtown Parcels
Located in downtown New Bedford - 1 block away from City Hall, public transportation & public library. Excellent visibility & convenient access to both I-195 & Rt. 140.
Terms: 10% certified deposit of which $25,000 by certified or bank check due at the auction and remainder of 10% due within 2 days. 45 days to close. 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.
Property Preview: Tuesday, January 19 (11am-1pm)
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 24-hour broker pre-registration. Click link on right-hand side for full terms & registration page.
Social distancing protocols will be observed at the auction
Please bring a mask & pen and have your ID readily available when you arrive on-site
MA Co Lic #3184
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