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JJManning.com Sells 2 State of MA Owned Properties

January 11, 2004

(PRWEB) January 9 2004--TWO STATE OWNED PROPERTIES SOLD AT ABSOLUTE AUCTION.

Sale per order of the Commonwealth of MA Division of Capital Asset Management (DCAM)

20 ADDISON STREET, E. BOSTON, MA WITH 505' OF WATERFRONT:
Formerly used as the Central Maintenance Facility of the MWRA, this property features a 19,000 sq. ft. two-story brick warehouse built in 1894 set on approximately 1.5 acres with 505 feet of waterfront on Chelsea Creek. The property also has 123 feet of frontage on Chelsea Street and 500 feet of frontage on Addison Street. Addison Street is off Rt. 1A, close to Logan International Airport. This is rare opportunity for a prime development site in a key industrial zoned area of Boston.

34 SHARON STREET, WALTHAM, MA:
Formerly the Waltham Armory, this property features a 18,300 sq. ft. brick warehouse building on approximately .66 acres. With approximately 220 feet of frontage on Curtis Street and 110 feet of frontage on Sharon Street, the property is in the heart of town near Brandeis University with easy access to the commuter rail and major highways. A unique property with unlimited potential for adaptive reuse in a thriving metropolitan community.

Each property sold absolute, no minimum, no reserve, regardless of price. A 10% deposit of which fifteen thousand dollars ($15,000) must be presented in cash, certified or bank check. Remainder of 10% deposit in personal or business check. Balance in 60 days. 10% buyer's premium.

The Commonwealth has chosen to sell these surplus properties at auction to insure quick availability of cash without compromising the maximum sales potential of valuable state assets. JJManning.com Auctioneers has over 30 years experience selling an array of distinctive properties at auction.

For detailed information, call 800-521-0111 or visit www.JJManning.com.