MORTGAGEES FORECLOSURE AUCTION
33+/- Acres in 4 Parcels to be Sold in the Entirety
Assessor Parcels: 83-5 (1405 GAR Hwy.) 5.9+/- acres w/ 384+/- sf. building, shed, parking; 14-33 (0 Colletti Ln.) 22.45+/- acres; 6-16A (0 N S GAR Hwy.) 3.63+/- acres; 6-16 (0 N S GAR Hwy.) 1.51+/- acres
Former used car lot for which there was a 2018 application for a 40B development for 144+/- apartments of which 25% were to be affordable that did not move forward. There is an estimated 7-10+/- acres of upland. Prospective buyers must conduct their own due diligence in regard to the development potential of this site.
Zoning: BB, RR, portion in Aquifer Protection District overlay
Across from Holiday Inn with easy access to Rt. 6, Rt. 118, I-95 & I-195
12+/- miles to Providence, 50+/- miles to Boston
MORE INFORMATION COMING SOON
10% certified deposit of which $50,000 by certified or bank check due at the auction and remainder of 10% due within 3 business days. 30 days to close. 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.