Absolute Auction: Pawtucket, RI - 131,388+/- sf. Industrial Warehouse/Manufacturing Building on 3.7+/- Acres

Pawtucket, RI (PRWEB) May 9, 2008 -- JJManning Auctioneers is proud to offer this 131,388+/- sf. industrial manufacturing/distribution facility suitable for a wide variety of uses including industrial, wholesale/commercial, public utility, storage, etc. at absolute auction wherein the property will be sold to the highest bidder regardless of price. Prime location in the center of the Pawtucket Industrial District. Close to the I-95 & Rt. 1 interchange and public transportation providing easy access to downtown Providence.

TAX ASSESSMENT: $1,383,900 ($420,200 Land & $963,700 Bldg.)

APPRAISED VALUE (12/05): 1,315,000

RE TAXES (2008): $27,650.32

PROPERTY ID: Parcel 440592 (Plat 44A, Lot 592)

LEGAL ID: Providence County Book 1526 Page 40

FRONTAGE: 552+/- ft. Pine St. & 322+/- ft. Barton St.

ZONING: MB - Industrial Built-Up District

SITE AREA: 3.738+/- acres (162,821+/- sf.)

FEMA MAP/ZONE: Map 4400220002D 1/3/86 / Zone C (outside 100 yr. flood plain)

PARKING: 122 spaces in paved & fenced lot

FAC ILITY: 1907 brick mill building with more recent metal construction additions; double-hung & vinyl windows; rubber membrane and tar & gravel roof

BUILDING AREA: 131,388+/- sf. 1 & 2-story with 106,000+/- sf. on 1st floor

OFFICE: 7,700+/- sf., new c. 1990

BASEMENT: 6,142+/- sf.

CEILING HEIGHT: 12'-18'

COLUMN SPACING: 20' - 30'

FREIGHT ELEVATOR: 10,000 lbs.

LOADING DOCKS: 4 tailgate & 3 drive-in doors

SECURITY: Alarm, entire building

SPRINKLERS: Full coverage with combination wet/dry

HEAT & FUEL: Gas-fired, HVAC in office & boiler in plant

AIR CONDITIONED: Office only

ELECTRIC: 800A capacity with 3,400 amp accessory panels

UTILITIES: Electric, gas & City water/sewer

ENVIRONMENTAL REPORT: Available at www.JJManning.com

Absolute Auction: Thursday, July 31, 2008 at 11:00 a.m. Bid Live On-Site or Online.

Previews: Thursday, July 17 & 24 (11am-2pm)

Terms of Sale: 10% deposit of which Fifty Thousand Dollars ($50,000.00) must be presented in cash, certified or bank check. Remainder of the 10% deposit in wire transfer, cash, certified or bank check by 5pm ET on Monday, 8/4/08. Balance in 45 days. 10% Buyer's Premium. Other terms, if any, announced at the sale.

Online Bidding Terms: Visit www.JJManning.com, mandatory 72 hour pre-registration

Buyer's Broker Terms: 2% Broker Commission Offered. 48 hour broker pre-registration required. Sign up your buyers now! Full terms and forms at www.JJManning.com

# # #