Development Opportunity - East Bridgewater!!

Note: This auction is in the past.

Auction Event General Information

TOWN ORDERED PUBLIC AUCTION
EAST BRIDGEWATER

Phase II of Hanson Land Company
Wednesday, September 2,2020 at 1:00 PM

East Bridgewater Town Common
225 Central Street  - East Bridgewater, MA


4 OFFERINGS ON THE AUCTION BLOCK:

1) 21+ ACRES OF RESIDENTIAL-ZONED* LAND
          with 1,900+/- Feet of Frontage on Central Street

2) 2.26+/- ACRES OF LAND*
       Parcel 2 & 2A - Zoned Residential - No Frontage

3) Several various non-contiguous lots
         totalling approximately 7+/- Acres

4) 1 ACRE RESIDENTIAL LOT
          with 286+/- Feet of Frontage on Central Street

 

* This land grouping was recently rezoned at town meeting from Industrial to R1 and R2
   zoning. R2 is waiting final approval from Attorney General.  Inventory subject to change.

Zoning R1 - Single Family - 150’ Frtg/35,000 SF

Zoning R2 - Single Family - 100’ Frtg/20,000 SF
                     Two Family - 125’ Ftrg/35,000 SF

Industrial - Industrial - 125’ Frtg/35000 SF

CLICK HERE FOR:  EAST BRIDGEWATER ZONING BYLAWS

** Survey maps used are for reference only; not recorded plans.  Due diligence is encouraged. **

Click the Black "REQUEST AUCTION INFO" button to the right to download our Auction Information Package!

Auction Date

Wednesday, Sep 2 @ 1:00 pm

Auction Location

225 CENTRAL STREET
EAST BRIDGEWATER, MA 02333

Auction conducted at East Bridgewater Town Common

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Terms of Sale

In order to qualify as a bidder and bid on OFFERING #1 (22± Acres on Central Street), one must be present with a bank check in the amount of $25,000. If you wish to bid on OFFERING #’S 2, 3 & 4, you must be present with a bank check in the amount of $10,000. *** YOU WILL NEED A SEPARATE DEPOSIT CHECK FOR EACH OFFERING YOU PLAN TO PURCHASE. *** Your deposit must be in the form of a bank check made payableto the “TOWN OF EAST BRIDGEWATER”. NO PERSONAL or BUSINESS CHECKS WILL BE ACCEPTED. In addition to the required deposit at the auction, an additional deposit to increase the total deposit to 10% of the purchase price is due within 5 business days of the auction (September 9, 2020). The remainder of the purchase price must be paid by October 2, 2020 by bank check, money order or attorney IOLTA check. There will also be a 4% Buyer's Premium added to the winning bid price of each offering.

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