Town of East Bridgewater, MA Municipal Public Auction
Held At: 225 CENTRAL STREET
Wednesday, September 2 at 1:00 pm
No documents for this auction
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.
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. **
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