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8SVN-08 - Saugus, Massachusetts - 109 Ballard Street, Saugus, MA
8SVN-08 - Saugus, Massachusetts
Auction Date:
12/10/2008 11:00 AM (Closed)
Address:
109 Ballard Street
Saugus, MA 01906
United States
[Map | Driving Directions]
Type:
Industrial
Representatives:
PAUL McINNIS, CAI, AARE
Christopher McInnis
Property Information Packet

Saugus, Massachusetts

65,000+/- sq.ft. Industrial Building On 8.6+/- Acre Corner Lot

Corporate Dissolution
AUCTION
65,000 +/- sq.ft. Building
Redevelopment Opportunity
Saugus, Massachusetts
Wednesday, December 10th at 11:00 a.m.

SELLING TO THE HIGHEST BIDDER ABOVE AN OPENING BID OF $1,500,000

Real Estate: 109 Ballard Street in Saugus, Massachusetts is a 65,455 +/- square foot industrial building on a corner lot of 8.6 +/- acres. This property was the former Eastern Tool & Stamping Co., Inc. manufacturing facility and is zoned Light Industrial. This is ideally suited for industrial users or a redevelopment opportunity for retail, office, hospitality, or senior assisted living/ residential complex. The site boasts a superior location near the intersection of Route 107 and Ballard Street in Saugus, 5 minutes to Route 1 and 15 minutes to Interstate-95, Interstate-93, and downtown Boston. Originally listed at $4,600,000 and Assessed at $3,236,100; the company has now ordered an auction of the property selling to the highest bidder above $1,500,000!

Terms: $100,000.00 deposit in cash, certified check or bank check at time and place of sale; balance due at closing within 45 days. Seven Percent (7%) Buyer's Premium.

Environmental Reports Available
Seller Financing will be considered

Inspections by Appointment on Monday, November 24th or Wednesday, December 3rd. Please contact our office at (603) 964-6103 to schedule showing appointments.

Directions: From the intersection of Route 1 and Essex Street in Saugus, head east on Essex Street towards Vine Street for 1 mile. At traffic circle, take second exit onto Lincoln Avenue and follow for approximately 1.2 miles and turn right on Ballard Street.

Buyer Broker Participation Welcome

Lic. #AU205


Additional Photographs

newsauguslg — aerial view
575saugus — Exterior View
intsaugus — Interior View

Additional Documents


Description Size
sauguspostcard (sauguspostcard.pdf) sauguspostcard
Auction Postcard [Download]
 432.4 KB
saugusbrokerform (saugusbrokerform.pdf) saugusbrokerform
Buyer Broker Form [Download]
 22.2 KB
release (release.pdf) release
Environmental Site Assessment Disclosure And Release Form [Download]
 122.3 KB
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