COMMONWEALTH OF MASSACHUSETTS
SURPLUS REAL ESTATE AUCTION




Massachusetts Statehouse

  Property Address:
    255 Princeton Street
    Chelmsford, MA

  Auction Location:
    Chelmsford Town Offices
    Selectmen's Meeting Room
    50 Billerica Road

  Date:
    Friday, April 5, 2019

  Time:
    12:00PM

  Bidder Registration:
    11:30AM

  Site Tours:
    Friday, March 15 and
    Monday, March 25, 2019
    11:00AM to 1:00PM

CHELMSFORD

255 Princeton Street (Route 3A)
34 Acre Site


This live auction offers an expansive 34 acre site in a great demographic. The property is an ideal development opportunity and features pond views, gentle slopes and easy access to major routes and commuter rail.

The parcel was formerly the University of Massachusetts Lowell West Campus and includes four masonry buildings in disrepair.

This is a rare chance to acquire a sizeable tract of land. Invest in this desirable town and create a signature project that will be a vibrant landmark in the community.

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ADDITIONAL PIP SECTIONS:
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Terms:
Please review all sections of the Property Information Package in detail. Bidders must have positive identification and $50,000.00 in the form of a bank check (treasurer's, cashier's or certified) to qualify to register to bid. No personal or business checks accepted for the qualifying deposit. Additional deposit bringing the total deposit to 10% of the purchase price, due immediately upon completion of the auction. Closing in 60 days. Property sold as is. The Commonwealth of Massachusetts, the Division of Capital Asset Management and Maintenance and the Auctioneer make no representations, warranties, or guarantees as to the accuracy of the information provided and urge all bidders to rely entirely on their own inspection and investigation of the premises.