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By Order of the state of Rhode island, Department of administration
commercial REAL Estate Opportunity
Pawtucket, ri, close to Route 95!
adjacent to former pawtucket memorial hospital

Bidding Opens Wednesday September 29, 10:00 AM
Bidding Closes Thursday, September 30, Noon

Inspections: By appointment only

160 Beechwood Avenue, Pawtucket, RI

The property is located at 160 Beechwood Avenue on the corner of Beechwood, Brewster and Young Street in the City of Pawtucket, RI. The land is adjacent to the former Pawtucket Memorial Hospital. The property is improved with a 15,486+/- s.f. three story brick office building on a slab. Approximately 5,162 s.f. on each of the three floors. Land area is 26,168 s.f. with parking for approximately 43 cars. Zoning is Residential, RM (Residential Multifamily). Legal non-conforming use based on a non-permitted office use for the zone.

Close proximity to Interstate Route 95, Former Pawtucket Memorial Hospital and future Lockwood Development site, Tidewater Proposed Soccer Development, McCoy Stadium

A Deposit of $20,000 in Certified, Bank Check or Wire Transfer required in order to bid.
2% Buyers Premium to be applied to sale price. Starting Bid: $400,000.00. Deposits MUST be delivered to the Auctioneer no less than 48 hours prior to the opening of the bidding. Deposits received after that time risk the chance of not being allowed to bid at the sale.

SOFT CLOSE RULE: Understanding how the lot will close with Online Bidding: At 12:00PM on Thursday, September 30, Auction will close. However, we use what is referred to as a soft-close. If someone bids on the lot with less than 4 minutes to the closing time, the lot closing time will be extended by four minutes. This is done so that a bidder is not shut out of the bidding by a quick last second click.

Property Documents: Please review the following documents as they may pertain to qualifying as a prospective bidder.