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By Order of the state of Rhode island, Department of administration
commercial/INdustrial Real Estate Opportunity
16.84 acres overlooking Rt. 95!
Former donald price correctional facility, cranston, RI

Bidding Opens Tuesday, October 27, 2020 10:00AM
Bidding Closes Thursday, October 29, 2020 1:00PM

Inspections: October 16, 2020 & October 23, 2020 by appointment only

located in the howard industrial park

Former Donald Price correctional facility
20 Goddard Road, Cranston, RI

The property is located in the Howard Industrial Park with approximately 16.84 acres of land area overlooking Interstate Route 95. Frontage on both Goddard Road and Kenney Drive. The main building identified as the former Donald Price Correctional Facility (Medium Security) and two inter-connected metal Butler-type buildings. The Donald Price building was constructed circa 1935 and consists of approximately 81,640 square feet and the two metal buildings were constructed circa 1990 and consist of approximately 24,125 square feet. The Donald Price building is vacant and has been non-operational for the past ten (10) years.

Close proximity to TF Green State Airport, State Route 37, Interstate Route 95.

A Deposit of $100,000 in Certified, Bank Check or Wire Transfer required in order to bid.
2% Buyers Premium to be applied to sale price. Starting Bid: $2,900,000.00. 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 1:00PM on Thursday, October 29, Lot # 1 will close. However, we use what is referred to as a soft-close. If someone bids on the lot with less than 4 minute 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.