Olde Province Commons, Meredith, NH

Sold At Auction $2,050,000

71 Route 104
Wednesday, February 04, 2015 11:00 a.m.




15PM-05

Auction Type Real Estate Auction
Date 2/4/2015 11:00 a.m.
Address 71 Route 104
Meredith NH


Foreclosure - SOLD AT AUCTION

AUCTION

51,000± Sq.Ft. Shopping Center

Meredith, New Hampshire

Wednesday, February 4th at 11:00 a.m.

NOTE:  Access to the facility will be available for registered bidders 1 hour before the auction (10:00 a.m.)  71 Route 104 is the site of Olde Province Commons a two building, 51,661± sq.ft. retail strip center with stand alone bank building. The site is approximately 8.48± acres with access at the lighted intersection of Foundry Ave and Route 104. The center was built in 1990± and consists of a 47,993± sq.ft. retail strip with 13 units and a 3,668± sq.ft. bank. The buildings include three-phase electrical, central AC, FHA by propane, sprinkler systems, municipal water and sewer and 285± paved parking spaces. Zoning: BI-Business & Industrial. Tax Map S23, Block 40. Assessed Value: $3,124,800 Inspections: Wednesday, January 28th from 1:00 to 3:00 p.m. and Friday, January 30th from 1:00 to 3:00 p.m.  NOTE:  Access to the facility will be available for registered bidders 1 hour before the auction (10:00 a.m.)

 

TERMS

Terms: Fifty Thousand ($50,000.00) Dollar deposit in cash, certified check, bank check or other form acceptable to mortgagee at time and place of sale. Successful bidder to increase their deposit to a total of ten percent (10%) of purchase price within three (3) business days of the auction. Balance due at closing within forty-five (45) days of sale. Subject to all terms of sale. Ref. #15PM-05



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