50 Nagog Park, Acton, MA

123,700+/- SF OFFICE BUILDING

Due to a newspaper publishing error, this auction is now scheduled for:
Auction Date: WEDNESDAY, February 2, 2005 at 2:00 PM

PROPERTY INFORMATION

Property Address:

50 Nagog Park, Acton, MA

Recorded at:

Middlesex County South Registry of Deeds, Book 32870, Page 384

Auction Date:

February 2, 2005

Auction Time:

2:00 PM

Land Area:

11.19 acres± SF

Building Area:

123,700± SF

Zoning:

OP I (Office Park)

Taxes:

$132,651.21, FY 2004

Assessed Value:

$9,315,100.00

Water/sewer:

Public Water/Private Sewer and Treatment Plant

Year Built:

1986

Features:

High-Rise Class A, 3-story office buildings located at Nagog Park off Route 2A, approx. 4 miles from I495, exit 31. Unit #50 contains 123,700+/- SF, and is situated on a 11+ acre lot. This property will be offered for sale at auction individually and also in combination with 100 Nagog Park Drive.  Both sites have abundant parking, elevator service, attractive landscaping and other amenities.

Directions:

I495 to Exit 31 in Littleton, south on Route 2A (AKA Route 119 and Great Road) approximately 3.5 miles into Acton, left on Nagog Park.

Property Preview:

We are pleased to offer an opportunity to preview the property the day prior to the auction, Tuesday, February 1, 2005 from 1:00 to 3:00 PM, local time. You must download and bring the completed "Consent and Acknowledgment Regarding Access" form, one for each individual, with you to the preview.

Terms:

A deposit of One Hundred Thousand Dollars ($100,000.00) paid by certified check(s) or bank cashier’s check(s) and delivered to Mortgagee’s attorneys identified above will be required at the time and place of sale.  Only registered bidders will be permitted to bid.  To become a registered bidder requires presentation of the bidder’s name, address, phone number, fax number, email (if available) and certified check or bank cashier’s check in the amount of not less than $100,000.00 to the auctioneer conducting the Public Auction.  The winning bidder must then pay not more than seven (7) days after the Public Auction by delivery to Mortgagee’s attorneys identified above an additional deposit of the lesser of (i) the winning bid amount balance or (ii) Two Hundred Fifty Thousand Dollars ($250,000.00) paid by certified check(s) or bank cashier’s check(s).  The balance is to be paid by certified check or bank cashier’s check at the Law Office of Stanley A. Brooks, 25 Walnut Street, Wellesley, MA 02481, within thirty (30) days of the date of the sale and the Deed shall be delivered upon delivery of the balance of the Purchase Price.  Other terms to be announced at the sale. Not a representation or warranty by the auctioneer, mortgagee or their attorney.  Auctioneer not responsible for errors or omissions.

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100 Nagog Park, Acton, MA

181,170+/- SF OFFICE BUILDING

PROPERTY INFORMATION

Property Address:

100 Nagog Park, Acton, MA

Recorded at:

Middlesex County South Registry of Deeds, Book 32870, Page 384

Auction Date:

February 2, 2005

Auction Time:

2:00 PM

Land Area:

23.53 acres± SF

Building Area:

181,170± SF

Zoning:

OP I (Office Park)

Taxes:

$198,524.69, FY 2004

Assessed Value:

$13,940,900.00

Water/sewer:

Public Water/Private Sewer and Treatment Plant

Year Built:

1982

Features:

High-Rise Class A, 3-story office buildings located at Nagog Park off Route 2A, approx. 4 miles from I495, exit 31. Unit 100 contains 181,170+/- SF and is situated on a 23+ acre lot.   This property will be offered for sale at auction individually and also in combination with Unit # 50 Nagog Park Drive  Both sites have abundant parking, elevator service, attractive landscaping and other amenities.

Directions:

I495 to Exit 31 in Littleton, south on Route 2A (AKA Route 119 and Great Road) approximately 3.5 miles into Acton, left on Nagog Park.

Property Preview:

We are pleased to offer an opportunity to preview the property the day prior to the auction, Tuesday, February 1, 2005 from 1:00 to 3:00 PM, local time. You must download and bring the completed "Consent and Acknowledgment Regarding Access" form, one for each individual, with you to the preview.

Terms:

A deposit of One Hundred Thousand Dollars ($100,000.00) paid by certified check(s) or bank cashier’s check(s) and delivered to Mortgagee’s attorneys identified above will be required at the time and place of sale.  Only registered bidders will be permitted to bid.  To become a registered bidder requires presentation of the bidder’s name, address, phone number, fax number, email (if available) and certified check or bank cashier’s check in the amount of not less than $100,000.00 to the auctioneer conducting the Public Auction.  The winning bidder must then pay not more than seven (7) days after the Public Auction by delivery to Mortgagee’s attorneys identified above an additional deposit of the lesser of (i) the winning bid amount balance or (ii) Two Hundred Fifty Thousand Dollars ($250,000.00) paid by certified check(s) or bank cashier’s check(s).  The balance is to be paid by certified check or bank cashier’s check at the Law Office of Stanley A. Brooks, 25 Walnut Street, Wellesley, MA 02481, within thirty (30) days of the date of the sale and the Deed shall be delivered upon delivery of the balance of the Purchase Price.  Other terms to be announced at the sale. Not a representation or warranty by the auctioneer, mortgagee or their attorney.  Auctioneer not responsible for errors or omissions.