6, 20-30 Island Street , Lawrence , Ma

Industrial Land & Foundry Buildings  

  Thursday , February 28, 2002 at 11:00 AM 

PROPERTY INFORMATION

Property Address:

6, 20-30 Island Street , Lawrence , Ma

Recorded at: 

Essex North District Registry , Book  4925, Page 274

Auction Date:

February 28, 2002

Auction Time:

11:00 AM

Land Area:

7.39 acres  

Building Area:

84,794 ± SF

Heating: 

Hot Air by Gas 

Zoning:

Industrial Zone I-2

Taxes:

27569.38+/= , FY 2001

Assessed Value:

$785,900.00 
 

Year Built:

Varies, see Assessor's records attached 

Features:

This 7.39+/- acre industrial site consists of multiple adjacent parcels. The main building, consisting of 44,545 +/- SF includes office space, industrial space and a modern 20,000+/- SF heavy industrial structure w/ 30' ceiling.  Parcels comprising approx 3.9 acres are vacant. The site is known as Ferrous Technologies. The mortgagee reviewed environmental documents and reports prior to loan approval in 1997 and found the property environmental information satisfactory at that time.  To make arrangements to view these documents, call Auction Marketing Group at 508-842-1900.

Directions:

Interstate 495 to exit 45, to Canal St, left on Union St, left on Island St.

Terms: 

A deposit of twenty-five thousand dollars ($25,000.00) will be required to be paid by certified or bank cashier's check by the purchaser at the time and place of sale and the balance paid within 30 days. The individual land parcels may be offered for sale separately and/or in combination, see Mortgagee's Notice of Sale of Real Estate. Other terms to be announced at the sale. Information contained herein is for informational purposes only and does not constitute a representation or warranty. Other terms to be announced at the sale. Auctioneer not responsible for errors or omissions.