Residential

MORTGAGEE'S SALE AT PUBLIC AUCTION
48 ANTONIO COSTA BLVD,, NEW BEDFORD, MASS.

BUILDING IN THE NORTH TERMINAL

MONDAY, MARCH 28, 2011 AT 11:00 A.M.

OUR CLIENT A LOCAL INVESTOR HOLDS A MORTGAGE OVER THE LEASEHOLD INTEREST IN THIS PROPERTY. THIS LEASE RUNS FOR 99 YEARS AND WAS ORIGINALLY SIGNED IN 1987. THE METAL BUILDING IS APPROX. 12,000 SQ. FT. CURRENTLY IS BEING USED AS A FISH PROCESSING PLANT. THE ENTIRE BUILDING IS DRAINED FOR SEAFOOD PROCESSING. THERE IS 6,OOO SQ. FT. AT GROUND LEVEL WITH 4 OVERHEAD DOORS AND 6,000 SQ. FT. AT LOADING DOCK HEIGHT WITH 4 OVERHEAD DOORS. THERE IS AN OFFICE AREA WITH STORAGE SPACE ABOVE.THE BUILDING HAS LARGE HAACP APPROVED COOLER. THE BUILDING IS LOCATED ON AN APPROX. 37,600 SQ. FT. LOT. THE BUILDING MAY BE USED FOR MANY THINGS BESIDES FISH POCESSING.

TERMS: Ten Thousand ($ 10,000) Dollars in certified or bank check at the time of sale. Balance to be paid in like form within twenty-one (21) days of the sale. Subject to unpaid taxes and other assessments. Other terms announced at the sale, if any.

Note: Neither the Auctioneer or the Attorney or the Mortgagee makes any representations as to the accuracy of the information contained herein.

MASS LIC. #1344 RI. LIC. #3293
FLA. LIC.#AU-2341
P.O. BOX 41269 NEW BEDFORD, MA.
508-997-0768