Aaron Posnik & Co., Inc.

MORTGAGEE'S SALE OF REAL ESTATE BY

• CHARLTON, MASSACHUSETTS •

±39,400 S/F
COMMERCIAL BUILDING
BUILT IN 1998
on ±6¼ ACRES
±5 MILES from EXIT 9 on MASS. TURNPIKE & I-84
Includes ±1,300 S/F OFFICE/RETAIL BUILDING

240-242 Sturbridge Road (Rt. 20) CHARLTON, MASS.
To be sold on the Premises
FRIDAY, DECEMBER 17^TH AT 12:00 NOON

Executive Summary

SITE:

The site contains ± 6.18 acres, and is situated on the northern side of Sturbridge Road, (Route 20) and the southern side of the Massachusetts Turnpike (I-90).

ZONING:

The site has ± 1,387 feet of frontage on Route 20 and ± 1,4981 feet of frontage along I-90. The site has an average depth of ± 180 feet. The site has access via curb cuts that allow access to the parking areas and loading dock.

The site is zoned Industrial IG, Industrial Garden District according to the Town of Charlton.

IMPROVEMENTS:

Consist of a 2 story Industrial Building containing ± 39,240 square feet of total area, built in 1998. The second floor of the building is built out entirely as office space, while the first floor is used entirely for manufacturing. The building is 100% air conditioned.

There is also a wood framed, office/retail style building which contains ± 1,320 square feet of area, plus a cellar. This building is situated on the easterly end of the subject property.

Terms of Sale: Initial deposit of $100,000 cash or certified check.
Must be increased to 10% of Purchase Price within 5 Business Days.
Other terms to be announced at time of sale.

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Corporate Office 83 State Street Springfield, MA 01103 1-413-733-5238 Fax:1- 413-731-5946	Aaron Posnik & Co., Inc. Established 1932	Philadelphia Office 5 Great Valley Road Suite 244, Malvern, PA 19355 1-610-853-6655 Fax: 1-610-853-6633
Mass Auc. Lic. #161· www.posnik.com · E-mail: info@posnik.com · PA Auc. Lic. # AU-0038-R