• NIANTIC, CONNECTICUT •
24 UNIT "BEACHFRONT" HOTEL known as "THE ELMS HOTEL" on ± 1/3 ACRE of LAND at "CRESCENT BEACH" 25 - 27 Ocean Avenue NIANTIC, CONNECTICUT & 4 UNIT LODGING HOUSE known as "LITTLE INDIAN POND LODGE" on ± 2/3 ACRE of LAND Less than ±250 Feet from Crescent Beach 20 Ocean Avenue NIANTIC, CONNECTICUT
To be Sold Individually and in its Entirety SATURDAY, OCTOBER 7TH Starting at 12:00 Noon
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NIANTIC, CONNECTICUT is situated ± 6 miles south of New London, and ± 9 miles north of Old Lyme, CT., off of I-95 at exit 72. |
Boston to Niantic Hartford to Niantic New York City to Niantic Providence to Niantic | 120 miles 50 miles 120 miles 65 miles |
| Crescent Beach with its white sand beach, overlooks Niantic Bay and Long Island Sound, between Fishers Island and Plum Island. Directly to the Northeast is McCook Point Park & Playground and McCook Point. To the Southwest is the Niantic Bay Yacht Club. Foxwoods and Mohegan Sun Casinos, Mystic Seaport and Essex, CT are less than 30 minutes away!
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The Elms Hotel
Lodging House
View of Crescent Beach from The Elms Hotel
INSPECTION TIMES: | The Elms Hotel: Fri., Sept 29th & Wed., Oct 4th from 11:00AM - 2:00 PM
Lodging House: Fri., Sept 29th & Wed., Oct 4th from 2:00PM - 4:00 PM |
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Terms of Sale: 20 OCEAN AVE (4 UNIT Lodging House) $25,000.00 Initial Deposit Cash or Certified Check. Deposit must be increased to a Total Amount equal to 10% of the Purchase Price within 5 Business Days. 5% Buyer's Premium applies. Other terms to be announced at time of sale.
25-27 OCEAN AVE (The Elms Hotel) $150,000.00 Initial Deposit Cash or Certified Check. Deposit must be increased to a Total Amount equal to 10% of the Purchase Price within 5 Business Days. 5% Buyer's Premium applies. 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 TOLL FREE 1-877-POSNIK-1 (767-6451)
| Philadelphia Office
5 Great Valley Road
Suite 244, Malvern, PA 19355
1-610-853-6655
Fax: 1-610-853-6633 |
MA Auc. Lic. #161·
www.posnik.com · E-mail: info@posnik.com · PA
Auc. Lic. # AU-003822-R |
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