Properties

The premises is located at the junction of Bourne Avenue and Roger Williams Avenue in East Providence, Rhode Island.  It consists of approximately 29 acres of developable land and is situated on the Seekonk River having 1,920 feet of river frontage.  In total, approximately 20 acres fronts along the Seekonk River.  In addition, the remaining 9 acres is located on Omega Pond. There is approximately 1,200 feet of water frontage along Omega Pond. In addition, the premises are located within the City of East Providence’s Waterfront Development District.  The Waterfront District is planned to accommodate a mix of residential, commercial and light industrial uses, with public parks and waterfront access integrated into design plans.

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SEE 2017 CALL-FOR-OFFERS HERE. DUE MAY 19TH

Initial Offering Memorandum

Additional Information

Bid Package Table of Contents and Tabs 1 – 4 

Bid Package Tabs 5 – 6  

Bid Package Tabs 7 – 10 

Bid Package Tab 11

Bid Package Tabs 12 – 13

Bid Package Tab 14 – 16

CRMC Engineering Plans

Omega Pond Parcel

Bid Package Table of Contents and Tabs 1 – 4 

Bid Package Tabs 5 – 9

Bid Package Tabs 10 – 11

Bid Package Tab 12 - 13

Bid Package Tab 14 – 16

Omega Pond – Sale Advertisement
SOLD

The Real Estate is located at 423-433 Union Avenue in the City of Providence, Rhode Island.  The Real Estate is situated approximately 10 minutes from Downtown Providence, with close proximity to Routes 6 and 10, as well as I-95.

The total acreage for the Real Estate is .58 acres and it is zoned as R-3 residential.  In total, the Real Estate has 22,264 square feet land.  Situated upon the Real Estate are two residential dwelling units.

Bid Package Cover Page, Table of Contents and Tabs 1 - 4

Bid Package Tabs 5 - 8

Bid Package Tabs 9 - 10

SOLD

The Real Estate is located at 92 Cady Avenue in the City of Warwick, Rhode Island. The Real Estate is situated with Old Mill Cove to the North, Narragansett Bay to the South and East and Route 117 to the West.

The total acreage for the Real Estate is .26 acres and it is zoned as A7 residential. In total, the Real Estate has 11,516 square feet of space. The Real Estate does not require flood insurance.  Situated upon the Real Estate is a one store, ranch styled house with approximately 960 square feet of livable space and a basement with 960 square feet of space. The basement also has bulkhead access. The house has 3 bedrooms and 1 bathroom.

Bid Package

 

SOLD

The real estate is an industrial/commercial property situated off of Eddy Street with building space located between Eudora Street and Public Street. The total acreage for the real estate is .22 acres. Situated upon the real estate is a single story building with approximately 5,832 square feet of usable space. The building is constructed with a brick and concrete exterior and a tar and gravel roof. In addition, the real estate includes a loading platform attached to the building and approximately 3,500 square feet of paved asphalt.

 

SOLD

The real estate is located at 10 Seaview Avenue in the Town of Jamestown, Rhode Island. It is a waterfront property situated on Narragansett Bay immediately north of Potter’s Cove. In addition, it has a spectacular view of the Newport Bridge and the Newport War College. The view of the Newport Bridge at night is dramatic.  Moreover, the real estate has a dock and two moorings, providing access for swimming, boating, fishing and other water sports in Potter’s Cove. A sandy beach is only a short walk and it is only a couple of minutes from downtown Jamestown, which has a variety of shops, restaurants, several marinas and a Town Beach for recreation. 

The total acreage is approximately .92 acres and it is zoned as R-40.    Situated upon the real estate is a ranch style house.  The house has three bedrooms, two full bathrooms and a one half bath.  Moreover, it is equipped with a two (2) car garage.  In addition, the real estate is situated with an outdoor open wooden deck structure that is approximately 336 square feet. Regionally, it is located approximately .5 miles from the Newport Bridge, 5 miles from Downtown Newport, and 10 miles from Narragansett, Rhode Island. In addition, it is approximately 1.5 hours from Boston and 3 hours from New York City.

 

SOLD

An audio visual business. The assets available for sale included computer screens, computers, amplifiers, lighting equipment, visual monitors, various office equipment, an Isuzu 16' box truck, and a GMC cargo van.

SOLD

A mill building with 2.06 acres of land located at 99 Hartford Avenue, Providence, Rhode Island. The mill building is 65,268 square feet with office space / storage room and loading docks. The property is zoned M-1 Industrial with direct highway access to RI US-6 and is approximately 2.5 miles from I-95.

SOLD

2,700 square feet of restaurant space situated on approximately 8,000 square feet of real estate. The restaurant space and real estate are located at 79 Main Road in Tiverton, Rhode Island. The real estate sits on a heavily trafficked corner lot next to the fire station. The real estate is zoned as General Commercial and a use of the restaurant space as a drive through is possible with a special use permit.

SOLD

An 183,455 square foot historic mill building located at 624 Washington Street. The mill building is located in the Anthony Historic District of Coventry, Rhode Island and is listed on the National Registry of Historic Places. The building is equipped with a wet sprinkler system, electricity and gas and/or oil heating. A proposed redevelopment project for the mill building is eligible for Federal Historic Tax Credits and has secured $7.5 million in state historic tax credits. In addition, the Receiver is working to establish a Tax Increment Funding ("TIF") zone within the Town of Coventry for the mill building.

SOLD

Approximately 1.6 +/– acres of land equipped with on-site parking located at 150 Colfax Street, Providence, Rhode Island. Situated upon the real estate is a split one to two story building structure that housed a former paper recycling operation. The lower level of the structure is approximately 41,000 square feet. Of that, there is approximately 7,000 square feet of office space and 34,000 square feet of warehouse/manufacturing space. The second floor structure is equipped with an additional 7,000 square feet of office space. The Receiver has negotiated to make financing available for any potential purchaser.

 

SOLD

Our firm was engaged to assist Dev-Con Consultants, LLC in the sale of a historic mill, re-use project located at 618 Main Street, Coventry, Rhode Island. The mill complex is situated on approximately 4 acres of land with frontage along Main Street (Route 115), Broad Street, Mill Street and Harris Street. The mill complex has the benefit of State historic tax credits and has been preliminary planned for redevelopment as a mixed use facility including residential, ancillary, office and retail uses. Current zoning is Industrial II with a Mill Conversion Overlay.

SOLD

The real estate is situated upon approximately 57 acres /– of land. Of that, approximately 50 acres is undeveloped land which was previously used to service an on-site gentlemen’s horse farm. The real estate is located at the intersection of Dunns Corner Road and Bradford Road (Rhode Island, Route 91). Situated upon the remainder of the real estate are four residential units consisting of a main house (4,393 sq. ft.), a caretaker’s cottage (2,700 sq. ft.), a guest cottage (1,440 sq. ft.), and a stable apartment (1,066 sq. ft.).

SOLD

The real estate is located at 10 Ocean Avenue in the Town of New Shoreham (“Block Island”), Rhode Island. The real estate consists of two (2) adjoining undeveloped parcels of land. The aggregate acreage for both parcels is approximately 2.5 acres. The first parcel consists of an undeveloped 1.4 acre lot fronting on Ocean Avenue and is zoned SC, a commercial use designation. The second parcel is an undeveloped 1.11 acre lot and is zoned RC, a residential use designation.

SOLD

The real estate and associated business assets are situated on approximately 33 /- acres of land located at 849 Victory Highway, West Greenwich, Rhode Island. The real estate is located just off of I-95 at Exit 5B, approximately 15 miles from the Connecticut State border and 45 miles from the Massachusetts State border. The real estate is currently improved for and is operating as a 24-Hour Auto and Truck Plaza known as “RI’s Only”. RI’s Only operations include a fully operating gasoline/diesel fueling facility. The nearest fueling facility for commercial trucks is approximately 15 miles. In addition, RI’s Only operations also include a 7,500 square-foot restaurant and a 3,120 square-foot convenience store.

SOLD

Middletown, Rhode Island. The real estate and business assets available for sale were the 120-room Newport Inn & Spa located at 936 West Main Road, Middletown, Rhode Island. The receiver accepted an offer of $2.1M, subject to higher and better offers, and Court approval.

SOLD

The real estate and business assets are situated on approximately 48 acres of land located at 82 Hillside Avenue in Rehoboth, Massachusetts. The real estate is currently improved for and is operating as a Country Club including a nine-hole 2,956-yard, par 36, public golf course, as well as a 10,356 square-foot club house/function facility.

SOLD

Sale of the business assets of E.R. Smith. The business assets sold: (1) Kuraki CNC 5" 4 Axis Horizontal Boring and Milling Machine; (2) Gidding & Lewis CNC 6" Horizontal Boring and Milling Machine Model MC60; (3) Gidding & Lewis CNC 6" Horizontal Boring and Milling Machine Model MC60II; (4) Misc. CNC Equipment and Machinery; (5) Graphics Assets; (6) Forklifts; and (7) Vehicles. The Receiver has accepted an offer to purchase the Equipment Assets for $1,100,000.00, and an offer to purchase the Graphics Assets for $225,000.00, subject to Court approval and higher and better offers. Competing offers may be submitted pursuant to the Bid Instructions.

SOLD

The Quarry Site is utilized as a coordinated site to accommodate earth removal operations inclusive of an active quarry, crushing and processing equipment and related recycling uses. The Quarry Site consists of approximately 131.12 acres located in Tiverton, Rhode Island described as Parcel Identification Nos. 113, Lots 60 and 65 in the Land Evidence Records. The site includes a total of 3,743 feet of frontage along Fish Road, which is a Rhode Island State Road and Highway Route 24 which runs from Interstate Route 195 in Fall River, Massachusetts to Route 114 in Middletown, Rhode Island.

The site has immediate access to infrastructure including town municipal water, sewer, gas, electricity and communications. The Algonquin gas pipeline traverses the site and is immediately adjacent to the National Grid high voltage transmission line. The site will also provide for leasehold income arising from the establishing of leasehold pad sites for wind turbines.

SOLD

The real estate available for sale is a 5 acre /– undeveloped lot, which has been zoned for commercial development. The real estate is located off of Mineral Spring Avenue between Plympton and Pierce Streets in North Providence. Formerly, the real estate had been planned for development as a 40,000 square-foot commercial development project.

 

SOLD

An 62,373 square foot historic mill building located at 825 Main Street, West Warwick, Rhode Island. The mill building is situated between the intersection of Main and Wakefield Streets in the north branch of the Pawtuxet River, West Warwick, Rhode Island. A proposed redevelopment project for the mill building is eligible for State and Federal historic tax credits. The project has secured approval for the construction of 92 residential units ranging from studio to two bedroom and loft units, as well as conceptual approval for an additional 100 units. There is also flexibility to accommodate other uses, as the project is located within a Mill Overlay District.

SOLD

The real estate available for sale was a 3,989 square foot condominium unit equipped for showroom / office space. The condominium is located at 61 Cedar Avenue, East Greenwich, Rhode Island. The unit was designed for showroom and office space. Approved uses for the condominium unit also include use as a professional practice center and medical care facility. Currently the Receiver has an offer to purchase the condominium for Two Hundred and Eighty Thousand dollars ($280,000.00).

SOLD

A commercial condominium consisting of approximately 7,900 gross square feet located in the Aquidneck Corporate Park in Middletown, Rhode Island. The property and all assets, including equipment and fixtures, are for sale. The property is located within a highly visible and easily accessible area. The building is fully constructed and ready for use. The property is permitted for use by general professional offices, general office space, bank or financial institutions, manufacturing, research or development, defense contracting, catering and food packaging, and a variety of other permitted uses. The location is ideal for any office based business and an exceptional location for defense contractors. The Aquidneck Island Corporate Park is the recipient of substantial improvements made within the common area of the property over the course of the last four years.

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