|Annual Taxes||$50,190 (per auditor)|
|Lot Size||21.37 acres|
|Parcel ID||33-0350-02-025-0000, 33-0350-02-026-0000, 33-0350-02-024-0000, 33-0280-06-001-0100, and 33-0280-06-001-0000|
|Defendant||Highway Composites, LLC|
|Square Feet (per auditor)||212,604|
|Showings & Availability||Yes|
Court Appointed Receiver Sale. Online bidding only. Property will be sold free and clear of all liens and taxes will be pro-rated to day of closing. Bidding concludes Tuesday, March 3, 2020 at 2pm ET. Winning bidder must wire $50,000 deposit to Receiver no later than Wednesday, March 4, 2020 by 2pm ET. Buyer’s Premium equal to 10% of the high bid will be added to the high bid to determine the final sale price. Closing to take place within 31 days of Court’s approval. Sold 100% as-is, where-is, with all faults. Receiver makes no representations or warranties as to condition or details of the property. Contact [email protected] for property tours.
210,000+ SF warehouse situated on 21+ acres. Zoned M-1 (manufacturing light) and located in a cascade zone permitting B-1 – B-4 uses. (See attached zoning detail). Previous use is believed to be a plastics sorting / recycling business. Building still contains the plastic inventory. Great upside potential with a clean out and curing deferred maintenance and vandalism. Also, possibility of selling off excess land or additional development.
The City of Norwalk is anxious to work with a new owner to assist in making this property productive again. Possibility exists to change zoning to M-2, manufacturing (heavy).
Potential uses include, but are not limited to:
Information contained in ANY advertisement for this property is not guaranteed or warranted and should not be relied upon. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS IT HAS INDEPENDENTLY VERIFIED ALL INFORMATION AND MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION. Winning bidder must wire $50,000 deposit to Receiver no later than Wednesday, March 4, 2020 by 2pm ET.
Key sale points to know: