The Town is seeking price proposals for the sale of 5.25 acres of vacant property located at 26 Park Road. Please see the Request for Proposals by following this link: RFP 26 Park Road Real Property Disposition.
The 230,000 square foot parcel has 200 feet of road frontage onto State Route 193 (Thompson Road) and extends west approximately 1,000 feet (survey available upon request). The property is zoned single family residential. Adjacent properties to the south of the lot are zoned a combination of multi-family residential and B-4 (General Business with Sewer). The Town could pursue rezoning the lot to a combination of multi-family residential and general business with sewer. The site has 5 points of public access. Please note that the Town is currently in the process of officially dividing the property into two separate parcels through an Approval Not Required (ANR) process with the Planning Board. The Town will continue to own the upper portion of the lot with the water tower. The lower 5.25 acres is the property being disposed of. The ANR is expected to be complete in April.
The Town hopes to hear from a variety of individuals and organizations who will present submissions for the site. It appears that the most practical development would be housing with the potential for business. NOTE: all potential proposers must notify the Town Administrator of their interest by emailing email@example.com and request to be on the distribution list for any potential addenda. The Town reserves the right to reject in whole or in part any and all submissions.
Minimum Bid Price. Due to the fact that the Town is seeking the best use of the Property and based upon real estate trends, a minimum bid price for the Property has been established as $400,000. Acceptance of any bid will require Town Meeting approval. The Town Meeting is scheduled for May 11, 2020 at 7:00 PM at the Bartlett High School Auditorium, 52 Lake Parkway, Webster.
Submission Deadline. Interested Developers are asked to submit an original (un-bound) and two (2) copies of their Submission to the Town Administrator’s Office, by the 11:00 a.m. Monday, April 30, 2020 submission deadline.