Foreclosure Sale: 50 Emmett St

2-story, 205,128 GSF industrial building on 9.1 acres. It contains 9 units with 200 parking spaces. The first floor has 186,474 SF with 20’ ceilings with ample natural light. The second floor 18,654 SF 2nd floor office space.

The Secured Party will offer for sale, at public auction: (i) all of Pledgor’s right, title, and interest in and to the following: EMMETT GROUP LLC (the “Pledged Entity”), and (ii) certain related rights and property relating thereto (col- lectively, (i) and (ii) are the “Collateral”). Secured Party’s understanding is that the principal asset of the Pledged Entity is the premises located at 50 Emmett Street and Tax Assessor’s Lot 70A Emmett Street, Bristol, CT (the “Property”). This is an excerpt. For the full terms of sale and access to the due diligence documents, please email us.

Time and Place of Public Sale:
Bid Deadline: Tuesday, May 28th, 2024 at 3:30 PM
Auction Date: Thursday, May 30th, 2024 at 3:30 PM

Online bidding will be made available via Zoom Meeting:
Meeting Link: https://bit.ly/50EmmettUCC (URL is case sensitive)

Property Description

COLLATERAL SNAPSHOT • 2-story, 205,128 GSF industrial building on 9.1 acres • Currently configured as 9 units • 200 parking spaces • 186,474 SF 1st floor with 20’ ceilings with ample natural light • 18,654 SF 2nd floor office space • Value-add: Opportunity to capture significant rental upside as leases roll-over. • Property is enclosed by a 6’ fence • Multiple drive-in and dock-height loading doors including 3 covered truck wells. • Conveniently located 20 minutes from Interstate 91.