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82-Acre/ +122K-SF Specialty Building 399 Bishops Hwy 122 620 pi² Bâtiment spécialisé Vente à l’encan en ligne Kingston, MA 02364
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FAITS SAILLANTS DE L'INVESTISSEMENT
- 399 Bishops Highway is a 82-acre site improved by a 122,620-square-foot, three-story (and a sub-level) former high school, ready for redevelopment.
- Site plan spans a 100K-SF academic building, a 16,320-SF activity center, a 1.8K-SF music center/ storage building, and a 4.5K-SF maintenance shed.
- Septic is on-site as well as multiple water wells, propane fuel, steam heat, and an air conditioning system.
- Kingston is a coastal town off Cape Cod Bay and is approximately 40 miles south of Boston via Interstate 93.
- Kingston locals are active year-round with many recreational opportunities, a beloved music in the park concert series, and annual seasonal events.
RÉSUMÉ DE L'ANNONCE
The Conrad Group has been retained on an exclusive basis to arrange the redevelopment sale of the expansive 82-acre former public high school property located at 399 Bishops Highway in Kingston, Massachusetts. The offering comprises an 82-acre redevelopment site as well as a ~48 acre piece of raw land that is currently best situated for a donation or tax credit.
The subject, formerly home to a local public high school, offers a total of 122,620 square feet of building area, comprising a primary, three-story academic building, a student activity center, a music center/storage building, and a maintenance shed. The primary academic building also has a basement sub-level. Indoor build-outs include 35 classrooms, a 700-seat auditorium, two gymnasiums with locker rooms, a chapel, a large cafeteria, an observatory with a telescope, a library, and a media/ debate room. On-site outdoor features include a soccer field, a football field with a scoreboard, baseball and softball diamonds, six tennis courts, and a multi-purpose field with a six-lane track.
The former educational facility is ready for redevelopment investment by a seasoned developer. Previous plans were being pursued to convert the site to a 640-unit multifamily complex, pending rezoning by Plymouth County. As an oceanfront community and the hub of the South Shore, Kingston is an attractive destination for residential development. The Colony Place shopping center is conveniently located nearby, offering a variety of shopping and dining options, including Best Buy, Olive Garden, Walmart Supercenter, Burlington, Aldi, Panera Bread, Ocho Café, and many more.
The 10-mile radius of the property is home to nearly 140,000 residents with an average household income surpassing $130,200. Approximately 40% of the residents have attained a bachelor's degree or higher level of education, indicating an educated and affluent demographic. The Boston market continues to attract top-tier talent, particularly in the fields of science, technology, and healthcare. The market’s economy is anchored by world-class education and healthcare institutions, as showcased by the Longwood Medical Area, which is undergoing a significant transformation for its 2031 opening.
Inquire today for more information about this one-of-a-kind, expansive redevelopment opportunity in a market with higher barriers to entry and an affluent population.
The subject, formerly home to a local public high school, offers a total of 122,620 square feet of building area, comprising a primary, three-story academic building, a student activity center, a music center/storage building, and a maintenance shed. The primary academic building also has a basement sub-level. Indoor build-outs include 35 classrooms, a 700-seat auditorium, two gymnasiums with locker rooms, a chapel, a large cafeteria, an observatory with a telescope, a library, and a media/ debate room. On-site outdoor features include a soccer field, a football field with a scoreboard, baseball and softball diamonds, six tennis courts, and a multi-purpose field with a six-lane track.
The former educational facility is ready for redevelopment investment by a seasoned developer. Previous plans were being pursued to convert the site to a 640-unit multifamily complex, pending rezoning by Plymouth County. As an oceanfront community and the hub of the South Shore, Kingston is an attractive destination for residential development. The Colony Place shopping center is conveniently located nearby, offering a variety of shopping and dining options, including Best Buy, Olive Garden, Walmart Supercenter, Burlington, Aldi, Panera Bread, Ocho Café, and many more.
The 10-mile radius of the property is home to nearly 140,000 residents with an average household income surpassing $130,200. Approximately 40% of the residents have attained a bachelor's degree or higher level of education, indicating an educated and affluent demographic. The Boston market continues to attract top-tier talent, particularly in the fields of science, technology, and healthcare. The market’s economy is anchored by world-class education and healthcare institutions, as showcased by the Longwood Medical Area, which is undergoing a significant transformation for its 2031 opening.
Inquire today for more information about this one-of-a-kind, expansive redevelopment opportunity in a market with higher barriers to entry and an affluent population.
VISITES 3D MATTERPORT
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NOTICE D’OFFRE Cliquez ici pour accéder à
SALLE DE DONNÉES Cliquez ici pour accéder à
- Offering Memorandum
- Purchase Agreement
- Third Party Reports
- Survey
- Miscellaneous
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Taille du lot | 131,45 AC |
| Condition de vente | Vente à l’encan | Taille du bâtiment | 122 620 pi² |
| Types de propriétaire | Pleine propriété | Nombre d’étages | 3 |
| Type de propriété | Spécialité | Année de construction | 1953 |
| Sous-type de propriété | École | Numéros de lot |
|
| Classe d’immeuble | C | ||
| Zonage | R80 - Religious Facility | ||
| Type de vente | Investissement |
| Condition de vente | Vente à l’encan |
| Types de propriétaire | Pleine propriété |
| Type de propriété | Spécialité |
| Sous-type de propriété | École |
| Classe d’immeuble | C |
| Taille du lot | 131,45 AC |
| Taille du bâtiment | 122 620 pi² |
| Nombre d’étages | 3 |
| Année de construction | 1953 |
| Zonage | R80 - Religious Facility |
| Numéros de lot |
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CONSEILLER(ÈRE) EN VENTE
CONSEILLER(ÈRE) EN VENTE
James McEvoy, Senior Vice President
Jim s'est joint au groupe Conrad en 1996 après une carrière fructueuse au sein de Simplex Time Recorder Company. Jim est titulaire d'un baccalauréat en économie de l'Université du Massachusetts à Amherst et d'une maîtrise en administration des affaires en finance du Boston College. Il se spécialise dans la vente et la location de propriétés industrielles, de bureaux et de R-D. Au cours de sa carrière au sein du groupe Conrad, Jim a représenté de nombreux propriétaires et locataires, dont American Brands, J.Jill Group, Tedeschi Food Shops, Illinois Tool Worts/TACC, JL Hammett, Shimadzu Scientific Instruments, Mail-Well et ADP. Jim est marié et père de 4 enfants. Jim est un fervent partisan du Boston College Hockey et aime le golf, la lecture, les vacances à Cape Cod et l'entraînement des équipes sportives de ses enfants.
À PROPOS DE LA TECHNOLOGIE DES ENCHÈRES
Les enchères de Ten-X représentent la technologie de transaction numéro 1 pour les transactions immobilières commerciales en ligne. Avec plus de 34 milliards de dollars en transactions totales, ces enchères utilisent une technologie de pointe et des données en temps réel sur les actifs afin de maximiser les chances de trouver l’acheteur idéal. Avec un processus d’enchères très rapide, une due diligence complète et la vérification des acheteurs, les transactions sont conclues deux fois plus vite et avec deux fois plus de fiabilité pour les courtiers, les propriétaires et les investisseurs.
En lire plus
CONTACT POUR LA VENTE À L’ENCAN
Taylor Cunningham
Contact
Permis de l’encanteur:
Ten-X, LLC Arlene Richardson RE Brkr 423761-RE-LC
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Frais de transaction 3%
Basés sur le montant de l’enchère gagnante
Frais de transaction minimaux
20 000 $ USD
Frais de transaction maximaux
300 000 $ USD
Exemple de calcul
Montant de la mise gagnante
5 000 000 $ USD
Frais de transaction
150 000 $ USD (3%)
Prix d’achat total
5 150 000 $ USD
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82-Acre/ +122K-SF Specialty Building | 399 Bishops Hwy
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82-Acre/ +122K-SF Specialty Building | 399 Bishops Hwy
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