The Zyla family has retained Paul McInnis, Inc. to sell at auction their real estate holdings on Daniel Webster Highway in Merrimack, NH. This property was the well known, long time location of their familyrun discount retail and auction center founded by the late auctioneer and salesman John T. Zyla. The property totals 12.5± acres bound by two State roads, Daniel Webster Highway and the Everett Turnpike and a local town road, Williams Street. This is an important development opportunity for a user or tenants looking for prime location, visibility and access to major highways and population base. The real estate, consisting of three separate tax parcels, will be offered individually and in combination.
Parcel (A) The Retail Center – 526 Daniel Webster Highway: The retail and auction center is a 65,354± SF warehouse operation that has been constructed in various stages over the past 40 years. This parcel totals 8.53± acres with 384± feet of frontage with two curb cuts and 183.19± feet of highway frontage on the Everett Turnpike.
Parcel (B) The Office & Garages – 534 Daniel Webster Highway: This corner parcel is made up of a 11,199± SF office building on a 1.30± acre lot. There are multiple office tenants in this building under Tenant at Will leases. The garages in the rear total approximately 31,200± SF of garage and flex space. This parcel has 1 curb cut and estimated 205± feet of frontage.
Parcel (C) Vacant Land Tract – 6 William Street: This parcel totals 2.878± acres and is located at the end of the cul-de-sac known as Williams Street. This parcel has 58± feet of frontage along Route 3 and allows for commercial development.
Terms: $50,000. Deposit for Parcel (A) and $10,000. Deposit for each on Parcel (B) and (C) by certified check or bank check at time and place of sale is required to bid (unsuccessful bidders' deposits to be returned immediately following the sale). Balance due at closing within 45 days. 7% Buyer's Premium. Sale per order of and subject to owner confirmation.
Property Preview Date: Wednesday, October 12th from 11:00 a.m. to 2:00 p.m.
Directions: Property located directly on Daniel Webster Highway, 0.4 miles north of Exit 11 off the Everett Turnpike.
DISCLAIMER: No warranty or representation, express or implied, is made by our client, their legal counsel, Paul McInnis, Inc. or any person providing this information to these parties concerning the completeness or accuracy of the information. Each person who accepts these materials assumes full responsibility for investigating, evaluating, and making all other appropriate inquiries regarding this property. By accepting this information, each person releases our client, their legal counsel and Paul McInnis, Inc. from any responsibility or liability arising from this information concerning the property.