225 DISCOVERY HILL ROAD Sandwich MA 02537

BIDDING EXTENDED TO NOVEMBER 20, 2024: John Ciluzzi's Premier Commercial has been exclusively retained to market and sell 225 and 190-R Discovery Hill Road, 130 and 116A Kiah’s Way, Sandwich, Cape Cod, Barnstable County, MA, USA. The properties consist of over 92 plus acres of land. 225 Discovery Hill Road is 47.54 acres, 190-R Discovery Hill Road is 38.8 acres, 130 Kiah’s Way is 6.03 Acres and 116-A Kiah’s Way is 2.18 Acres. John E. Ciluzzi, President, Premier Commercial, Post Office Box 731, Centerville, MA 02632. Email: [email protected] Office: 508-815-5701. All discussions and appointments are to be arranged through Mr. Ciluzzi’s office.

Premier has been retained by the Property Trustee and approved by the US Bankruptcy Court. The sale of of the Property by the Trustee is expressly subject to the provisions of the Bankruptcy Code including, but not limited to, notice to parties in interest and opportunity for higher and better counteroffers. Buyers are strongly encouraged to seek legal counsel opinion regarding the sale process.

Premier has been retained by the Property Trustee and approved by the US Bankruptcy Court. The sale of of the Property by the Trustee is expressly subject to the provisions of the Bankruptcy Code including, but not limited to, notice to parties in interest and opportunity for higher and better counteroffers. Buyers are strongly encouraged to seek legal counsel opinion regarding the sale process.

The property are currently raw and undeveloped. The property located at 225 Discovery Hill Road in Sandwich, Massachusetts and is identified as assessor parcel 28-37-0. Situated in the northern portion of the subject parcel is a Cape & Vineyard Electric Company right of way utility easement that runs east to west and measures approximately 6.90-acres. The property has overall generally level topography.

The properties enjoy their location close to all things "Cape Cod" including beaches, shopping, golf courses, public transportation, USPO, and much more. Its unique location is ideal to create a Cape Cod housing community that is also close to the Cape Cod Bridges for residents that commute to the Boston or Providence markets for work.

Housing Development Potential: Previous contemplated developments include a mixed use residential development of 272 units. The allocation of same was 176 single family, 96 multifamily housing units and accessory uses with twenty-five percent (25%) or 68 of the 272 total housing units designated as affordable. Solar Development Site Potential: Previous contemplated developments also include a Solar development on approximately 12 plus acres of the land, leaving 34 acres available for residential development.

Housing Crisis on Cape Cod: There has never been a better time to invest in residential housing including affordable, workforce housing and market rate. The demand is strong and supply is weak.

Premier Commercial is running a Sales Process for the sale of this property. The firm, will be scheduling site visits during the months of May and June 2024. This is a solicitation for Offers immediately. The Seller reserves the right to withdraw from negotiations or market at any time. The Seller can also accept or reject any offer at any time during the Sales Process. Time is of the essence. Buyers to verify all information and should seek legal guidance for this sale.