The subject property (vacant school) contains 47,625 +/- sq ft of land area improved by a Vacant School, Building Area 32,446 +/- sq ft.  The subject property is located in the Traditional Neighborhood Two Family Zone (TTF) and, as further described in the Request for Proposals (RFP) packet available from:

Office of the City Manager
Department of Planning and Development
J.F.K. Civic Center
Attention: Patricia Lucken, Asset Manager
50 Arcand Drive
Lowell, MA  01852
(978) 446-7200

All Proposals require a deposit in the form of a Treasurers Check or Certified Bank Check, made payable to the City of Lowell, in an amount equal to Ten Percent (10%) of the proposed purchase price. 

The successful proposer may be required to provide a performance bond or other security, satisfactory to the City to insure the completion of the proposal.  All proposals must be sealed and submitted to the address above no later than 1:00 P.M. (local time), Wednesday, May 4, 2011 at which time the proposals will be publicly opened.  All Proposals must be complete and in compliance with the submission requirements outlined in this Request for Proposals (RFP).  The City of Lowell reserves the right of design review and project approval. All sales are subject to a vote of the Lowell City Council.

The City of Lowell reserves the right to reject any and all Proposals.  The City of Lowell has established a minimum sale price of Four Hundred and Ninety Two Thousand Dollars ($492,000).   The property can be viewed at 9:00 a.m. on the following dates:  March 22, March 29, April 5, April 12, April 19, and April 26, 2011.