TOWN ORDERED AUCTION OF FORMER ICONIC STERLING INN!

TOWN ORDERED AUCTION OF FORMER ICONIC STERLING INN! The displayed price is the deposit amount required to register. The actual purchase price will be determined by the highest bid at LIVE AUCTION ON DECEMBER 10, 2021 at 12:00 PM. Once the grande dame of Central Massachusetts inns and restaurants, the former Sterling Inn offers endless possibilities. It sits on ±1.6 acres and includes an additional ±3.7 acre site directly across the street. The building features architectural elements reminiscent of Tudor design with prominent wood beams, stucco exterior, columns and wraparound patio. A circular drive on one side and paved parking area on the other offers easy access. The iconic structure was built in 1908 and has fallen into disrepair but appears structurally sound. Renovation of this gem will allow for a variety of uses by right including restaurants, retail sales, business and professional offices, financial institution, motel, hotel or inn and many other uses by special permit, as it is located in the Town Center district. The nearly ±12,000 square foot, 2 story building is rich with history and boasts many of the original features including extensive millwork throughout, columns in the dining hall, multiple fireplaces, paneled walls, wide staircases, sets of double doors, brass light fixtures, iron and oak handrails and oversized windows. The inn and restaurant areas include a large dining room, 4 complimenting function/meeting rooms, 6 to 8 guest suites, innkeepers living quarters, 8 bathrooms, lounge and bar area, commercial kitchen with cooler and basement with workshop, wine cellar and mechanicals. Make your vision become reality by acquiring this offering and restoring it to its original grandeur so it will once again be a vibrant part of the community. Terms: Bidder registration begins on site at 240 Worcester Road, Sterling, MA at 10:30 AM. Open House for Registered Bidders Only, no exceptions. For this property a deposit of $20,000, in certified or bank cashier's check is required to register to bid. Additional deposit bringing the total deposit to 10% of purchase price due next business day. Closing in 30 days. Property sold as is. We make no representations, warranties, or guarantees as to the accuracy of the information provided. MA Lic. #104