Property Sale & Development - 6 Gladstone Street / CM

This solicitation concerns the sale of a vacant 5,057‑sq‑ft parcel at 6 Gladstone Street, Worcester, MA. The City of Worcester seeks a single “Preferred Purchaser” who will acquire the property, secure all permits, conduct due‑diligence, finance, design, construct, and manage the redevelopment of the site for a taxable use under the ML‑2 zoning district. The minimum bid price is $50,000, and the winning bidder must provide a 5 % bid security, execute a Terms of Conveyance agreement within 45 days of award, and close within 30 days of receiving a building permit. No financial assistance or warranties are offered by the City, and the buyer assumes all costs related to title, surveys, environmental studies, and closing. The contract is awarded to 525 Southbridge LLC for $50,000. • Property sale (as‑is) with no City warranties • Buyer responsible for all permitting, financing, and redevelopment activities • Minimum bid $50,000 with 5 % bid security; award made to 525 Southbridge LLC.