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  5. ›2027-010 Disposition of 73 Stuart Street

Massachusetts City of Gardner·Massachusetts

2027-010 Disposition of 73 Stuart Street

Closes 10/14/2026$80k – $200kRequest for Proposal
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Description

The City of Gardner is selling a vacant 0.39‑acre parcel at 73 Stuart Street. Interested parties must submit sealed proposals, including a 10 % security deposit, by the deadline. The City seeks proposals that add value to the neighborhood, with a preference for owner‑occupied housing. The buyer assumes all title, tax, environmental, and recording responsibilities. • Minimum bid price: $77,400 (any lower bid is non‑responsive). • Security deposit: 10 % of the proposed price, submitted in a separate sealed envelope. • Deadline: 1 PM, October 14 2026; proposals opened the same time at the Purchasing Agent’s office. • Evaluation will consider organization status, site‑improvement plans, and community benefit.

Attached files

Contact

Joshua Cormier(Director of Purchasing)

[email protected]

(978) 632-0426

Key dates

Opened
9/9/2026
Closes
10/14/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531390
Solicitation №
BD-27-1441-COG01-COG01-133257

Budget estimate

$80,000 – $200,000

The contract is a land purchase, so the “earnings” for the successful bidder are essentially the value of the acquired property. With a minimum price of $77,400 and typical development upside in Gardner, a developer could expect a resale or development value ranging roughly from $100,000 to $200,000, depending on project scope, market conditions, and any required remediation or improvements.

AI estimate from the solicitation

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