Milton Town Civicplus #35

Town of Milton Solicits Proposals for Purchase or Lease of East Milton Fire Station Property

This opportunity involves the Town of Milton seeking proposals for the purchase or long-term lease of the East Milton Fire Station property. - Government Buyer: - Town of Milton (local government) - Property Details: - 525 Adams Street, Milton, MA - 7,020 square foot lot - 1,900 square foot fire station structure (built in 1952) - Property currently in use by the Milton Fire Department until relocation - Transaction Options: - Proposals accepted for either purchase or lease - Lease terms may range from 5 to 99 years - Lease extensions must be included in the original agreement - Notable Requirements: - Sale or lease subject to approval by Milton Town Meeting - Property conveyed in 'as is, where is' condition - No specific OEMs or vendors involved (real estate transaction) - Unique Aspects: - Flexibility in transaction structure (purchase or lease) - Long-term lease options up to 99 years - Municipal approval required for final agreement

Description

The Town of Milton is requesting proposals to purchase or lease the Town-owned property at 525 Adams Street, which includes a 7,020 square foot lot with a 1,900 square foot Fire Station structure built in 1952. The property is currently in active use by the Milton Fire Department until a new fire station is completed in Fall/Winter 2026. Proposers may submit offers to purchase or lease the property, with lease terms ranging from five to ninety-nine years. Any sale or lease agreement is subject to approval by Milton Town Meeting. The property will be sold or leased "as is, where is."

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