Former Moderne Studios Building Sold at Auction
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NORTH ADAMS, Mass. — The former Moderne Studios building at 19 Eagle Street that has been vacant for several years sold at auction for $100,000 on Tuesday.
$100,000 was the lone bid for the property, despite several interested parties showing up for the auction. Prior to the bidding, potential bidders were given a tour of the three-floor, 5300-square-foot building.
Skip Barry of The Barry Group Real Estate, who placed the winning bid, said he is unsure what he plans to do with the property but spoke highly of the building itself and its location on Eagle Street.
"I think it's a fabulous location and a fabulous building," he said, noting that he owns other properties in the downtown area."
Barry said he has no connections to any businesses or owners previously involved with the property.
Irving Shechtman & Co., Inc. ran the auction.
The building has been vacant for several years, with visible damage to the building's outside brickwork and woodwork.
The property received new electrical work in 2003 before its purchase by the previous owner in 2005. In 2008, an excavation of the basement took place, in addition to the construction of a rear egress from the second floor. In 2009, the previous owner added beams and structural steel.
The building can house one commercial space on the first floor and four residential units on the second and third floors.
Tags: auction, Eagle Street,
