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June 25, 2013

Windham puts small parcel up for sale

WINDHAM — Town officials are trying to sell a small parcel of land at the intersection of Route 111 and London Bridge Road.

Voters authorized the sale at Town Meeting, 2,507-862.

The zoning is for neighborhood business, but the parcel’s size — less than 1 acre — limits what might happen.

But an adjacent property, on the market, could make the land more appealing.

“On its own, the property is not developable,” community development director Laura Scott said. “However, combined with the property next to it, which is for sale and zoned neighborhood business district, it is quite attractive,”

Selectmen voted unanimously to move ahead with the sale last week.

Town Administrator David Sullivan told selectmen the town would see at least $20,000 from the sale.

That’s the minimum bid required.

But the warrant article approved by voters also requires a property appraisal.

If the appraisal exceeds $20,000, then the property would be sold at the higher appraised figure.

Sullivan told selectmen two parties inquired about the property before Town Meeting, but haven’t followed up.

“That parcel is useless on its own,” Selectmen’s Chairman Phil LoChiatto said.

He speculated a purchaser also would have their eye on the adjacent, privately owned land.

But LoChiatto agreed with pursuing a sale.

“I say let’s put it out there and see if there are any interested parties,” he said. “It can’t hurt.”

Sullivan told selectmen as a courtesy the town would notify those parties that previously expressed interest.

The process is expected to take at least a month.

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