NO LISTING PRICE. SEE DESCRIPTION BELOW. The above stated price is the TAX ASSESSED VALUE and a place holder only. The foreclosing lender has the right to bid at the auction. - Real Estate Foreclosure Auction 25-1 - Commercial/Retail Building - 3+/- Acres - 276 Moosehead Trail, Routes 7 & 11, Newport, Maine - Thursday, January 16, 2025 at 11AM - Real Estate Summary: Consists of a 3+/- acre parcel with 456+/- ft. of road frontage and located in the Commercial zoning district. The site is conveniently located only 1.4 miles from I95 and 28 miles from the Bangor International Airport (BGR). The property is improved with a circa 2006 commercial building designed with showroom and garage spaces. The structure is 960+/- SF and is divided into 2-sections. The right hand side with the main entrance has a small showroom, office and a restroom. The left hand side is a garage and small work area with a 10' overhead door. Other amenities include 33+/- paved parking spots and gated entry. Property Summary REAL ESTATE PARCEL • TAX MAP 4, Lot 29A • SIZE - 3+/- ACRES • FRONTAGE - 456+/- FT. ON ROUTES 7 & 11 • ENTRANCE - GATED • FENCING - CHAINLINK ALONG ROAD • VISIBILITY - GOOD • ZONING - COMMERCIAL AMENITIES • GROSS BUILDING AREA - 960+/- SF • STORIES - 1 • FOUNDATION - CONCRETE SLAB • ROOF - METAL • SIDING - METAL • STRUCTURAL FRAME - WOOD • CEILING HEIGHT - 12' • BATHROOMS - 1, 2-PIECE • HEATING - ON DEMAND, PROPANE, RADIANT FLOOR • ELECTRICAL - 200 AMP MAIN ENTRANCE, (1) METER • PARKING - (33+/-) SPACES, PAVED • SIGNAGE - MONUMENT & BUILDING • STORAGE - FREE STANDING 40' METAL STORAGE CONTAINER (320+/-SF) Preview: Monday, January 6, 2025 from 10-11AM Buyer's Broker Participation Program Available. Contact Auctioneer's Office for Qualifications. Directions: From the intersection of Rt. 2 and Rt. 7, follow Rt. 7 1.1 miles to the property on the left. Terms: A $20,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., Inc. (deposited with the Auctioneer on day of sale as a qualification to bid), deposit to be increased to 10% of the final purchase price within 5 calendar days of the sale, with balance due and payable within 30 days from date of auction. All other terms will be announced at the public sale. For a Property Information Package contact the auctioneers office and request by auction #25-1. Our 53rd Year and 8,717th Auction.
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