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Auction 09-150

ABSOLUTE
Real Estate Auction 09-150
7,188+/- SF Business/Office Building - 4.78+/-Acres
Re: “Rose Stone” - 342 U.S. Route One,
Falmouth, Maine
Thursday, August 20, 2009 at 11AM


Auctioneer's Note: The Keenan Auction Company and Cardente Real Estate are pleased to offer at absolute auction the Rose Stone property located at 342 U.S. Route One, in Falmouth, Maine. Rose Stone is currently set up as a business/office and was formerly the notable mansion and doll showroom of Freda Ellis. This is an ideal location for professional office users looking for an elegant and sophisticated property with lots of character and history.
Keenan/Cardente invite you to take part in this opportunity to purchase prime Route One Falmouth real estate at auction prices.

Real Estate: 4.78+/- acre parcel - immediate access to the Maine Turnpike & I-295 – Rose Stone offers 7,188+/-SF of rental area that includes 2,256+/-SF of 1st floor office/showroom (including a 2 car garage), 2,258+/-SF of 2nd floor office, and 2,674+/-SF of office/flex space - (4) bathrooms - Rt. 1 signage. The property is located in the Business District zone. Reference the Town of Falmouth Tax Map U53, Lot 2.

Preview: Thursday, August 6, 2009 from 1-3PM

Directions: From I-295 north in Falmouth, take Bucknam Rd. exit, left onto Bucknam Rd. follow to Rt.1, left onto Rt. 1 north, follow .5 miles to property driveway on left. Follow driveway across small bridge to property at end of drive.

Terms: A $25,000 deposit to bid in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., increased to 10% of the purchase price within 5 days of the sale, 45 day closing. A 10% Buyer’s Premium. All other terms will be announced at the public sale. For a Property Information Package containing legal and bidding documents, visit KeenanAuction.com or call Auctioneer’s office at (207) 885-5100 and request auction number 09-150. Richard Keenan #236. Our 37th year and 5,305th Auction.

Sale in conjunction with: Cardente Real Estate

Broker Participation Program Available

Property Details

Map & Lot: Map U53 Lot 2
Book & Page: Book 22855 Page 240
Property Address: 342 U.S. Route One, Falmouth
Building Size: 8,066+/-SF with 7,188+/-SF calculated as rentable square footage
Acreage: 4.789+/- acres
Year of Construction: 1970
Construction: Wood Frame with Brick/Stone Facade
Electric: 220 volts
HVAC: Forced Hot Water, A/C Window Units
Bathroom(s): 4 (One with Shower)
Water Sewer: Public Water and Septic
Sprinklers: No

Layout & Details:

1st Floor: 4 entrances on Main Level, Double Sided Fireplace, Sliders to Backyard and deck, Wood/
Tile/Carpet Floors, Cable & Networking Throughout, 3 Offices, 3 Bathrooms (1 Full), Conference Room,
Large Room with Wood Paneling and Detailed Metal Railing, Small Glass Atrium that opens to fenced
in lawn, Full Kitchen w/ Stove, Hood, Refrigerator, Dishwasher, Separate Washer/Dryer Room, Built in
Cabinets, Brick Walls.

2nd Floor: Open Balcony w/ Spiral Staircase and detailed metal railings, Former Apartment w/ Kitchen
& Full Bath, Executive Office w/ Open Beams, Large Cubicle Office w/ Built in Storage, Sink Room,
Energy Lighting Throughout.

Basement: 10’+ Ceiling Height, Wide Open Design, Server Room, 2 Storage Rooms, Furnace Room,
Tile/Concrete Floors, Loading Entrance, 16x10 Theatre Room, Florescent Lighting.

Garage: Heated 2 car w/ Carpeted Storage Area.

Signage: Prominent Signage on Route One (2 Freestanding Signs)
Area Businesses: Shaws, Maine Home & Hearth, Wal-Mart, Starbucks, & many more
Location: Right off of the Maine Turnpike & I-295 on Route One
Parking: Onsite
Zoning: Business District
Traffic Counts: US 1 N/O Bucknam Road: 12,960 AADT07


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