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Tel: (207) 885-5100
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Auction 09-171

Real Estate Foreclosure Auction 09-171
60,000+/- SF Development Property ~ 5.2+/- Acres
Former Viking Nursing Care Facility
126 Scott Dyer Rd.
Cape Elizabeth, Maine
Wednesday, September 23, 2009 at 11AM


Real Estate: 5.2+/- acre parcel with 395.03+/- of frontage on Scott Dyer Rd. The parcel is improved with a 60,000+/- sf complex formerly operated as the Viking Nursing Care Facility. Site plan approvals exist to redevelop the facility as a 95-unit care facility with 40 independent living apartments and 55 assisted living units. The newer section built in 1994 contains 38,000+/- sf on 2 levels presently configured with 60 units, dining room, (2) elevators, lounge area, laundry, and community room. The older section was built in 1979 and contains 21,500+/- sf on one level presently configured with 32 units, fully equipped commercial kitchen, laundry room, nursing and admin offices, main lobby, mechanical and storage rooms. Other features include (2) landscaped center courtyards, 22,650+/- sf of paved parking, sprinkler and alarm systems. The real estate and equipment will be sold together. Property is currently vacant. Reference the Town of Cape Elizabeth Tax Map U45, Lot 4.

Preview: Wednesday, September 9, 2009 from 10AM-12PM

Directions: From Portland, follow Rt. 77 to Cape Elizabeth village, right onto Scott Dyer Rd. to property on the left.


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Development Plans

Terms: A $50,000 deposit (nonrefundable as to the highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Company (deposited with the Auctioneer as a qualification to bid), increased to 10% of the purchase price within 5 days of the sale, with balance due and payable within 45 days from date of auction. For an illustrated brochure or real estate Property Information Package containing legal and bidding documents, visit www.KeenanAuction.com or contact Auctioneer's office at (207) 885-5100 and request by Auction Number 09-171. Richard Keenan #236. Our 37th Year and 5,309th Auction.

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