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Auction 17-43

Real Estate Foreclosure Auction 17-43
Prime Development Property
55,899+/-SF Building - 8.29+/- Acres
RE: Former Biddeford Shaw's Supermarket
510 Alfred St., Just Off Exit #32, Biddeford, Maine
Auction Date: Friday, March 24, 2017 at 11AM On Premises

Real Estate: Consists of an 8.29+/- acre parcel with signalized access to heavily travelled Rt. 111 (Alfred St.). The site is located just off the Biddeford Exit #32 off from the Maine Turnpike (I-95) and is only 600 from the exit ramp to the property entrance. The Shops at Biddeford Crossing are located only .5 miles away, and Southern Maine Medical Center, which is one of Southern Maine's largest employers, is located across the street.

Improving the site is a 55,899+/-SF single story, steel and masonry constructed building with a flat asphalt covered roof. Built in 1997 as a supermarket, the majority of the forward space is designed for retail and has standard storefront aluminum framed windows and automatic double door entry and exit systems. The rear section has 2 large coolers and a warehouse storage space that is accessed by (5) dock height doors (3-docks w/load levelers, and 2-platforms). There is also a 3,500+/-SF mezzanine office area that is serviced by a 2,100 lb. passenger elevator.

Other features include natural gas HVAC including forced hot air and roof top A/C units, public water and sewer, wet fire sprinkler system, 1,600 amp, 3-phase, 277/480v electric, clear height of 24 and 2x4 acoustical tile ceilings, fluorescent and incandescent lighting, and ceramic tile flooring. There are 328+/- paved parking spaces w/pole mounted lights, and monument sign placement facing signal light. The property is in the I-3 (Commercial Industrial) zone. Reference the City of Biddeford Tax Map 2, Lot 55.

Previews: Friday, March 10th from 10AM-12PM & Day of Sale 10-11AM

Broker Participation Program Available - Contact Auctioneer for Details and Qualifications

Terms: A $50,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Company, Inc. (deposited with the Auctioneer as a qualification to bid), increased to 10% of the purchase price within 5 calendar days of the public sale in cash or bank check with balance due and payable within 45 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. Conveyance of the property will be by release deed. All other terms will be announced at the public sale. For additional terms and a Property Information Package visit or call (207) 885-5100 and request Auction 17-43. Richard J. Keenan #236. Our 45th Year & 7,538th Auction.

Available Documents:
- Property Information Package ("PIP")
- Biddeford Table of Land Uses
- Specimen Title Policy
- (3) Survey Plans
- Property Overview

Plan Files: CLICK HERE.

Click on the Property Information Button Below

Get the Property Information Packet

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