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Real Estate Foreclosure Auction 13-97
Restaurant w/ (2) Apartments
Gateway to Baxter State Park
Re: The Aerie Restaurant
2074 Medway Rd., Rt. 11, Medway, Maine
Tuesday, May 7, 2013 at 11AM POSTPONED
Real Estate: Consists of a .87+/- acre parcel with 214+/- ff along Rt. 11 and is located just off exit 244 of I-95. Improving the site is a 2-story wood framed building used as a full service restaurant on the first floor and (2) 1-bedroom apartments (600+/- SF each) on the second floor. The restaurant is 2,855+/- SF and and is designed with a commercial kitchen, 2-dining rooms, ice cream service area, and walkin coolers. The restaurant is licensed for 32 seats with the possibility for 88. The restaurant equipment will be sold together with the real estate as entirety. Reference Medway Tax Map 16, Lot 23.
Preview: Tuesday, April 23, 2013 from 9:30-10:30AM
Directions: From I-95 N take exit 244 toward Medway/Millinocket. Turn right onto Medway Rd. Property will be on left in approx. 1.1 miles.
Terms: A $17,500 deposit (nonrefundable as to 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), 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 a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request by auction number 13-97. Richard J. Keenan #236. Our 41st Year and 6,286th Auction.
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