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Real Estate Foreclosure Auction 18-67
7,200+/-SF Multi-Use Building
Waterfront – Market – Office – 4BR Apt
242 Waldoboro Rd., Rt. 32, Jefferson, Maine
Thursday, May 3, 2018 at 11AM
Real Estate: Consists of a .33+/- acre parcel with 210+/- ft. of road frontage and 300+/- ft. on Davis Stream, which provides direct access to Damariscotta Lake. Improving the site is a 7,200+/-SF wood-frame, 2-story building. The first floor has a 3,000+/-SF retail area with kitchen/food prep space, (2) walk-in coolers (5 door and 9 door), half bath and storage. In addition, there is a 600+/-SF office with separate access, and exposure to the street. The second floor contains a 2,235+/-SF, 4-bedroom apartment and 1,365+/-SF of storage space. The concrete foundation is approximately 2/3 full and 1/3 crawl. There is a rear storage barn near the water. The parking can accommodate 15+/- spaces with additional parking in the rear for the apartment. Reference Jefferson Tax Map 42, Lot 47. The real estate and the equipment will be sold together as an entirety.
Preview: Wednesday, April 18, 2018 from 3-4PM
Directions: Heading north on Rt. 1 in Waldoboro, left onto Rt. 32, follow 8.3 miles to property on the right.
Terms: A $10,000 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 as a qualification to bid), increased to 10% of the bid price within 5 calendar days of the public sale, with balance due and payable within 30 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 18-67. Richard J. Keenan #236. Our 46th Year and 7,787th Auction.
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