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Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

Development Opportunity - 34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings Auction Photo

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Auction 18-156

Real Estate Auction 18-156
Development Opportunity
34.58+/- Acres - 86,595+/-SF (3) Mixed-Use Buildings
Former Mardenís Retail Facility
College Ave., Waterville, ME
Wednesday, October 10, 2018 at 11AM
(Real Estate Only - Tenants are Open for Business)


Real Estate: Consists of 34.58+/- acres comprised of several contiguous parcels and 4 smaller non-contiguous parcels. The site is located on heavily traveled College Ave. and is 1.5 miles to both I95 and the Downtown district. The main site at 174-192 & 198 College Ave. is improved with (3) buildings containing a total of 86,595+/- SF GBA. The main building (66,444+/-SF on 2 levels) is the former location of the Mardenís retail store and has multiple or single-use tenant space. A smaller portion of the space is presently rented to a fitness tenant. The wood frame building has vinyl siding, shed style standing seam metal roof and a sprinkler system. The second building contains 11,670+/-SF on 1 level, is brick and masonry constructed, has a tar and gravel roof, and is currently rented to an auto repair shop. The 3rd building contains 8,481+/-SF, is brick and masonry constructed, has a tar and gravel roof, and is currently rented to a paving company. Public water & sewer, CC (commercial), IND (General Industrial) and RB (medium density residential) zones. Reference Parcel list below. To be sold as an entirety.

Preview: Monday, September 24, 2018 from 10AM-12PM



Directions: Heading north on I95, take Exit 130, right onto Main St., left at light onto Armory Rd., follow (turns into Hazlewood Ave.) .8 miles left onto College Ave. (Rt. 201), follow .4 miles to the main 174-192 College Ave. on the left.

Parcel List - All lots to be sold together as an entirety
Location Tax Map/Lot

174-192 College Ave. 68/95
198 College Ave. 68/97
College Ave. 68/96
195 College Ave. 63/169
197 College Ave. 68/121
Eastern Ave. 63/170
Central Ave. 68/88
Central Ave. 68/89
Central Ave. 68/90
Libby Ave. 68/91
Libby Ave. 68/93
Reservoir St. 68/92
Central Ave. 68/39
Central Ave. 68/41
Central Ave. 68/42
Central Ave. 68/52
Central Ave. 68/53
Central Ave. 68/56
Reservoir St. 68/40
Reservoir St. 68/45
Reservoir St. 68/46
Reservoir St. 68/47
Reservoir St. 68/48
Reservoir St. 68/49
Reservoir St. 68/98
Jordan St. 68/54
Jordan St. 68/55
Austin St. 68/43
Austin St. 68/44
Austin St. 68/51
Libby Ave. 68/58
Highwood St. 63/131
Broadway St. 68/59
Greenwood St. 68/74
Drummond Ave. 68/50
Drummond Ave. 68/66

Terms: A $20,000 deposit to bid in CASH or CERTIFIED U.S. FUNDS, payable to the Keenan Auction Co., Inc., deposit to be increased to 10% of the bid price within 5 calendar days of the public sale, 30 day closing. A 10% Buyerís Premium. 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 #18-156. Richard J. Keenan #236. Our 46th Year and 7,830th Auction.

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