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Real Estate Foreclosure Auction 19-60
5,000+/-SF Commercial Building - Tin Ceilings - Brick Walls
RE: Connie’s Place Restaurant
136 Congress St., Rumford, Maine
Wed., April 24, 2019 at 11AM
Real Estate Selling on Premises.
Restaurant Equipment Selling Separate from Real Estate in a Public Timed Online Auction: Bidding Begins April 7 at 9AM EST and Bidding Ends April 25 at 1PM EST
Vintage Refrigerated Merchandiser, Dining Room Furniture, Soda Fountain Stools, Hood & Ansul System, Stainless Sinks/Tables, Bar
To View The Personal Property Online Auction Website
Real Estate: Consists of a .06+/- acre downtown parcel. Improving the site is a circa 1925 2-story brick building separated by a common wall on the southern side. The first floor contains 2,500+/-SF and was recently utilized as a restaurant. It is improved with a hostess station in entry lobby, large open dining room and bar, a back kitchen and prep room, men and ladies rooms, office, hardwood floors, tin ceilings, and exposed brick walls. The second floor is improved with 2,500+/-SF of redevelopment space and was formerly used as office and residential space. The full basement houses mechanical and storage space. Ref Tax Map 117, Lot 289.
Note: The building is a contributing structure in the Rumford Commercial Historic District (MHPC Building #377-0112) and as a result would be eligible for state and federal historic preservation tax credits. The building is also within a federally designated Economic Opportunity Zone which provides additional federal tax incentives for investors with capital gains tax liabilities. For more information on any of these incentives as applied to buildings in Rumford, please contact George O’Keefe, Jr., Economic Development Director, Town of Rumford at (207) 441-4843 or email: email@example.com.
Real Estate & Equipment Previews: April 12th from 1-2PM and April 24th from 10-11AM
Directions: From the Urquhart St. rotary, cross the Portland St. Bridge to Congress St. turn right and follow to the property on the left.
Terms: A $5,000 deposit to bid for the real estate (nonrefundable as to highest bidder and deposited with Auctioneer) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., Inc., 30 day closing. The real estate will be sold subject to all outstanding municipal assessments. Conveyance of the real estate will be by release deed. All other terms will be announced at the public sale. For a real estate Property Information Package and complete Equipment Bidding terms visit KeenanAuction.com or call (207) 885-5100 and request by auction number 19-60. Richard J. Keenan #236. Our 47th Year and 7,992nd Auction.
Property Information Package Available
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