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Real Estate Foreclosure Auction 20-72
64,252+/- SF Industrial Complex - 14.84+/- Acres
7 Oxford Homes Ln. & Rt. 26 , Oxford, Maine
Thursday, May 21, 2020 at 1PM
Please note: The current business is a tenant only and not included in the auction.
Real Estate: Consists of a 14.84+/- acre level parcel located next to Oxford Plains Speedway and is in the Mixed Use (MU) Zoning District. The parcel has 750+/- ft. on Rt. 26 (Main St.) and 1,210+/- ft. on Oxford Homes Lane. The parcel has subdivision potential and excellent exposure to heavily traveled Rt. 26. Reference Oxford Tax Map R10, Lot 56B.
Improving the site is a 64,252+/- SF light industrial complex comprised of (5) primary structures:
Main Building - 44,876+/-SF, Circa 1977-78 steel frame, free span with center line height at 18’ to 22’, slab foundation, vertical steel panels/small area vinyl clapboards for exterior siding, double hung vinyl clad windows, (13) overhead doors from 6’ to 14’ (2 load docks), steel and glass passage doors, gabled roof with steel sheeting, exposed steel framed interior with vinyl coated insulation. 160’x12’ canopy, office with reception area, (7) private offices, storage, break room, conference room, (2) half-bathrooms, sprinkled, mezzanine storage/office, electrical 3phase, 480.
Weld Shop - 5,000+/-SF, Freestanding steel frame, slab foundation, exterior is steel sheeting, gabled roof with steel sheeting, (2) 12’ overhead door and passage door, exposed steel framed interior with vinyl coated insulation, unheated however there is plumbing for heating system (propane), eave height is estimated at 16’, covered canopy, electrical 200 amp.
Warehouse (Building #10) - 10,000+/-SF, (2) Attached steel frames, slab foundation, exterior is steel sheeting, gabled roof with steel sheeting, steel passage doors and (3) overhead doors, 6,000+/-SF of clear span warehouse space, wall and ceiling are exposed steel framing with vinyl coated insulation bats, private office, half bathroom, separate shower, custodial closet, infra-red propane heat (ceiling mounted) and a wall mounted FHA/electric space heater, partial cold storage, (1) overhead door, electrical 200 amp.
Warehouse (Green Building) - 3,200+/-SF, Circa 2005, wood frame, slab foundation exterior is steel sheeting, gabled roof with sheet metal, (1) 14’ overhead door for access, interior is OSB walls that are insulated, ceiling is open trusses (not insulated), no plumbing, cold storage, electrical 200 amp.
Garage - 1,176+/-SF, Circa 2005, wood frame, slab and post foundation, (3) bays with 8’ overhead doors, exterior is T1-11, (4) overhead doors total, gabled roof covered with sheet metal. There is a single passage door to the storage section, interior is open stud walls between the bays, no electric or plumbing, cold storage.
Propane Tank Storage – 256+/-SF, Wood frame, on post, T1-11 exterior, steel passage doors, shed roof covered with asphalt.
Shed (Green) – 540+/-SF, Wood frame, on post, OSB exterior, wood passage doors, shed roof covered with asphalt.
Pump Shed – 250+/-SF, Wood post construction, open face wood shed, storage of above ground fuel tanks.
Inspection: Tuesday, May 5, 2020 from 10AM-12PM. Showings will be scheduled in 1-hour intervals. Contact Auctioneer's office to schedule an appointment time for showing. Proper distancing, group size, and health and safety precautions will be followed.
Directions: From the intersection of Rt. 26 and Rt. 11 in Poland, follow Rt. 26 north 6.4 miles to the property on the right.
Terms: A $20,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Company, Inc., increased to 10% of purchase price within 5 calendar days of the public sale, (deposited with the Auctioneer as a qualification to bid), 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 20-72. Richard J. Keenan #236. Our 48th Year and 8,220th Auction.
Property Information Package Coming Soon
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