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Real Estate Foreclosure Auction 20-104
7,687+/-SF Mixed - Use Brick Building - Water Views - .10+/- Acres
73-75 Water St., Eastport, Maine
Tuesday, July 14, 2020 at 11AM on Premises
Real Estate: Consists of a .1+/- acre parcel with 84.5+/- ft. on Water St. The property is improved with a circa 1900 Mixed-Use building (7,687+/-SF) most recently used as a bakery in 75 Water St. and a gift shop in 73 Water St. 75 Water St. has a GBA of 4,257+/- SF. and has been remodeled with new flooring, lights, tin ceilings and bathrooms on the first floor. The second, third and ground floors have been gutted and ready for remodeling. 73 Water St. has a GBA of 3,430+/- SF. has been remodeled with tongue and groove pine, brick work and lighting on the first floor. The second and third floors contain a remodeled apartment. The apartment is improved with a large kitchen with granite counter tops, large living room, bedroom, 2-baths and a large loft area. The ground floor has a bar area and is ready for remodeling. The property has had extensive exterior roof and window work and has great curb appeal. There is an open patio area to the left of the property that is also buildable and is adjacent to the town park area. Reference Tax Map I7 - 0C5 - 8 and 12.
Inspection (NEW DATE): Tuesday, July 7, 2020 from 3-4PM. Proper distancing, group size, and health and safety precautions will be followed.
Directions: From the intersection of Rt. 1 and Rt. 190, Follow Rt. 190 for 6.5 miles to Washington St. on the left, follow to Water St. to the property straight ahead.
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 purchase price within 5 business days, 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 including additional terms visit KeenanAuction.com or call (207) 885-5100 and request by auction #20-104. Richard J. Keenan #236. Our 48th Year and 8,240th Auction.
Property Information Package Available
Eastport Zoning Ordinance Available
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