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Real Estate Foreclosure Auction 21-11
28,862+/-SF Mixed-Use Commercial/Retail Building
333-339 Water St., Augusta, Maine
Wednesday, March 3, 2021 at 11AM CANCELLED
Real Estate: Consists of a .14+/- acre downtown parcel located near municipal parking. The site is improved with a 28,862+/-SF, four-story, mixed-use commercial/retail, masonry building, formally the Augusta Masonic Hall. The building enjoys views of the Kennebec River and the Memorial Bridge. The first floor street level has been converted into two retail areas. The spaces are currently being used as a market and nail salon. The upper levels are in varying stages of completion and possibly could be used as residential use or office space. There are areas on the upper levels that contain a former dance studio, gymnasium, former racquetball/squash courts and a sauna. Kennebec Business District 1 (KBD1) Zone. Reference Tax Map 33, Lot 282.
Inspection: The inspection that was scheduled to take place on January 22nd from 8-9:30 has been postponed until further notice. For updates, please contact auctioneers office to be placed on email list. Reference Auction 21-11 Augusta. Info@keenanauction.com or 207-885-5100.
Directions: From the Memorial Circle at the State Capital, follow Water Street .4 miles to the property on the right.
Terms: A $20,000 deposit to bid 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 of the public sale, with balance due and payable within 28 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. 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 21-11. Richard J. Keenan #236. Our 49th Year and 8,312th Auction.
Property Information Package Available
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