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Keenan Auction Company

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Keenan Auction Company Background

New England Real Estate Auctions, Equipment Auctions
MEMBER OF:
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National Auctioneers Foundation
Maine Auctioneers Association

ACCREDITATIONS:
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GPPA - Graduate Personal Property Appraiser

Upcoming Real Estate Auctions
> To speak with an auction representative call 207-885-5100 or email to info@keenanauction.com
Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Com'l Bldg, 3BR Ranch, 2.89+/- Ac, Dock, Float,  1,000’+/- Rd Frtg Auction Photo

Real Estate Foreclosure Auction 21-74
Commercial Building, 3BR Ranch, 2.89+/- Acres, Dock, Float,
1,000’+/- Road Frontage – 475’+/- on W. Branch Cousins River
1269 U.S. Highway Route 1
Yarmouth, Maine
Restaurant is a tenant only and is open for business - Not Being Sold in Auction

AUCTION CANCELLED

Auctioneer’s Note: The real estate offering consists of a high profile location with extensive frontage, access, and visibility along U.S. Highway Route 1. The iconic landmark can be seen from I-295 and the location has been home to a seafood business since the early 1940s. The site also enjoys frontage along the West Branch of the Cousins River which can be accessed by its own ramp and float. A restaurant occupies the commercial space and is open for business. The property will be sold subject to parties in possession. We invite you to join us on auction day to participate in this excellent real estate auction opportunity.


REAL ESTATE
Site
Lot Size: 2.89+/- Acres (developed area .79+/- acres)
Water Body: West Branch of Cousins River and marsh
Views: U.S. Route 1 and tidal marsh to rear
Shore Frontage: 475’+/-
Road Frontage: 1,000’+/- Highway U.S. Route 1
Access: (3) Curb cuts, two to restaurant, one to home
Parking: 32+/- Spaces
Topography: Slightly above grade with negative slope to the rear approaching marsh
Sewer: Public
Water: Public, one meter in residence servicing both buildings
Zoning: General Development District (GD) and Shoreland Overlay District
Flood Zone: Map #230055000 B dated November 15, 1984
Reference Yarmouth Tax Map 8, Lot 13
The Property will be sold subject to parties in possession.

Improvements

Commercial Building
Use: Dine-in and takeout seafood restaurant
Year Built: Circa 1930 with renovations over the years
Number of Stories: 1 with office in mezzanine
Gross Building Area: 2,443+/-SF
Covered Dining Area: 1,096+/-SF
Decks and Canopy Area: 589+/-SF
Layout: 3-Rooms including retail/cashier area, commercial kitchen, prep/takeout area and storage
Restrooms: 3
Foundation and Frame: Wood framed on poured concrete footers
Exterior Walls: Clapboard wood siding
Interior Partitions: Drywall/Plaster
Wall Height: 9’+/-
Floors: Wood, vinyl tile, and cement
Roof: Asphalt shingles
Windows/Doors: Two retail takeout windows, loading dock, interior wood doors
Heat: Oil-fired boiler

Residential Building
Use: Storage for seafood restaurant
Year Built: Circa 1960 with renovations over the years
Number of Stories: 1
Style: Ranch
Layout: 5-Rooms including 3-bedrooms, kitchen/dining area, living room, 1-bath
Living Area: 1,040+/-SF
Basement Area: 1,040+/-SF
Deck Area: 240+/-SF
Garage Area: Attached 1-bay 350+/-SF
Foundation and Frame: Wood framed on poured concrete basement
Exterior Walls: Wood-frame with vinyl siding
Interior Partitions: Drywall
Wall Height: 8’+/-
Floors: Wood, tile, and carpet
Roof: Asphalt shingles
Electrical: 100 Amp circuit breaker
Heat: Oil fired boiler (HWBB freeze up issues), electric BB heat, wood burning fireplace

Dock, Ramp & Float
Dock: Wood pilings, timber frame/railing, wood plank decking, 20’x4’
Seasonal Ramp: Aluminum frame/railing with wood planking, 40’x3.5’
Seasonal Float: Timber frame, 10’x16.5’

DISCLAIMER
ATTENTION PROSPECTIVE BIDDER
THE INFORMATION SET FORTH IN THIS AUCTION POSTING IS BELIEVED TO BE CORRECT AND COMPLETE. HOWEVER, THE KEENAN AUCTION COMPANY, INC. AND THE SELLER OF THIS PROPERTY AND ITS AGENTS/REPRESENTATIVES MAKE NO WARRANTIES AS TO THE ACCURACY, TRUTHFULNESS AND COMPLETENESS OF THIS INFORMATION.
PRIOR TO THE AUCTION, PROSPECTIVE BIDDERS SHOULD MAKE SUCH INVESTIGATION, AS THEY DEEM APPROPRIATE.


Directions: Heading north on I-295, take the Rt. 1 Yarmouth/Freeport Exit 17, at end of ramp turn right onto Rt. 1 north, follow .5 miles to property on the right.

Terms: A $25,000 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), deposit to be increased to 10% of the final purchase price within 5 calendar days of the sale, 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 #21-74. Richard J. Keenan #236. Our 49th Year and 8,372nd Auction.

Property Information Package Available
Zoning Ordinance Available

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