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Property Information Package (PIP) Available
Lead Paint & Arsenic Well Water and Treated Wood Information Available
City of Portland Land Use Code Available
Auction POSTPONED due to bankruptcy filing. BUSINESS OPEN.
Real Estate Foreclosure Auction 25-106
Re: Cherished Possessions
9,325+/-SF Mixed Use Complex, Storage - .82+/- Acres
64 Auburn St., North Deering, Portland, Maine
Auction Date: Friday, September 12, 2025 at 11AM
The property is currently in bankruptcy, and the auction will be postponed. Please contact auctioneer's office for auction updates.
SUMMARY: Land consists of a .82+/- acre parcel with 130+/- ft. on Auburn St. and 125+/- ft. on Washington Ave. The street level parcel is located across from the North Gate Shopping Plaza and in the heart of the North Deering community. The primary parking for approximately 38 spots is to the front of the building with a large curb cut for the entrance. Improving the site is a 9,325+/-SF wood framed building built in 1950 with a large retail component and a restaurant lounge. The west side of the building is 6,000+/- SF. and is currently used as a consignment shop with loading and storage areas. The attached building to the east is 1,950+/- SF. retail space and is currently used as a restaurant/tavern. Above the retail space is a 1,375+/- SF 3-bedroom, 1-bath apartment.
REAL ESTATE PARCEL
ASSESSORS REFERENCE - Tax Map 375, Blk A, Lot 3
SIZE .82+/- Acres
TOPOGRAPHY - Level l
PARKING - 13,000+/- SF. 38 Spaces
ZONING Neighborhood Business B1
FLOOD ZONE FEMA Food Map # 23019C2020D
VISIBILITY - Excellent
ROAD FRONTAGE - 130+/- ft. on Auburn St. and 125+/- ft. on Washington Ave..
DISTANCE TO I-95 EXIT 53 2.1 Miles
DISTANCE TO I-295 EXIT 8 2.4 Miles
DISTANCE TO OLD PORT 4.3 Miles
DISTANCE TO MAINE MEDICAL 5.2 Miles
DISTANCE TO PORTLAND JETPORT 5 Miles
SIGNAGE Roadside
WATER - PUBLIC
SEWER - PUBLIC
AMENITIES
LOT LOCATION Public Transport Access, Business District, Bus Line, Near Shopping, Shopping Mall
STRUCTURE Bar/Tavern/Lounge, Commercial, Retail, Development, Storage, Apartment
RESENT UPGRADES Restaurant/Tavern 2023
GROSS BUILDING AREA 9,325+/- SF
STORIES - 2
YEAR BUILT - 1950 Upgrades 2023
ROOF Asphalt
ROOF TYPE - Gabled
STRUCTURAL FRAME - Wood
FOUNDATION - Poured Concrete Slab
FLOORS - Cement and Wood
WINDOWS Thermal Windows in Aluminum Frames
EXTERIOR WALLS Wood Clapboard
INTERIOR WALLS - Painted Drywall
CEILINGS - Painted Wood and Drywall
RESTROOMS - 4
HEATING SOURCE Propane
HEATING SYSTEM Hot Water
COOLING HVAC
SECURITY Exterior Monitors
Buyer Broker Participation Available. Contact Auctioneer to Qualify.
Terms:A $25,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to Keenan Auction Company, Inc. (deposited with the Auctioneer as a qualification to bid), increased to 10% of the purchase price within 5 business days of 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 quit claim deed without covenants. All other terms will be announced at the public sale. For additional terms and a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request by auction #25-106. Richard J. Keenan #236. Our 53rd Year and 8,797th Auction.
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