Waterfront Restaurant RE: Buffleheads at Hills Beach
Real Estate Foreclosure Auction 19-75 ~ Waterfront Restaurant ~ Buffleheads at Hills Beach, 122 Hills Beach Rd., Biddeford, Maine Auction Date: Thursday, April 25, 2019 at 11AM On Premises Referenced price is the tax assessed value and it is just a place holder. Auction is being conducted pursuant to a Power of Sale Foreclosure. Lender reserves the right to bid at the sale. Real Estate: Consists of a .77+/- acre waterfront parcel with 380+/- ft. of frontage on Biddeford Pool and 210+/- ft. of road frontage. The level site enjoys water views from both sides of the property. It is located directly across the street from Hills Beach and has ample paved parking with 24 spaces. The property is improved with a circa 1920 1.5-story wood frame cottage style restaurant building containing 1,918+/-SF. The restaurant was licensed (#7626) for 45 interior seats and 15 exterior seats and has operated for over 50 years. The interior design includes a water view dining room, (3) restrooms, hostess station area, 2nd level office and storage area, utility room, storage basement, and a commercial kitchen. CR & RP Zoning Districts. Restaurant equipment, furniture, fixtures and small wares will be sold together with the real estate as an entirety. Reference Tax Map 54, Lot 76. Preview: Tuesday, April 9th from 10-11AM Terms: A $25,000 deposit to bid in CASH or CERTIFIED U.S. FUNDS, payable to the Keenan Auction Co., Inc., deposit to be increased to 10% of the bid price within 5 calendar days of the public sale, 30 day closing. All other terms will be announced at the public sale. For a Property Information Package contact auctioneer. Richard J. Keenan #236. Our 47th Year and 7,995th Auction.  
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