Foreclosure Auction - 5,000+/- SF Building ~ Rumford, ME
Real Estate Foreclosure Auction 19-60: 5,000+/-SF Commercial Building, 136 Congress St., Rumford, ME. Auction Date is April 24th at 11AM. Referenced list price is the tax assessed value and it is just a place holder. Property is being sold pursuant to a Judgment of Foreclosure and Sale. Lender reserves the right to bid at the sale. Real Estate: Consists of a .06+/- acre downtown parcel. Improving the site is a circa 1925 2-story brick building separated by a common wall on the southern side. The first floor contains 2,500+/-SF and was recently utilized as a restaurant. It is improved with a hostess station in entry lobby, large open dining room and bar, a back kitchen and prep room, men and ladies rooms, office, hardwood floors, tin ceilings, and exposed brick walls. The second floor is improved with 2,500+/-SF of redevelopment space and was formerly used as office and residential space. The full basement houses mechanical and storage space. Ref Tax Map 117, Lot 289. Equipment is being sold separate from the real estate. Visit auction website for more details. Real Estate & Equipment Previews: April 12th from 1-2PM and April 24th from 10-11AM Terms: A $5,000 deposit to bid for the real estate (nonrefundable as to highest bidder and deposited with Auctioneer) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., Inc., 30 day closing. The real estate will be sold subject to all outstanding municipal assessments. Conveyance of the real estate will be by release deed. All other terms will be announced at the public sale. Richard J. Keenan #236. Our 47th Year and 7,992nd Auction.
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