Real Estate Auction - 7,968+/-SF Mixed-Use Comm. Bldg 1.71+/- Ac
Real Estate Foreclosure Auction 22-110 - 7,968+/-SF Mixed-Use Commercial Building - 1.71+/- Acres - River Front w/Views - 21 Bay Street, Winslow, Maine - NEW AUCTION DATE Tuesday, October 4, 2022 at 11AM On Premises - The above stated price is the tax assessed value and just a place holder. - The lender reserves the right under Maine law to bid at the foreclosure sale.- Real Estate consists of a 1.71+/- acre parcel with 341+/- ft. along Bay Street and frontage along the Kennebec River. Improving the site is a 7,968+/-SF (GBA) mixed-use building that is currently under renovations. The former restaurant is designed with large dining and lounge areas, kitchen area, ample utility/storage areas, and a 1,488+/-SF riverside deck with excellent views. Other features include 12,000+/-SF of paved parking, newer metal roof, public water and sewer, HVAC heat pump, 528+/-SF detached work shop building, and Mixed-Use zoning. Reference Tax Map 21, Lot 1. - Preview: Thursday, September 8th from 2-3PM - Buyer Broker Participation Available. Contact Auctioneer For Qualification Form. - Directions:From the Waterville/Winslow Bridge in Winslow turn right on Bay St. and follow .2 miles to the property on the right. - Terms: A $20,000 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), 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. Conveyance of the property will be by release deed. All other terms will be announced at the public sale. For a Property Information Packagecontact the auctioneers office and request by auction #22-110. Our 50th Year and 8,485th Auction.
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