Real Estate Auction 21-38 - Office - 4BR Home - 2BR Apt - 1+/- AC - 2-Car Garage - Small Studio Apt. - Tennis Courts - 368 State St., Route 1A, Ellsworth, Maine - Tuesday, April 13, 2021 at 11AM On Premises - The above stated price is the tax assessed value and just a place holder. The auction is with reserve and the sale is subject to confirmation of the seller. Real Estate: Consists of a 1+/- ac. professionally landscaped parcel with 244+/- ft. of frontage on Rt. 1A (State Street). The level site has excellent street access and exposure and experiences high traffic counts entering and leaving the Ellsworth downtown and commercial districts. The driveway is a mix of asphalt and pavers, and there are both heated and unheated concrete walkways that access the main complex. Improving the site is a mixed-use property that is presently used as offices and residential. The circa 1920 main building (1,920+/-SF) has been very well maintained and was most recently used as an office. There are many recent updates including roof, electrical, and interior paint. It is designed with 8-rooms including a large eat-in kitchen, great room with fireplace, dining room with built-ins, and a large heated enclosed porch (224+/-SF) on the first floor. There is an exposed hardwood staircase leading to a large center hallway on the second floor that accesses 4-bedrooms and a full bath. Other features include walk up third floor attic, period stained glass, raised panel wood doors, hardwood flooring throughout, wainscoting, and backup generator. Attached to the main building is a circa 2006 building (1,024+/-SF) that is currently leased as a 2-bedroom/1-bath apartment for $1,350/month. The lease expires end of August 2021. The fully handicap accessible apartment has 8' ceilings, all modern amenities including AC and radiant floor heat. The detached 2-car oversized garage (780+/-SF) with overhead storage has a small apartment off the rear with one room with kitchenette, a bath, and a deck overlooking the tennis courts. - Inspection: Tuesday, March 30th from 10:30-11:30AM. Showings will be scheduled in 30 minute intervals. Contact Auctioneer's office to schedule an appointment time for showing. Proper distancing, group size, and health and safety precautions will be followed. - Directions: From Ellsworth downtown at the junction of Rt. 1 and Rt. 1A, follow Rt. 1A towards Bangor 1.3 miles to property on the left. - Terms: A $10,000 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), increased to 10% of the purchase price within 3 calendar days of the public sale, with balance due and payable within 30 days from date of auction. A 10% Buyer's Premium. The property will be sold by public auction subject to all outstanding municipal assessments. Conveyance of the property will be by quitclaim deed. All other terms will be announced at the public sale. For a Property Information Package contact the Auctioneers office and request by auction #21-38. Our 49th Year and 8,333rd Auction.
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