NO LISTING PRICE. SEE DESCRIPTION BELOW.
The above stated price is the TAX ASSESSED VALUE and a place holder only. The foreclosing lender has the right to bid at the auction. - Real Estate Foreclosure Auction 24-139 - 5,600+/- SF Fully Equipped Restaurant -Former Countryside Restaurant - 98 Main Street, Route 15 Corinth, Maine - Auction postponed to the new date of: Friday, January 10, 2025 at 11AM On Premises - Preview Date: Thursday, December 5, 2024 from 1-2PM - REAL ESTATE SUMMARY: Land consists of a 2.94+/- acre parcel with 296+/- ft. on Main St. (Rt. 15). There is a paved parking lot with a capacity for (21+/-) cars. Improving the site is a 5,600+/-SF (GBA) wood framed building built in 1989. The single story building is designed with a large dining area that is currently licensed to seat 134 inside and 36 outside. There is a checkout area that also sells baked goods. The horseshoe bar was updated in 2022 and seats 22. The commercial kitchen is complimented by a designated food prep area, fully equipped cook line and a to-go area. There is an interior walk-in, dry storage room and full service wait station. The property experiences strong traffic flow from Route 15 which is a main artery from Bangor to Dover-Foxcroft. The site has good visibility and access. The area ATV and snowmobile trails are near to the property and there is an outdoor covered pavilion (20'x40'). REAL ESTATE PARCEL • ASSESSOR'S REFERENCE - Tax Map 11, Lot 18 • SIZE - 2.94+/- Acres • TOPOGRAPHY - Level lot on grade with road • PARKING - Paved with 21+/- spaces • VISIBILITY - Excellent • FRONTAGE - 296+/- ft. on Rt. 15 • SIGNAGE - Monument AMENITIES • STRUCTURE - Commercial, Restaurant • GROSS BUILDING AREA - 5,600+/- SF • STORIES - 1 • YEAR BUILT - 1989 • ROOF - Asphalt Shingle. Gable style. Rear section new in 2020. • STRUCTURAL FRAME - Wood • BATHROOMS - Men's and Ladie's • FLOORS - VCT and tile • EXTERIOR WALLS - Wood clapboards • INTERIOR WALLS - Pine paneling in dining areas and marlite covered drywall in kitchen • CEILINGS - Painted drywall • KITCHEN - Commercial with cook line, food prep, to-go • STORAGE - Dry storage room in main building, small detached shed. • ELECTRICAL - 400 AMP with circuit breakers, back-up generator • HVAC - Radiant propane fired heating system with central HVAC DIRECTIONS: Heading north on I95 in Bangor, take the Broadway Exit 185. At end of ramp turn right onto Broadway, Rt. 15 and follow 19.5 miles to property on the right. - Buyer Broker Participation Available. Contact Auctioneer to Qualify. - Terms: A $20,000 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), 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 release deed. All other terms will be announced at the public sale. For additional terms and a Property Information Package contact the auctioneers office and request by auction #24-139.Our 52nd Year and 8,713th Auction.
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