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Parcel #1

Parcel #1

Parcel #2
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Real Estate Foreclosure Auction 10-170
Parcel #1 - 15-Unit Mixed Use Building & 3-Bedroom Home
Parcel #2 - Residential Subdivision
Newcastle & Nobleboro, Maine
Wednesday, August 18, 2010
Parcel #1 – (Parcel #1 POSTPONED DUE TO BANKRUPTCY FILING) 15-Unit Mixed Use Bldg. & Home ~ 7 & 11 Hall Streets, Newcastle, Maine at 11AM: Real Estate - .88± acre parcel located just off Rt. 1. The property is improved with a 10,213+/-sf, 2-story building designed with (12) apartment units and (3) office suites. The first level contains (3) office suites, (2) large efficiencies apts. (1) studio apt. (1) 1-BR apt., and (1) 2-BR apt. The second level contains (1) studio apt. (1) 1-BR apt., (4) 2-BR apts, and (1) 3-BR apt. Also improving the site is a ranch home (792+/-sf) designed with 3-bedrooms, 1 bath, and kitchen/dining/living area. Ref. Town of Newcastle Tax Map 12, Lot 9-2.
Parcel #2 – 4 Residential Home Lots (To Be Sold As An Entirety) ~ 17, 24, 25 & 36 Ferrier States Rd., Nobleboro, Maine at 12PM: Real Estate – (4) residential building lots ranging in size from 2.6 to 2.9+/- acres. The 4 lots will be sold together as an entirety. Ref. Town of Nobleboro. Tax Map 3, Lots 24-2, 3, 4, & 6. Visit Keenanauction.com to view photos and maps.
Preview: Tuesday, August 3, 2010, Parcel #1 from 2-3PM and Parcel #2 Drive By Anytime
Terms: Parcel #1 - $25,000 deposit and Parcel #2 - $10,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Company (deposited with the Auctioneer as a qualification to bid), increased to 10% of the purchase price within 5 days of the public sale, with balance due and payable within 45 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 Package containing legal and bidding documents, visit KeenanAuction.com or call Auctioneer’s office at (207) 885-5100 and request by auction number. Richard Keenan #236. Our 38th year and 5,553rd Auction.
Property Information Package Available
Click on the Property Information Button Below
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