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Real Estate Foreclosure Auction 11-100
Gas Station · C-Store · Restaurant · Apartments
1680 Portland Rd., (US Rt.1), Arundel, Maine
Friday, March 25, 2011 at 11AM
Real Estate: consists of a 1.78+/- acre corner parcel with 210’+/- frontage on US Rt. 1 and 354’+/- of frontage on Campground Road. The site is improved with a 7,980+/- sf masonry frame commercial building with a wood framed addition. The first floor is designed with a convenience store with gas pumps and canopy, retail space and a restaurant. The second floor is designed with an office, retail space and (2) one-bedroom apartments. The convenience store and restaurant equipment will be sold together with the real estate as an entirety. Reference the Town of Arundel Tax Map 29, Lot 20.
Preview: Monday, March 7, 2011 from 10-11AM
Directions: From the junction of Routes 1 and 35 in Kennebunk, follow Rt. 1 north 2.8 miles to property on the left at the intersection of Rt. 1 and Campground Rd.
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Terms: A $20,000 deposit (non-refundable as to the highest bidder) in the form of cash or certified US funds made payable to the Keenan Auction Company (deposited with auctioneer as a qualification to bid), increased to 10% of purchase price within 5 days of the public sale, closing within 30 days of the sale. 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 (207) 885-5100 and request by auction number. Richard Keenan #236. Our 39th Year and 5,678th auction.
Property Information Package & Environmental Reports Available
Click on the Property Information Button Below
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