Restricted Address WINSLOW, ME 04901

Features

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Facts

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Sale Type

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Description

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 25-2 - 10,518+/-SF Commercial/Warehouse/Retail Complex - 18.8+/- Acres - 797 Augusta Rd., Winslow, Maine - Thursday, January 16, 2025 at 2PM - Real Estate: Consists of an 18.8+/- acre parcel with with 415+/- ft. of road frontage and 816+/- ft. of frontage on the Kennebec River. The site is located in the Mixed Use zoning district and is improved with (3) commercial, warehouse and retail buildings. The main retail building contains 3,200+/-SF and is designed with an 800+/-SF showroom area with offices and restroom, and a rear 2,400+/-SF service area with 2-overhead doors (12' & 14') and a man door. The open span warehouse building contains 5,750+/-SF and has overhead doors in the front and rear. The open span workshop building contains 1,568+/-SF and has overhead doors in the front and the side. The surrounding grounds have 17,000+/-SF of pavement with the remaining being level and open. PROPERTY SUMMARY REAL ESTATE PARCEL TAX MAP 1, Lots 135 & 136 SIZE - 18.8+/- ACRES FRONTAGE - 415+/- FT. ON AUGUSTA ROAD AND 816+/-SF ON THE KENNEBEC RIVER ENTRANCE - GATED FENCING - BOULDERS ALONG ROAD VISIBILITY - GOOD ZONING - MIXED-USE AMENITIES BUILDING COUNT - 3 GROSS AREA FOR 3 BUILDINGS - 10,518+/- SF Building #1 - RETAIL/SERVICE BLDG - 3,200+/-SF Building #2 - WAREHOUSE BLDG - 5,750+/-SF Building #3 - WORKSHOP BLDG - 1,568+/-SF STORIES - 1 FOUNDATIONS - CONCRETE SLAB ROOFS - BLDG #1 - METAL & ASHPHALT, BLDG #2- METAL, BLDG #3 - METAL SIDING - BLDG #1 - METAL & VINYL, BLDG #2- METAL, BLDG #3 - WOOD STRUCTURAL FRAMES - BLDG #1 - METAL & WOOD, BLDG #2- WOOD, BLDG #3 - WOOD CEILING HEIGHT - BLDG #1 - 8'-14', BLDG #2- 12', BLDG #3 - 10' BATHROOMS - BLDG #1 - (1) 2-PIECE HEATING - BLDG #1 - PROPANE FIREPLACE, HOT AIR, BLDG #3 - OIL HOT AIR ELECTRICAL - 200 AMP MAIN ENTRANCE, (1) METER PARKING - 17,000+/-SF PAVED SIGNAGE - MONUMENT & BUILDING Preview: Monday, January 6, 2025 from 12-1PM Buyer's Broker Participation Program Available. Contact Auctioneer's Office for Qualifications. Directions: From the intersection of Rt. 201 and Rt. 137, follow Rt. 201 south .9 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 on day of sale as a qualification to bid), deposit to be increased to 10% of the final purchase price within 5 calendar days of the sale, with balance due and payable within 32 days from date of auction. All other terms will be announced at the public sale. For a Property Information Package contact the auctioneers office and request by auction #25-2. Our 53rd Year and 8,716th Auction.