Real Estate Auction Restaurant & Retail Buildings - 3.58+/- Ac
The above stated price is the tax assessed value and a place holder only. The lender reserves the right to bid at the auction. - Real Estate Foreclosure Auction 26-42 Restaurant & Retail Buildings Support Equipment - 3.58+/- Ac Re: Maine Diner 2265 Post Rd., U.S. Route 1, Wells, Maine (Auction postponed until further notice due to a Bankruptcy Filing) Real Estate: Consists of a 3.58+/- acre parcel with 502+/- ft. of frontage on Us Rt. 1. Improving the site is a circa 1956 single story diner (3,302+/-SF) and a circa 1931 cape style gift shop (1,488+/-SF). The diner is a wood frame structure with a large dining room, breakfast/lunch bar area, commercial kitchen and (4) bathrooms. The structure is sitting on a slab foundation with a vinyl sided exterior. The roof is flat with asphalt shingles. The gift shop is a wood framed with a full foundation (2) baths aluminum siding and an enclosed porch. The property also has a 1-acre garden used to grow fresh produce for the restaurant. Reference Tax Map 147, Lot 11. Preview Change: The previews that were scheduled for Thursday, May 21 & 28, 2026 have been cancelled and a NEW PREVIEW DATE has been scheduled for Wednesday, May 27, 2026 from 2-3PM. Please contact the office prior to attending to confirm we have access on this date. Buyer Broker Participation Available. Contact Auctioneer to Qualify. Terms: A $50,000 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 5 business 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 contact the auctioneers office and request by auction #26-42. Our 54th Year and 8,889th Auction.
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