Real Estate Auction 19-57 - 560,000+/-SF REDEVELOPMENT OPPORTUNITY - Historic Continental Mill2 Cedar Street, Lewiston, Maine - Auction Date: Tuesday, May 21, 2019 at 11AM - Preview: Monday, May 6, 2019 from 10AM-12PM - Sale in cooperation with Cheri Bonawitz & Karen Rich of Malone Commercial Brokers - Auction Sale is subject to confirmation of the seller. - Waterfront Redevelopment Opportunity located on 7.07+/- acres in the Riverfront Island section of the Lewiston Riverfront Master Plan. The historic Continental Mill is a brick and granite mill complex that was built circa 1860 along the banks of the Androscoggin River. It contains 560,000+/- SF and was designed in the Second Empire style by C.F. Douglas. The buildings have excellent views of the river and the Peace Bridge, and offer high ceilings, brick walls, and hardwood floors that all provide great amenities for office, retail and loft style apartment development. The large site has 40,000+/-SF of parking available and has excellent street access and exposure. - BUILDING SIZE: 560,000+/- Square Feet - NUMBER OF STORIES: 1 to 6 - BUILT: Circa 1860 - CONSTRUCTION: Brick and Granite - LOCATION: 2 Cedar Street, Lewiston, Maine (cross streets: Cedar Street & Oxford Street) Located along the Androscoggin River with sweeping picturesque views. Close proximity to Downtown Lewiston, with many shops, offices, local businesses and restaurants. - LAND SIZE: 7.07+/- Acres with 650+/- ft. of Frontage on the Androscoggin River - ZONE: Mill, Conditional Rezoning - PARKING: 40,000+/- Square Feet - DEED REFERENCE: Book 4432 Page 265 Androscoggin County Registry of Deeds - ASSESSOR ID: Map 208, Lot 4 ASSESSED VALUE: Land: $300,500; Building: $1,069,390; Total Assessed Value: $1,369,890 - HVAC: Natural Gas - UTILITIES: Municipal Water and Sewer - ELEVATORS: Four (4) Freight Elevators 4432/265 - SSI: Yes, Sprinkler System - Buyer Broker Participation Available. Contact Auctioneer for Details. - Terms: A $25,000 deposit to bid in cash or certified US funds, payable to Keenan Auction Co., Inc., deposit to be increased to 10% of the final purchase price within 7 calendar days of the sale, 30 day closing. A 10% Buyer's Premium. All other terms will be announced at the public sale. For a Property Information Package contact auctioneer's office and request auction #19-57. Richard J. Keenan #236. Our 47th Year and 8,009th Auction.
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