Real Estate Auction 23-12 3,445+/-SF General Store Cafe - Apt.
Real Estate Foreclosure Auction 23-12 - 3,445+/-SF General Store Bistro/Café - Apartment - Camp Ellis Beach 23 Main Ave., Saco, Maine - Friday, February 10, 2023 at 11AM - On Premises - 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: Consists of a .11+/- acre corner parcel with 100+/- ft. on Main Ave. and 50+/- ft. on Cove Ave. The property is located 400+/- ft. from the beach, .5 mile from Ferry Beach and the State Park, and 3 miles to Old Orchard Beach. Improving the site is a 3,445+/-SF wood-frame building currently utilized as a general store, 48-seat bistro/Café, and apartment. The store is improved with a general merchandise area with a coffee counter 6-door reach in walk-in, checkout counter and bike rental area. The bistro has raised and sunken dining with exterior covered waiting and a commercial kitchen. The property has an updated HVAC system and the kitchen and dining areas have had extensive renovations in 2017. The surrounding area will accommodate 9 parking spaces. Located in the Camp Ellis ("CE"), Saco River Corridor Commission Overlay ("SRCC") & ME DEP Maine Sand Dune ("Back Dune" or "D2") Districts. Reference Saco Tax Map 2, Lot 143. - Directions: From the intersection of Seaside Ave and Ferry Rd., follow Camp Ellis Ave to Main Ave on the left, follow 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 as a qualification to bid), increased to 10% of the purchase price within 5 calendar days of the sale. The highest bidder will sign a Purchase and Sale Agreement with Mortgagee which will require payment of the balance of the successful bid within 30 days thereafter. 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 #23-12. Our 51st Year and 8,517th Auction.
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