Real Estate Auction 5,156+/-SF Mixed-Use Building .32+/- Acres
Real Estate Foreclosure Auction 21-124 - 5,156+/-SF Mixed-Use Building .32+/- Acre Corner Lot - Urban Zone - 37 Cottage St., US Route 202, Sanford, Maine - Auction: Tuesday, December 14, 2021 at 11AM On Premises - The above stated price is the tax assessed value and just a place holder. - The lender reserve the right under Maine law to bid at the foreclosure sale. - Real Estate: Consists of a .32+/- acre corner parcel with 116+/- ft. on US Rt. 202, 85+/- ft. on Davis Ave. and 127+/- ft. on Spruce St. The site is within walking distance to Main St. and the hospital, and has ample paved parking. Improving the site is a circa 1940 masonry framed mixed-use building designed with a first floor containing 5,156+/-SF and a direct entry, walkout lower basement level that has 1,980+/-SF of finished space and 1,980+/-SF of unfinished space. Other features include 3phase power, vinyl siding, public water and sewer, oil hot water multi zone heat, pitched shingled roof, canopy, Ref. Tax Map J27, Lot 39. - Preview: Monday, November 29, 2021 from 1-2PM - Directions: From the intersection of Rt. 202 and Rt. 109 in Sanford, follow Rt. 202 east .3 miles to the property on the right. - Terms: A $10,000 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), with balance due and payable within 30 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 #21-124. Our 49th Year and 8,399th Auction.
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