Foreclosure Auction - 13,070+/-SF Event Center & Tavern - 2.12+/
Real Estate Foreclosure & Secured Party's Sale at Public Auction 19-34 - 13,070+/-SF Event Center & Tavern - 2.12+/- AC - (Restaurant & Support Equipment Selling Separate in an Online Auction) - 6 Jefferson St., WATERVILLE, MAINE Real Estate Auction Date: Friday, July 12, 2019 at 11AM On Premises - Equipment Online Bidding Begins June 30th at 9AM and Ends July 15th at 1PM - Quoted price is the City tax assessment and is just a place holder. Mortgagee reserves the right to bid under Maine Foreclosure laws. - Real Estate: Consists of a 2.12+/- acre parcel with 310+/- ft. of frontage on Jefferson St., 301+/- ft. on I-95 on ramp, and paved parking for 115+/- cars. The level site is located just off Exit 127 of I-95 and has excellent visibility and access to the highway and Kennedy Memorial Drive. The property is improved with a circa 2007 13,070+/-SF commercial building most recently used as an event center and tavern. The building is designed with 3 main sections housing the tavern/lounge area, large banquet room, and large commercial kitchen area. Other features include foyer with vaulted ceiling, stage and dance floor, M/L restrooms, office, loading dock, covered entry, and storage/utility area, public water & sewer, central heat & AC, sprinkled, CC (Commercial C) Zone. Reference Tax Map 40, Lot 50. - Real Estate & Equipment Preview: Thursday, June 27, 2019 from 8-10AM and day of sale from 10-11AM - Terms: A $25,000 deposit to bid on real estate, payable to the Keenan Auction Co., Inc., deposit to be increased to 10% of the bid price within 5 calendar days of the public sale, 30 day closing. All other terms will be announced at the public sale.
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