Real Estate Auction - 54-Unit Boutique Hotel Complex Ocean Views
Real Estate Foreclosure Auction 21-75- 2021 Upscale Renovations & New Construction 54-Unit Boutique Hotel Complex -Ocean Views - 3.17+/- Acres -780 York St., Rt. 1A, YORK BEACH, MAINE -NEW AUCTION DATE: Friday, November 12, 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. - The York Beach Surf Club is a 54-unit boutique hotel complex located directly across the street from Prebble's Point and Long Sands Beach. Since 2020, the property has been undergoing a transformative renovation, rebranding, and an upscale repositioning of the complex that once completed in October of 2021; it will have the newest inventory of rooms and amenities in York and on Long Sands Beach. Guestrooms will be best in market and include 42 interior and exterior corridor accommodations as well as 12 cottages. Rooms have been fully refurbished with high-end materials, furnishing, baths, electronics, and Wi-Fi. The amenities will include Atlantic ocean access directly across the street, a modern and contemporary pool complex with expansive sunning decks and large pool house with showers, locker space, food and beverage service coming from 3 different sources including a new full service modular kitchen, a 1960's retro caravan \"light fare\" food trailer, and a restored 1960's International Metro coffee/food truck. All personal property, food service equipment, furnishings, and electronics will be sold together with the real estate as an entirety. - SITE LOCATION: Town of York, County of York, State of Maine, Village of York Beach - 780 York Street (Rt. 1A) and rear frontage on 10-14 Carlton Street. 3.1 miles to Maine Turnpike, 1.6 miles to York Village and York Harbor. Atlantic Ocean 85+/- ft. from edge of property. LOT SIZE: 3.17+/- Acres - FRONTAGE: 300+/- ft. on York St., 215+/- ft. on Carlton St., Good - ACCESS: Good - VISIBILITY: Good - SHAPE: Rectangle - TOPOGRAPHY: Level at street grade - SITE IMPROVEMENTS: Asphalt paved parking areas, two swimming pools, pool house, food caravan, modular kitchen, food truck, signage, landscaping, yard lighting, curbing, and drainage - ZONING: BUS-2 (Business 2) zoning district - FLOOD ZONE: Zone AO, FEMA Map & Date June 17, 2002 - PARKING: 74 Spaces - WATER/SEWER: Public - UTILITIES: Electric, cable, and telephone - IMPROVEMENTS - BUILDINGS: 16 total, (1) 3-story interior corridor-30 Rooms (Building A), (1) 2-story exterior corridor-12 Rooms (Building B), (1) 2-story office bldg. with 1 Room on 2nd level, (11) 1-story detached cabins, (1) Pool house, (1) Detached shed/garage - KEYS: 54 - GROSS BUILDING AREA: 33,511+/- SF, Cottages range from 393+/-SF to 813+/-SF, Building A 15,945+/-SF, Building B 6,756+/-SF, Office/Guestroom 3,056+/-SF, Pool House 879+/-SF, Kitchen 396+/-SF, Storage Shed 328+/-SF - NUMBER OF FLOORS: 1, 2 & 3 - BUILT: 1950 with gut renovations starting in 2020, Pool House, pool, modular kitchen 2021 - STRUCTURAL FRAME: Wood frame - FOUNDATION: Poured concrete slab - FLOORS: Wood sub-floors over wood joists - EXTERIOR WALLS: Vinyl siding - ROOF: Gabled - WINDOWS: Thermal windows in aluminum frames - DOORS: Glass, wood and metal - FLOORING: Carpet and Tile - INTERIOR WALLS: Painted drywall and wall vinyl -INTERIOR - CEILINGS: Drywall and acoustical tiles - HEATING/COOLING: HVAC heat pumps, electric - SPRINKLED: 100% - SECURITY: Exterior and interior monitors - Terms: A $100,000 deposit 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. All other terms will be announced at the public sale.
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