8 High St.

Milbridge, ME 04658

Real Estate Foreclosure Auction 24-87 - Takeout Building - Cape Style Home - 1+/- Acres - 8 and 10 High St. & Rt. 1, Milbridge, Maine - Being Postponed to New Date: Thursday, September 12, 2024 at 1PM - 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 1+/- acre corner parcel with frontage on U.S. Rt. 1 and High St. Improving the site is a 1,400+/- SF cape style home with a gambrel garage and an 800+/-SF takeout restaurant. The home is designed with a kitchen/dining area, living room, 3-bedrooms and a covered porch. The 1,300+/- SF garage has a 13' overhead in the front and a standard garage door in the rear with a separate exterior stairway going to second floor. The 800+/- SF takeout is under renovations with new particle board walls, new wiring, tile floors, and an order deck. The property has a large paved parking area and a lawn for picnic tables. The 2 properties will be sold together as an entirety. Reference Tax Map 6, Lot 24 and 24A. - Preview: (Pending Access) Wednesday, September 4, 2024 from 1-2PM - Buyer's Broker Participation Program Available. Contact Auctioneer's Office for Qualifications. - Directions: From the intersection of Rt1 And 1A, follow Rt. 1 south .8 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), increased to 10% of the purchase price within 5 business days of sale 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 number 24-87. Our 52nd Year and 8,667th Auction.

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