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Real Estate Auction 21-28, General Store - Fully Equipped Restaurant (3) Apartments - .38+/- Ac.
Previous Page Listing ID#: 1281652

Auction Location
Lovell, ME 04051

Auction Dates and TimesSALE IS COMPLETED
Friday May 14, 2021 Completed

Auction Type
Live Auction

Company Information
Keenan Auction Company, Inc. Website: www.keenanauction.com GoToAuction.com ID#: 5585 View company information and listings

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Listing Terms and Conditions
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 final purchase price within 5 calendar days of the public sale, with balance due and payable within 30 days from date of auction. A 10% Buyer’s Premium. All other terms will be announced at the public sale. For a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request by auction #21-28. Richard J. Keenan #236. Our 49th Year and 8,340th Auction.

Listing Terms and Conditions

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 final purchase price within 5 calendar days of the public sale, with balance due and payable within 30 days from date of auction. A 10% Buyer’s Premium. All other terms will be announced at the public sale. For a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request by auction #21-28. Richard J. Keenan #236. Our 49th Year and 8,340th Auction.

Listing Information
Auctioneer’s Note: After 20 years of providing the Village of Lovell and its many visitors with great food, friendly service and convenient shopping, Rosie McKenzie of the Lovell Village Store & Restaurant has decided to retire. The Keenan Auction Company has been retained to offer the iconic eatery at public auction. Always a local favorite, Rosie’s has also gained honorable mention in many publications including the New York Times and Downeast Magazine. Famous author Stephen King was a regular at the restaurant of which he depicts in his novel and movie. We invite you to participate in this great auction opportunity to own one of Western Maine’s true gems. Real Estate: Consists of a .38+/- acre parcel with 145+/- ft. of frontage on Main Street. The level site has excellent street access/exposure and ample parkeing. Improving the site is a mixed-use property that is presently used as a general store and 32 seat restaurant on the first level, and (3) apartments on the upper levels. The circa 1880 building (4,432+/-SF) has received recent updates including new floors in the dining room and rear kitchen (2020), HVAC heat pumps (2018), and updated septic system (2017). The main entrance to the store is designed with a 1950’s style lunch counter with (12) soda fountain stools and a retail area. The mid-section contains a 10-door reach-in beverage cooler, check-out counter, coffee station, main kitchen line, and a pizza oven/prep room. The rear section contains a dining room, bathroom, office, clean and prep room with walk-in freezer, utility area, and storage room. The upper level houses (3) apartments including (1) 3BR, (1) 2BR, and (1) 1BR unit that are all currently occupied and rented on a month-to-month basis. The property will be sold as an entirety to include real estate, all restaurant equipment and remaining inventory. Reference Tax Map U2, Lot 2. CLICK HERE FOR DETAILS!
Auction License: Richard J. Keenan, ME Auc Lic. #236/Stefan P. Keenan, NH Lic. #2823

Listing Information

Auctioneer’s Note: After 20 years of providing the Village of Lovell and its many visitors with great food, friendly service and convenient shopping, Rosie McKenzie of the Lovell Village Store & Restaurant has decided to retire. The Keenan Auction Company has been retained to offer the iconic eatery at public auction. Always a local favorite, Rosie’s has also gained honorable mention in many publications including the New York Times and Downeast Magazine. Famous author Stephen King was a regular at the restaurant of which he depicts in his novel and movie. We invite you to participate in this great auction opportunity to own one of Western Maine’s true gems.

Real Estate: Consists of a .38+/- acre parcel with 145+/- ft. of frontage on Main Street. The level site has excellent street access/exposure and ample parkeing. Improving the site is a mixed-use property that is presently used as a general store and 32 seat restaurant on the first level, and (3) apartments on the upper levels. The circa 1880 building (4,432+/-SF) has received recent updates including new floors in the dining room and rear kitchen (2020), HVAC heat pumps (2018), and updated septic system (2017). The main entrance to the store is designed with a 1950’s style lunch counter with (12) soda fountain stools and a retail area. The mid-section contains a 10-door reach-in beverage cooler, check-out counter, coffee station, main kitchen line, and a pizza oven/prep room. The rear section contains a dining room, bathroom, office, clean and prep room with walk-in freezer, utility area, and storage room. The upper level houses (3) apartments including (1) 3BR, (1) 2BR, and (1) 1BR unit that are all currently occupied and rented on a month-to-month basis. The property will be sold as an entirety to include real estate, all restaurant equipment and remaining inventory. Reference Tax Map U2, Lot 2.

CLICK HERE FOR DETAILS!

Auction License: Richard J. Keenan, ME Auc Lic. #236/Stefan P. Keenan, NH Lic. #2823

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Real Estate Auction 21-28, General Store - Fully Equipped Restaurant (3) Apartments - .38+/- Ac.

Keenan Auction Company, Inc.

Contact:
Phone:

234 Main St.
Lovell, ME 04051

Friday May 14, 2021 Completed

Listing Details
Auctioneer’s Note: After 20 years of providing the Village of Lovell and its many visitors with great food, friendly service and convenient shopping, Rosie McKenzie of the Lovell Village Store & Restaurant has decided to retire. The Keenan Auction Company has been retained to offer the iconic eatery at public auction. Always a local favorite, Rosie’s has also gained honorable mention in many publications including the New York Times and Downeast Magazine. Famous author Stephen King was a regular at the restaurant of which he depicts in his novel and movie. We invite you to participate in this great auction opportunity to own one of Western Maine’s true gems. Real Estate: Consists of a .38+/- acre parcel with 145+/- ft. of frontage on Main Street. The level site has excellent street access/exposure and ample parkeing. Improving the site is a mixed-use property that is presently used as a general store and 32 seat restaurant on the first level, and (3) apartments on the upper levels. The circa 1880 building (4,432+/-SF) has received recent updates including new floors in the dining room and rear kitchen (2020), HVAC heat pumps (2018), and updated septic system (2017). The main entrance to the store is designed with a 1950’s style lunch counter with (12) soda fountain stools and a retail area. The mid-section contains a 10-door reach-in beverage cooler, check-out counter, coffee station, main kitchen line, and a pizza oven/prep room. The rear section contains a dining room, bathroom, office, clean and prep room with walk-in freezer, utility area, and storage room. The upper level houses (3) apartments including (1) 3BR, (1) 2BR, and (1) 1BR unit that are all currently occupied and rented on a month-to-month basis. The property will be sold as an entirety to include real estate, all restaurant equipment and remaining inventory. Reference Tax Map U2, Lot 2. CLICK HERE FOR DETAILS!