Real Estate Foreclosure Auction 25-106 Re: Cherished Possessions 9,325+/-SF Mixed Use Complex, Storage - .82+/- Acres 64 Auburn St., North Deering, Portland, Maine Auction Date: Thursday, October 9, 2025 at 11AM The property is currently in bankruptcy, and the auction will be postponed to above referenced date. Please contact auctioneer's office to confirm if auction is taking place. Preview Date: (Pending Access) Thursday, August 28, 2025 from 10AM-12PM. Please contact the office prior to attending to confirm we have access on this date. Equipment To Be Sold In A Timed Online Auction SUMMARY: Land consists of a .82+/- acre parcel with 130+/- ft. on Auburn St. and 125+/- ft. on Washington Ave. The street level parcel is located across from the North Gate Shopping Plaza and in the heart of the North Deering community. The primary parking for approximately 38 spots is to the front of the building with a large curb cut for the entrance. Improving the site is a 9,325+/-SF wood framed building built in 1950 with a large retail component and a restaurant lounge. The west side of the building is 6,000+/- SF. and is currently used as a consignment shop with loading and storage areas. The attached building to the east is 1,950+/- SF. retail space and is currently used as a restaurant/tavern. Above the retail space is a 1,375+/- SF 3-bedroom, 1-bath apartment. REAL ESTATE PARCEL • ASSESSOR’S REFERENCE - Tax Map 375, Blk A, Lot 3 • SIZE – .82+/- Acres • TOPOGRAPHY - Level l • PARKING - 13,000+/- SF. 38 Spaces • ZONING – Neighborhood Business B1 • FLOOD ZONE – FEMA Food Map # 23019C2020D • VISIBILITY - Excellent • ROAD FRONTAGE - 130+/- ft. on Auburn St. and 125+/- ft. on Washington Ave.. • DISTANCE TO I-95 EXIT 53 – 2.1 Miles • DISTANCE TO I-295 EXIT 8 – 2.4 Miles • DISTANCE TO OLD PORT – 4.3 Miles • DISTANCE TO MAINE MEDICAL– 5.2 Miles • DISTANCE TO PORTLAND JETPORT – 5 Miles • SIGNAGE – Roadside • WATER - PUBLIC • SEWER - PUBLIC AMENITIES • LOT LOCATION Public Transport Access, Business District, Bus Line, Near Shopping, Shopping Mall • STRUCTURE – Bar/Tavern/Lounge, Commercial, Retail, Development, Storage, Apartment • RESENT UPGRADES – Restaurant/Tavern 2023 • GROSS BUILDING AREA – 9,325+/- SF • STORIES - 2 • YEAR BUILT - 1950 Upgrades 2023 • ROOF – Asphalt • ROOF TYPE - Gabled • STRUCTURAL FRAME - Wood • FOUNDATION - Poured Concrete Slab • FLOORS - Cement and Wood • WINDOWS – Thermal Windows in Aluminum Frames • EXTERIOR WALLS – Wood Clapboard • INTERIOR WALLS - Painted Drywall • CEILINGS - Painted Wood and Drywall • RESTROOMS - 4 • HEATING SOURCE – Propane • HEATING SYSTEM – Hot Water • COOLING – HVAC • SECURITY – Exterior Monitors Buyer Broker Participation Available. Contact Auctioneer to Qualify. Terms:A $25,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to Keenan Auction Company, 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 quit claim deed without covenants. All other terms will be announced at the public sale. For additional terms and a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request by auction #25-106. Richard J. Keenan #236. Our 53rd Year and 8,797th Auction.