** UPDATE **
AUCTION POSTPONED UNTIL THURSDAY, APRIL 30, 2020 AT 10:00 A.M.
Notice of Auction of Tax-Acquired Property
5.43 ACRE DEVELOPMENT OPPORTUNITY
461 Portland Road, Bridgton, Maine
Formerly known as The First and Last Motel
Notice is hereby given that in accordance with MRS Title 36, §943 and the Town of Bridgton Policy on Disposition of Tax Acquired Properties, a public sale will be conducted on March 27, 2020 commencing at 10:00 a.m. at the Bridgton Municipal Complex, 3 Chase Street, Suite 1, Bridgton, Maine 04009.
Real Estate: Consists of a 5.4 +/- acre parcel with 620 +/- ft. of frontage on Portland Road/Route 302. As-is, where-is. Refer to Tax Map 5, Lot 7.
Preview: For an interior inspection, contact Robert A. Peabody, Jr, Bridgton Town Manager at 207-647-8786.
Terms: Minimum bid: $40,000. Required demolition and removal deposit: $25,000, by certified check or money order, made payable to the Town of Bridgton. The winning bidder will be required to demolish and remove from the property the former motel building(s). The property will be sold by public auction subject to all outstanding municipal assessments. Conveyance of the property will be by Municipal Quitclaim Deed. All other terms will be announced at the public sale.
For more information CLICK HERE or contact Robert A. Peabody, Jr., Bridgton Town Manager, 207-647-8786
Auctioneer ME Lic #1489
294 So. High Street, Bridgton, ME