NOTICE OF AUCTION OF TAX-ACQUIRED PROPERTY, BRIDGTON, MAINE

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 site commencing at 10:00 a.m., Friday, May 15, 2020, at 461 Portland Road, 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 contact Robert A. Peabody, Jr., Bridgton Town Manager.

Christopher Grant                                              Town of Bridgton
Auctioneer ME Lic #1489                                 3 Chase St, Ste 1
294 So. High Street                                            Bridgton, ME
Bridgton, ME                                                       207-647-8786