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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 Foreclosure Auction 25-125 - 20,000+/-SF Warehouse Building - 1.79+/- Acres - Scarborough Industrial Park - 4 Cloutier Lane, Scarborough, Maine Auction Date: Thursday, September 25, 2025 at 2PM. Auction will be held at 44 Manson Libby Rd., Scarborough, Maine - SUMMARY: Land Consists of a 1.79+/- acre Industrial-I zoned parcel located within the Scarborough Industrial Park. The level site has convenient access to U.S. Route 1, the Haigis Parkway and the Maine Turnpike. Improving the site is a circa 2006 warehouse building containing 20,000+/-SF. The steel sided building has a 30' wall height and ceiling heights ranging from 22'-24'. Features include wet sprinkler system, radiant heat, and (2) loading docks and (1) ground level OH door, and an office area. REAL ESTATE PARCEL ASSESSOR'S REFERENCE - Tax Map R62, Lot 2B. SIZE - 1.79+/- Acres TOPOGRAPHY - Level for improved area, slight slopes to side and rear yards PARKING - Paved 12+/- Spaces ZONING - I-Industrial VISIBILITY - Average ACCESS - Good DISTANCE TO Maine Turnpike EXIT 22 - 2.1 Miles DISTANCE TO US Rt.1 - .7 Miles DISTANCE TO PORTLAND JETPORT - 7.6 Miles SIGNAGE - Roadside UTILITIES - All public including water, sewer, electricity, data and gas DESCRIPTION OF IMPROVEMENTS GROSS BUILDING AREA - 20,000+/- SF, 1,096+/- SF finished STORIES - 1 YEAR BUILT - 2006 STRUCTURAL FRAME - Steel WALL/CEILING HEIGHTS - 30' wall height and ceiling heights ranging from 22'-24' FOUNDATION - Poured concrete with frost wall footings with concrete slab WINDOWS/DOORS - Three typical industrial style entry passage doors; six thermopane slider windows; two dock height overhead doors of 8'x10' each with levelers and bumpers and one overhead drive in door of 14'x14' EXTERIOR WALLS - Steel frame INTERIOR WALLS - Painted Drywall CEILINGS - Wire mesh protecting blanket fiberglass insulation under roof RESTROOMS - 2 ELECTRICAL - 400 amp main entrance panel, Square D, ample circuit breakers, 240v/48v for warehouse, 200 amp sub panel for office LED lighting in warehouse HVAC - Gas fired wall heaters and infrared space heaters above entry points HVAC units, forced hot air, air conditioned heat pumps SPRINKLERS - Full wet coverage, 8" riser, Grinnell SECURITY - Life, fire-safety and intrusion alarms Preview: (Pending Access) Thursday, September 11, 2025 from 1-2PM Contact Auctioneer's office to confirm access prior to attending. Buyer Broker Participation Available. Contact Auctioneer For Qualifications. Terms: A $100,000 (One Hundred Thousand Dollars) deposit to bid (nonrefundable as to highest bidder) in CASH, WIRE or CERTIFIED U.S. FUNDS, made payable to Keenan Auction Company, Inc., Increased to 10% of the purchase price within 5-calendar days of the public sale, with balance due and payable within 30 days from date of auction. All other terms will be announced at the public sale. For a Property Information Package containing additional terms contact the auctioneers office and request by auction #25-125. Our 53rd Year and 8,810th Auction.