4 Maine Auctions: Gas Stations / Convenience Stores

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4 Maine Auctions: Gas Stations / Convenience Stores ~ Selling Individually, 1 Absolute

JJManning Auctioneers is proud to offer 4 Maine Gas Stations / Convenience Stores, selling individually on Thursday, July 15, 2010.

10:00am: 57 Main St./Rt. 4, Livermore Falls, ME, k/a “Puffin Stop” Gas Station/Convenience Store
This property will be sold at Absolute Auction - to the highest bidder regardless of price. It's on a busy corner near the library and post office, in a tourist destination recreation area. The 960 sf. store and gas station sit on .52+/- acres with 101 ft. of frontage on Main St./Rt. 4 and 208 ft.on Millet St. There are 3 islands under a canopy, equipped with fire suppression.
RE TAX ASSESSMENT: $123,800
PUMPS: 3
GAS TANKS: 4 double-walled fiberglass USTs totaling 42,000 gal. installed 9/1/89 [12k, (3) 10k]
MEDEP REG. #: 4131

1:00pm: 191 Park St./Rt. 1, Rockland, ME, k/a “Puffin Stop” Gas Station/Convenience Store with fast food service. The property is in a high visibility Rt. 1 intersection in a commercial area near the railroad yard and features a chain link fence and an above ground propane storage tank. There are 2 islands under a canopy, equipped with fire suppression. The 4,617 sf. store and gas station sit on .75 acres with 145+/- ft. of frontage on Park St./Rt. 1 and 200+/- ft. on Highland St.
RE TAX ASSESSMENT: $557,600
PUMPS: 2
GAS TANKS: 3 double-walled fiberglass USTs totaling 32,000 gal. installed 4/1/89 [12k, (2) 10k]
MEDEP REG. #: 9680

1:30 pm: 131 N. Main St., Rockland, ME, k/a “Crossroads Puffin” Gas Station/Convenience Store
The property has great visibility, located at Rt. 1A crossroads high-traffic intersection near JC Park with easy access to Rt. 1 and Rt. 17. There are 2 islands under a canopy, equipped with fire suppression plus a storage shed. The 2,100 sf. store and gas station sit on .49 acres with 202 ft. of frontage on N. Main St. and 133 sf. on Birch St.
RE TAX ASSESSMENT: $429,900
PUMPS: 2
GAS TANKS: 3 single-walled fiberglass USTs totaling 30,000 gal. installed 10/1/88 [12k, 10k, 8k]
MEDEP REG. #: 9679

4:00pm: 84 Auburn St./Rt. 26, Portland, ME, f/k/a “Auburn Street Mobile” Vacated Gas Station/Convenience Store.
The property is in a high-traffic, North Deering area on Rt. 26 close to Rt. 100 intersection, neighboring offices and Northgate Plaza/Shaw’s, between I-95/ME Tpk. and I-295. There are 4 islands under a canopy, equipped with fire suppression. The 581 sf. store and gas station sit on .65 acres with 200 ft. of frontage.
RE TAX ASSESSMENT: $545,030
PUMPS: 4
GAS TANKS: 3 single-walled fiberglass USTs totaling 30,000 gal. installed 4/1/98 [(3) 10k], closed 3/9/07
MEDEP REG. #: 3430

The Terms of Sale include a 10% deposit of which $20,000 Per Property must be presented in cash, certified or bank check at the auction. The remainder of the 10% deposit in wire transfer, cash, certified or bank check is due by 5pm ET on Tuesday, 7/20/10. The balance is due in 45 days. There is a 10% Buyer's Premium. Other terms, if any, will be announced at the sale.

Visit http://www.JJManning.com for Online Bidding Terms. There is a mandatory 72 hour pre-registration.

A 2% Broker Commission is being offered. See website for terms. There is a mandatory 48 hour broker pre-registration.

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JUSTIN MANNING
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