16 School St., Sanford, ME 04073

New

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 26-45 Formerly 150-Seat - 6,900+/-SF Restaurant Building 16 School Street, Sanford, Maine Auction: Wednesday, July 29, 2026 at 1PM Real Estate: Consists of a 150-seat 2-story restaurant building with space for outdoor seating. The 6,900+/- SF facility was remodeled in 2019 and the first floor boasts the main dining room and a commercial kitchen area. The second floor has a horseshoe bar with space for (22) stools and seating for 75+ patrons. The finished basement has walk-in coolers, freezers, a kitchen prep area and storage. Equipment is not being sold with the restaurant. Reference Tax Map K30, Lot 43. Preview: (Pending Access):Monday, July 13, 2026, from 11:30AM-1PM Please contact the office prior to attending to confirm we have access on this date. Buyer Broker Participation Available. Contact Auctioneer to Qualify. Terms: A $25,000 deposit in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., Inc., (deposited with the Auctioneer as a qualification to bid), with balance due and payable within 45 days from date of auction. The deposit must be increased to 10% of the purchase price within 5-business days of the public sale. The property will be sold by public auction subject to all outstanding municipal assessments. All personal property, food service equipment, furnishings, and electronics will be sold together with the real estate as an entirety. All other terms will be announced at the public sale. For a Property Information Package contact the auctioneers office and request by auction number 26-45. Our 54th Year and 8,880th Auction.