Real Estate Foreclosure Auction 26-38 161 Main St 10,179 SF 100% Leased Retail Building Newport, ME 04953 For Sale

Real Estate Foreclosure Auction 26-38
11-Unit Apartment Building
"Under Construction"
161 Main St., Newport, Maine
Wednesday, May 6, 2026 at 11AM
Real Estate: Consists of a .26+/- acre parcel with 45+/- ft. of frontage on Main St. and 157+/- ft. on Mill St. Improving the site is a brick, metal framed brick, three story (11) Unit apartment building under construction designed with (5) 1-bedroom 1-bath units, (5) 2-bedroom 1-bath units and (1) 1-bedroom 1-bath unit. There is also a separate .27+/- acre lot, currently used as public parking. Reference Tax Map 15, Lot 117 and 119A.
Preview Date (Pending Access): Monday, April 20, 2026 2:30-3:30pm
Buyer Broker Participation Available. Contact Auctioneer to Qualify.
Terms: A $25,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., Inc. (deposited with the Auctioneer as a qualification to bid), increased to 10% of the purchase price within 5 business days of the public sale with balance due and payable within 30 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. All other terms will be announced at the public sale. For a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request by auction #26-38. Richard J. Keenan #236. Our 54th Year and 8,876th Auction.