RE Foreclosure Auction 25-108, 20,700+/- SF Retail/Warehouse Complex
Listing ID#: 804339

Sale Location
Presque Isle, ME 04769

Sale Dates and TimesSALE IS COMPLETED
Monday Sep 8, 2025 Completed

Sale Type
Live Auction

Company Information
Keenan Auction Company, Inc. Contact: Richard Keenan Phone: 207-885-5100 Email: rjk@keenanauction.com Website: www.keenanauction.com EstateSale.com ID#: 10472 View company information and listings

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Listing Terms and Conditions
Terms:A $20,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to Keenan Auction Company, Inc. (deposited with the Auctioneer as a qualification to bid), increased to 10% of the purchase price within 5 business days of 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. Conveyance of the property will be by quit claim deed without covenants. All other terms will be announced at the public sale. For additional terms and a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request by auction #25-108. Richard J. Keenan #236. Our 53rd Year and 8,798th Auction.

Listing Terms and Conditions

Terms:A $20,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to Keenan Auction Company, Inc. (deposited with the Auctioneer as a qualification to bid), increased to 10% of the purchase price within 5 business days of 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. Conveyance of the property will be by quit claim deed without covenants. All other terms will be announced at the public sale. For additional terms and a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request by auction #25-108. Richard J. Keenan #236. Our 53rd Year and 8,798th Auction.

Listing Information
Real Estate Foreclosure Auction 25-108 Re: Rathbun Lumber 20,700+/- SF Retail/Warehouse Complex, 1.5+/- Acres 43 State St., Presque Isle, Maine Auction Date: Monday, September 8, 2025 at 10AM Preview Date: Tuesday, August 26, 2025 from 9AM-12PM Equipment To Be Sold In A Timed Online Auction SUMMARY: Land consists of a 1.5+/- acre parcel with 148.5+/- ft. on State St. and 35 +/- ft. on Parsons St. The street level parcel is located with in close proximity to downtown Presque Isle. The primary parking for approximately 25 spots is to the front of the building with side parking on each end. Improving the site is a 10,817+/- SF. 2-story showroom/office with an attached 3-bay open span building for lumber and building material storage. Adjacent to the showroom is a 4,500+/- SF. metal framed building used for lumber and material storage Along the eastern side of the property is an open storage shed with a loft and racks for lumber storage. EQUIPMENT AND INVENTORY IS BEING SOLD IN A TIMED ONLINE AUCTION ENDING, JULY 28, 2025 AT 1PM. FEATURES INCLUDE FORKLIFTS - ROLLING STOCK - BUILDING MATERIALS - POWER TOOLS - HARDWARE STORE INVENTORY - SHOP EQUIPMENT Click Here to View Equipment Web Page. REAL ESTATE PARCEL • ASSESSOR’S REFERENCE - Tax Map 39, Blk 187, Lot 43 • SIZE – 1.5+/- Acres • TOPOGRAPHY - Level l • PARKING – 17,500+/- SF. 25 Spaces • ZONING – Urban Residential 1 & Business • FLOOD ZONE – FEMA Food Map # 2300320007B • VISIBILITY - Excellent • ROAD FRONTAGE – 148.5+/- ft. on State St. and 35+/- ft. on Parsons St.. • DISTANCE TO I-95 EXIT 302 – 40.1 Miles • DISTANCE TO CANADIAN BORDER CROSSING –13.2 Miles • DISTANCE TO PRESQUE ISLE NORTHERN MAINE AIRPORT – 2 Miles • SIGNAGE – Roadside • WATER - Public • SEWER - Public AMENITIES • LOT LOCATION - In Town • STRUCTURE – Lumber Yard/Showroom/Building Material Storage • RESENT UPGRADES – 2013 • GROSS BUILDING AREA – 20,700+/- SF • STORIES - 2 • YEAR BUILT - 1950 Upgrades 2013 • ROOF – Metal/ Rubber/Asphalt • ROOF TYPE - Gabled • STRUCTURAL FRAME – Metal/Wood • FOUNDATION - Poured Concrete Slab • FLOORS - Cement • WINDOWS – Thermal Windows in Aluminum Frames • EXTERIOR WALLS – Brick/ Vinyl/Metal • INTERIOR WALLS - Painted Drywall • CEILINGS – Drop/Painted Wood/Drywall • RESTROOM - 2 • HEATING SOURCE – Oil • HEATING SYSTEM – Hot Water • COOLING – HVAC Buyer Broker Participation Available. Contact Auctioneer to Qualify. CLICK HERE FOR DETAILS!

Listing Information

Real Estate Foreclosure Auction 25-108
Re: Rathbun Lumber
20,700+/- SF Retail/Warehouse Complex, 1.5+/- Acres
43 State St., Presque Isle, Maine
Auction Date: Monday, September 8, 2025 at 10AM
Preview Date: Tuesday, August 26, 2025 from 9AM-12PM
Equipment To Be Sold In A Timed Online Auction

SUMMARY: Land consists of a 1.5+/- acre parcel with 148.5+/- ft. on State St. and 35 +/- ft. on Parsons St. The street level parcel is located with in close proximity to downtown Presque Isle. The primary parking for approximately 25 spots is to the front of the building with side parking on each end. Improving the site is a 10,817+/- SF. 2-story showroom/office with an attached 3-bay open span building for lumber and building material storage. Adjacent to the showroom is a 4,500+/- SF. metal framed building used for lumber and material storage Along the eastern side of the property is an open storage shed with a loft and racks for lumber storage.

EQUIPMENT AND INVENTORY IS BEING SOLD IN A TIMED ONLINE AUCTION ENDING, JULY 28, 2025 AT 1PM. FEATURES INCLUDE FORKLIFTS - ROLLING STOCK - BUILDING MATERIALS - POWER TOOLS - HARDWARE STORE INVENTORY - SHOP EQUIPMENT Click Here to View Equipment Web Page.

REAL ESTATE PARCEL
• ASSESSOR’S REFERENCE - Tax Map 39, Blk 187, Lot 43
• SIZE – 1.5+/- Acres
• TOPOGRAPHY - Level l
• PARKING – 17,500+/- SF. 25 Spaces
• ZONING – Urban Residential 1 & Business
• FLOOD ZONE – FEMA Food Map # 2300320007B
• VISIBILITY - Excellent
• ROAD FRONTAGE – 148.5+/- ft. on State St. and 35+/- ft. on Parsons St..
• DISTANCE TO I-95 EXIT 302 – 40.1 Miles
• DISTANCE TO CANADIAN BORDER CROSSING –13.2 Miles
• DISTANCE TO PRESQUE ISLE NORTHERN MAINE AIRPORT – 2 Miles
• SIGNAGE – Roadside
• WATER - Public
• SEWER - Public

AMENITIES
• LOT LOCATION - In Town
• STRUCTURE – Lumber Yard/Showroom/Building Material Storage
• RESENT UPGRADES – 2013
• GROSS BUILDING AREA – 20,700+/- SF
• STORIES - 2
• YEAR BUILT - 1950 Upgrades 2013
• ROOF – Metal/ Rubber/Asphalt
• ROOF TYPE - Gabled
• STRUCTURAL FRAME – Metal/Wood
• FOUNDATION - Poured Concrete Slab
• FLOORS - Cement
• WINDOWS – Thermal Windows in Aluminum Frames
• EXTERIOR WALLS – Brick/ Vinyl/Metal
• INTERIOR WALLS - Painted Drywall
• CEILINGS – Drop/Painted Wood/Drywall
• RESTROOM - 2
• HEATING SOURCE – Oil
• HEATING SYSTEM – Hot Water
• COOLING – HVAC

Buyer Broker Participation Available. Contact Auctioneer to Qualify.

CLICK HERE FOR DETAILS!

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RE Foreclosure Auction 25-108, 20,700+/- SF Retail/Warehouse Complex

Keenan Auction Company, Inc.

Contact: Richard Keenan
Phone: 207-885-5100

43 State St.
Presque Isle, ME 04769

Monday Sep 8, 2025 Completed

Listing Details
Real Estate Foreclosure Auction 25-108 Re: Rathbun Lumber 20,700+/- SF Retail/Warehouse Complex, 1.5+/- Acres 43 State St., Presque Isle, Maine Auction Date: Monday, September 8, 2025 at 10AM Preview Date: Tuesday, August 26, 2025 from 9AM-12PM Equipment To Be Sold In A Timed Online Auction SUMMARY: Land consists of a 1.5+/- acre parcel with 148.5+/- ft. on State St. and 35 +/- ft. on Parsons St. The street level parcel is located with in close proximity to downtown Presque Isle. The primary parking for approximately 25 spots is to the front of the building with side parking on each end. Improving the site is a 10,817+/- SF. 2-story showroom/office with an attached 3-bay open span building for lumber and building material storage. Adjacent to the showroom is a 4,500+/- SF. metal framed building used for lumber and material storage Along the eastern side of the property is an open storage shed with a loft and racks for lumber storage. EQUIPMENT AND INVENTORY IS BEING SOLD IN A TIMED ONLINE AUCTION ENDING, JULY 28, 2025 AT 1PM. FEATURES INCLUDE FORKLIFTS - ROLLING STOCK - BUILDING MATERIALS - POWER TOOLS - HARDWARE STORE INVENTORY - SHOP EQUIPMENT Click Here to View Equipment Web Page. REAL ESTATE PARCEL • ASSESSOR’S REFERENCE - Tax Map 39, Blk 187, Lot 43 • SIZE – 1.5+/- Acres • TOPOGRAPHY - Level l • PARKING – 17,500+/- SF. 25 Spaces • ZONING – Urban Residential 1 & Business • FLOOD ZONE – FEMA Food Map # 2300320007B • VISIBILITY - Excellent • ROAD FRONTAGE – 148.5+/- ft. on State St. and 35+/- ft. on Parsons St.. • DISTANCE TO I-95 EXIT 302 – 40.1 Miles • DISTANCE TO CANADIAN BORDER CROSSING –13.2 Miles • DISTANCE TO PRESQUE ISLE NORTHERN MAINE AIRPORT – 2 Miles • SIGNAGE – Roadside • WATER - Public • SEWER - Public AMENITIES • LOT LOCATION - In Town • STRUCTURE – Lumber Yard/Showroom/Building Material Storage • RESENT UPGRADES – 2013 • GROSS BUILDING AREA – 20,700+/- SF • STORIES - 2 • YEAR BUILT - 1950 Upgrades 2013 • ROOF – Metal/ Rubber/Asphalt • ROOF TYPE - Gabled • STRUCTURAL FRAME – Metal/Wood • FOUNDATION - Poured Concrete Slab • FLOORS - Cement • WINDOWS – Thermal Windows in Aluminum Frames • EXTERIOR WALLS – Brick/ Vinyl/Metal • INTERIOR WALLS - Painted Drywall • CEILINGS – Drop/Painted Wood/Drywall • RESTROOM - 2 • HEATING SOURCE – Oil • HEATING SYSTEM – Hot Water • COOLING – HVAC Buyer Broker Participation Available. Contact Auctioneer to Qualify. CLICK HERE FOR DETAILS!