Real Estate Foreclosure Auction 26-91 256 Presque Isle rd 10,531 SF 100% Leased Retail Building Ashland, ME 04732 For Sale

Real Estate Foreclosure Auction 26-91
Re: Ashland Food Mart
10,531+/-SF Grocery Store Complex
3.09+/- Acres - FF&E
256 Presque Isle Road, Route 163
Ashland, Maine
AUCTION DATE: Tuesday, July 28, 2026 at 11AM On Premises
PREVIEW DATE: Thursday, July 16, 2026 from 10:30-11:30AM
The former Ashland Food Mart is a 10,531+/-SF grocery store complex serving the Town of Ashland and the surrounding communities. The site enjoys excellent exposure and access to Route 163 and has direct access to both ATV and snowmobile trail systems. The 1-story building has a traditional open space interior design with 9-10 aisles, perimeter departments including deli/meat with cutting and packaging, dairy, bakery with oven, proofing and prep area, produce, walk-in cooler, and customer service with office. There are three checkout counters. Additional features include covered entry with cart storage, ample paved parking, basement for storage, rear delivery/warehousing, mechanical/compressor room, and a detached 24’X36’ 1-story outbuilding with a 12’x24’ canopy porch. Reference Ashland Tax Map 39, Lot 11.
Buyer Broker Participation Available, Contact Auctioneer for Qualifications.
SITE
• LOCATION: Town of Ashland, County of Arroostook, State of Maine – 256 Presque Isle Road, Route 163. 18 miles to Presque Isle, 13 miles to Portage, 11 miles to Masardis, 11 miles to Mapleton.
• LOT SIZE: 3.09+/- Acres
• FRONTAGE: 441.70+/- ft. on Route 163
• ACCESS: Good
• VISIBILITY: Good
• SHAPE: Irregular
• TOPOGRAPHY: Gradual downward slope from roadway
• SITE IMPROVEMENTS: Asphalt paved parking areas, signage, yard lighting, and drainage
• ZONING: Commercial
• FLOOD ZONE: Zone C FEMA Map & Date, 230012 0005 B, effective on 11/15/1985
• PARKING: 21+ paved parking spots
• WATER/SEWER: Private
IMPROVEMENTS
• BUILDING: 1 building
• OUT BUILDING: Former Redemption Center
• GROSS BUILDING AREA: 10,531+/- SF Main Store – 864+/- SF Outbuilding w/ 288+/-SF Covered Porch
• BUILT: 1982
• STRUCTURAL FRAME: Wood frame
• FOUNDATION: Poured concrete - Slab in lower level
• EXTERIOR WALLS: Vinyl siding
• ROOF: Gable
• ROOF COVERING: Asphalt shingle
• DOORS: Glass, wood and metal
• FLOORING: Commercial grade linoleum and concrete
• INTERIOR WALLS: Painted drywall, paneling
• INTERIOR CEILINGS: Drywall and acoustical tiles
• SPRINKLED: None
• INTERIOR LIGHTING: Fluorescent and incandescent
• RESTROOMS: The property features adequate restrooms for men and women.
• ASSESSOR ID: Map 39, Lot 11
Directions: From downtown Presque Isle heading north on Route 1, Main Street, left onto Rt. 163, follow 19.4 miles to property on the right. From South of Ashland heading north on Rt. 11, once in town turn right onto Rt. 163, follow .6 miles to property on the left.
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), increased to 10% of the purchase price within 5-business days of the public sale, with balance due and payable within 45 days from date of auction. 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 visit KeenanAuction.com or call (207) 885-5100 and request by auction number 26-91. Richard J. Keenan #236. Our 54th Year and 8,918th Auction.