Former Pump House - Cobbosseecontee Lake Adjacent Winthrop, ME

Property Location MAP

28 Turtle Run Road
Winthrop, ME 04364

Property #: AP26058

Contact Agent

Mike Carey
Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com
Let's get the strange part out of the way first: there is a 500,000-gallon holding tank sitting in a 19' tall sub-basement beneath this building. This was Winthrop's municipal pumping station, and while the town took the pumps, the wiring, and everything else with them, they left the tank. It's still down there, quietly being enormous.
 
Above it: 2,840+/- sq. ft. of brick and masonry, built in 1968, on 2.3 wooded acres near the shore of Cobbosseecontee Lake with a full basement (2,840+/- sq. ft.). It's an honest kind of empty up top too. No heat. No plumbing. No active electrical but recently installed electric service stubbed to the exterior. Flat roof, poured concrete floors, masonry interior walls, 10-foot ceilings, and a full, unfinished basement running the building's entire footprint. 
 
What you're buying is 2.3 acres in a lake-adjacent setting, a very solid and very blank structure, and a half-million-gallon holding tank underneath it that most buildings simply don't have. This is a solid building with a very large waterproof hole in the ground underneath it and a past life it's not shy about.
 
Michael B. Carey | ME AUC Lic. 1466 | ME RE Lic. #DB919594

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Mike Carey

Mike Carey: Tranzon Auction Properties

207-776-1936 mcarey@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: The greater of $5,000 or ten percent (10%) of the high bid.
  • Closing: 45-day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: Ten percent (10%) of purchase price (high bid + buyer’s premium) due within twenty-four (24) hours of auction end.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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