Bank-Owned Property For Sale: Mexico

467 River Road, Mexico

  • Property Data:
    • Built in 2005, Large Commercial Garage with 1st & 2nd Floor Apartments
    • Acres: 75 +/-
    • Map Reference: Map 01 Lot 12
    • Annual Taxes: $2,955.04
    • Square Footage: 2,600 +/- Large Commercial Garage with 1st Floor 1 Bedroom 1 Bath In-Law Apartment. 2nd floor 5 Room 2 Bedroom 1 Bath Apartment.
    • Utilities: Water and Sewer, Private. Electric, Public
    • Heating: Baseboard, Direct Vent Furnace, Forced, Hot water, Radiant Oil
    • Additional Information: Shingled Roof, Metal Siding, Concrete Slab, Great Location for a Business.


143 Main Street



467 River Road


Pursuant to 14 M.R.S., Section 6323

By virtue of a Judgment of Foreclosure and Sale granted by the Maine District Court, Division of Northern Oxford, Docket No. RUM-RE-18-0033 in an action brought by Franklin Savings Bank against Joseph N. Bordeau, for the foreclosure of a mortgage deed recorded at Book 3923, Page 327 Oxford County Registry of Deeds, the statutory ninety (90) day redemption period having elapsed without redemption, notice is hereby given that there will be sold at public sale at the offices of Franklin Savings Bank, 155 Congress Street, Rumford, Maine 04276, on Tuesday, October 8, 2019 at 2:00 p.m., the following described premises:-

Being land and buildings at 467 River Road in Mexico, Oxford County, State of Maine, further described in said mortgage deed of Book 3923, Page 327 Oxford County Registry of Deeds.

An open house will be held at the premises Tuesday, October 1, 2019 from 2:00 p.m. to 4:00 p.m.

Inquiries may be directed to Sarah Baker, Franklin Savings Bank, 209 Main Street, P.O. Box 825, Farmington, Maine 04938, 207-778-2900, email:;

The sale shall be subject to any condition which a title search would reveal, any unpaid taxes or assessments and any facts which an accurate survey of the premises might show. The sale shall also be subject to any condition which any examination or inspection including any engineering or environmental testing of the premises might reveal, condition of the premises being “AS IS” with no warranties regarding condition, permitted use or value of the premises.

Franklin Savings Bank will sell the above-described premises to the highest bidder(s) subject to the within conditions and limitations at said public sale(s) and shall deliver a quitclaim deed to the purchaser free and clear of the interest of all applicable parties. Further terms are as follows:-

As a qualification to bid each prospective bidder shall be required to submit a bank or certified check payable to Franklin Savings Bank in the amount of $1,000.00, which will be returned if the bidder is unsuccessful, and which amount shall be retained as a deposit on the purchase price of the successful bidder; the balance of the purchase price shall be by certified or cashier’s check within thirty (30) days after the time of sale(s). Additional terms will be announced at the sale(s).

DATED this 30th day of August, 2019.


By: S/Paul H. Mills_________________
Paul H. Mills, its Attorney
duly authorized in this matter
163 Main Street – P.O. Box 608
Farmington, Maine 04938