ELLSWORTH — The facility that housed the former Penobscot Nursing Home is under contract, according to Tranzon Auction Properties.
There is no word yet, however, on what the property’s future use will be.
Tranzon’s Senior Vice President Jill Daviero said her firm held an online auction for the property from Nov. 20-27.
“It was a one-week period where people could bid,” Daviero said. “The party has up to 45 days to finalize the transaction.”
Daviero said she could not disclose information about the terms of the contract or the buyer until closing.
The minimum bid for the three-plus-acre parcel was $50,000, she said. Tranzon had a handful of bidders.
The building at 12 North Penobscot Road has a full sprinkler system and a commercial kitchen as well as an on-demand GenSet generator, according to a property listing.
The property was most recently known as Northern Bay Residential Living Center. The 42-bed assisted living facility closed in 2017.
The nursing home had a troubled history ranging from financial issues to problems involving care of its residents.
Since 2009, the facility had been under receivership, meaning its day-to-day operations were managed by an outside entity while the owners, Eagle Landing Residential Care, tried to make the operation financially viable.
Court documents showed that the owners’ financial difficulties were widespread and that vendors stopped supplying food there because of unpaid bills.