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Seven River Valley area properties will be on the auction block Wednesday, ranging from a former restaurant in downtown Rumford and a former mill in Peru to several now-vacated homes in Canton.

Adrian Harris, a Farmington auctioneer and realtor, will conduct the auctions.

Beginning at 9 a.m. at the former Diamond Match mill in Peru, Harris will auction off about 90,000 square feet filling four or five buildings of the rambling mill along with nearly eight acres of adjacent land.

He said the site will be open for inspection one hour prior to the sale. It’s owned by the River Valley Growth Council, which oversaw removal of hazardous materials, earning approvals for the sale by the Environmental Protection Agency and the Maine Department of Environmental Protection. The complex is also in a state Pine Tree Zone, which entitles certain businesses to tax advantages.

Harris said he has had a few inquiries about the property.

No minimum bid is required. However, a deposit of 10 percent of the winning bid must be paid at the time of sale and closure must be completed within 30 days.

At 11 a.m., the former Penalty Box Sports Bar and Restaurant, located at the corner of Exchange and Canal streets in downtown Rumford, will be auctioned to the highest bidder, providing the bid meets a minimum established by the bank which owns the property. Harris declined to name the bank or the minimum bid. He did say that several people have expressed interest in the property.

The restaurant closed more than a year ago and has remained vacant. At least four apartments located above the restaurant are part of the property.

All bidders must present a $2,000 deposit and the winning bidder must close on the property within 30 days.

At 6 p.m., the continued sale and demolition of homes located in the Canton floodplain begins. This is part of the town’s goal to buy out approximately 65 buildings, then relocate the village to higher ground on Edmunds Street.

Harris said four homes and a metal building are up for bid. They’re on Pleasant and School streets. Winning bids must be paid at the auction site, which will be at the town office on Mill Street. Those submitting the highest bids will be allowed to take what they want from the buildings. Whatever remains will be demolished by the town.

Despite the number and types of properties, Harris said each auction will likely take about 10 minutes.

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