UPDATE: Tina Fitzsimmons was the high bidder at $80,000. She will also take on the $226,000 still owed on the property. Fitzsimmons is the business owner of Ship's Chow Hall, which is in the building along with the closed Huber's Market.

Original post: Huber’s Market on Route 1 in Wiscasset will be auctioned off Tuesday, Jan. 29 by The First, N.A., along with Ship’s Chow Hall.

Kyle Yacaben purchased the business, which included the Ship’s Show Hall building, from the original owner Gordon Huber, in January 2007.

A fire in December of 2010 destroyed the store, and after nearly a year of being closed, Yacaben reopened the store for a short period of time.

According to a public notice, the property is currently owned by K2 Holdings with the First N.A. being the mortgage holder. Because the conditions of the mortgage were breached, the bank foreclosed and the property is now up for public auction.

The notice states: “All bids will be accepted beginning at 9:30 a.m. January 29, 2013.  All bidders will be required to deposit $10,000 in cash or a certified U.S. funds made payable to Pierce Atwood LLP in order to register to bid.

“The property will be sold to the highest bidder, who must leave the deposit as a non-refundable down payment. The highest bidder will also be required to sign a purchase and sale agreement calling for a closing on or before February 28, 2013. Other items may be announced at the site.”

For further information regarding the property, the sale, legal and bidding details, contact the bank’s attorney, Jacob A. Manheimer, of Pierce Atwood, 254 Commercial Street, Portland, or at 207-791-1338.

Efforts to reach Yacoben for comment have been unsuccessful.

Charlotte Boynton can be reached at 207-844-4632 or cboynton@wiscassetnewspaper.com.