NORWAY — The former L.M. Longley & Son Hardware Store at 419 Main St. has been sold for $70,000, according to David Holt, a trustee of the Higgins Crooker Trust that owned the building.

It was announced two weeks ago that the 100 Aker Wood Frame Shop building at 413 Main St., which was also owned by the trust, was sold for $45,000.

The official closing of the two properties occurred Thursday, Feb. 25, Holt said. He said the prices reflect the repairs needed on both buildings.

The Franklin County Probate Court approved the sale of the former hardware store to John and Angela Harvey, owners of the Green Machine Bike Shop at 329 Main St., and the sale of the frame shop to Steve Traficonte in early February.

Holt said the Farmington court was used because of its convenience for the attorney.

A third property owned by the trust – a house at 20 Deering St. – was sold to former Norway Memorial Library Director Ann Siekman and her husband, Roger Crockett, for $55,000 earlier this year.

The Harveys said they will operate their bike and ski shop in the former hardware store. Their offer was one of two received by the trustees.

The 1867 Greek Revival-style brick commercial building comes with a line of large outbuildings in the rear.

Traficonte will continue to operate the frame and art supply business in the building.

Holt said he and fellow Trustee Tom Denison will move to dissolve the trust and ask the court to approve a plan for disbursing the money. The plan on disbursement of the funds is still being developed, he said.

The Higgins Crooker Trust was established in 1923 as a fund to benefit the “worthy, aged people of Norway, Maine if needy.” The three properties and about $20,000 in several bank certificates of deposit were all that was left of the trust.

Of the $55,000 selling price, Holt said a realtor received $3,000; Maine Preservation gets $25,000; the attorney handling the probate court gets about $5,000, plus there were other closing fees. The trustees do not get paid for their work. About $22,000 remains to be put back into the trust for disbursement.

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