
Months after Oxford County Chrysler Dodge Jeep RAM was closed and seized by its main creditor, Massachusetts-based bank Rockland Trust Co., the property in Paris has been put up for sale.
Listing agent Justin Lamontagne of the Dunham Group said it is being sold by Five County Credit Union, which is headquartered in Bath.
“The credit union holds a clear title to the property, free of all encumbrances,” he said.
The list price is $2.6 million for a parcel comprising 4.77 acres and four buildings totaling 27,659 square feet. Lamontagne said the listing has attracted considerable attention online. He said he has spoken with several interested parties and shown it to a few prospective buyers over the past week or so.
He added that for the most part people viewing the property are involved in the automotive sales and service business, but the Dunham Group is promoting it as a multiuse commercial opportunity for a wider range of retail or light industrial uses.
According to documents at Cumberland County Superior Court in Portland, when the dealership closed April 4, Southern Hall LLC and John L. Emerson were indebted to Rockland Trust Co. for $4.46 million against inventories totaling $946,945.
Bill MacDonald, owner of a Stellantis dealership in Bridgton and a Ford dealership in Conway, New Hampshire, said last spring that Stallantis would have first right of refusal for brands sold at the Paris dealership.
Stellantis produces Chrysler, Dodge and Jeep brands sold by several of the previous owners.
On Sept. 10, MacDonald wrote in an email that he had no information on Stellantis’ association with the 209 Main St. property.
“Each dealership is an independent franchise of Stellantis,” he said. “They do not share individual dealership happenings with others.”
We invite you to add your comments. We encourage a thoughtful exchange of ideas and information on this website. By joining the conversation, you are agreeing to our commenting policy and terms of use. More information is found on our FAQs. You can modify your screen name here.
Comments are managed by our staff during regular business hours Monday through Friday as well as limited hours on Saturday and Sunday. Comments held for moderation outside of those hours may take longer to approve.
Join the Conversation
Please sign into your Sun Journal account to participate in conversations below. If you do not have an account, you can register or subscribe. Questions? Please see our FAQs.