Affordable housing? A trampoline park? The sky is the limit for the Penobscot property at 12 North Penobscot Road. Formerly the Penobscot Nursing Home, this massive structure sitting on three acres of land is being offered for sale by Tranzon, a real estate firm, with bidding taking place between November 20 and 27. The online, auction-style sale is an attempt to sell the property, which, after a dozen years, multiple law suits and a June foreclosure proceeding is back in the hands of its original owners, Betlins Corporation, run by Christie Hayward, daughter of former owner Wendell Dennison.

Foreclosure News

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