The Shaw’s Plaza on Western Avenue in Augusta is in foreclosure and will go up for auction.

The Shaw’s Plaza which houses Shaw’s, Big Lots, Dollar Tree and other businesses, is valued at $16.4 million and generates $334,000 in property tax for the city. The mortgage holder of the building is selling the property after the owner apparently breached the conditions of a mortgage.

According to the plaza was built in the late 1960’s and is scheduled for auction on September 28th.

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