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$99,900
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Property Description
Commercial building with 4 apartment units on the second floor. 1 unit has 2 bedrooms and the other 3 are 1 bedroom units. On site laundry is set between the 4 units. The main level has 2 large commercial spaces. Building has a full sprinkler system that is currently out of service and is zoned Urban Residential 2 and Business. Property includes parking lot across the street of nearly 1/4 acre, enough to park multiple cars. The full basement is under the entire building and would be the perfect place for storage. Building is sprinklered and is zoned Urban Residential 2 and Business. This property would make a great investment as the income from the units would pay the mortgage and property taxes. Due to deferred maintenance the building is being sold ''as is'' and a property inspection is recommended. It will be conveyed with a municipal release deed, which may require a cash buyer.The Seller's title is premised upon the statutory foreclosure of Municipal Tax Lien(s) pursuant to 36 M.R.S. §943. As such, the Seller will provide only a Municipal Release Deed, without warranty or covenant of good, marketable, or insurable title.
Full Property Details
Full Property Details for MLS# 1648949
General
- Price: $99,900
- Taxes: $5,342 (2024)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1648949
- Updated: 1/9/2026
- Added to Site: 7 day(s) ago
Business
- Business Type: Commercial, Office Building
Interior
- Flooring: Carpet
Parking
- Parking Features: 1 - 4 Spaces, Paved
Location
- County: Aroostook
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Clapboard, Wood Frame
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 10000
- Square Feet: 10,000
- Living Area: 10,000 Sq. Ft.
- Year Built: 1900
- Other Struct. Feat.: Fire System, Sprinkler - Dry
Lot Features
- Lot Size (Acres): 0.58
- Lot Size (Sq. Ft.): 25,264.8
- Zoning: Urb Res 2, business
- Lot Description: Waterfront, Water View, Public Transport Access, Near Airport, Downtown, Business District, Near Shopping
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $5,342
- Tax Year: 2024
Disclosures and Reports
- Ownership: Municipal Release Deed
- Lot Number: 73, 19, 20
Listed by Big Bear Real Estate Company (207) 764-4600
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Price & Sales History for MLS# 1648949
Date
Details
Price
Change
Source
1/09/2026
Listed
$99,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for MLS# 1648949
MLS# 1648949, Presque Isle, ME 04769 (MLS# 1648949) is a Commercial property. MLS# 1648949 is currently listed for $99,900 and was received on January 09, 2026. Want to learn more about MLS# 1648949? Do you have questions about finding other Commercial real estate for sale in Presque Isle? You can browse all Presque Isle real estate or contact a Coldwell Banker agent to request more information.

