Current Price:$99,900List Date:1/09/2026Last Modified:1/09/2026
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.
Status: ActiveOriginal List Price: 99900List Price: $99,900Current Price: $99,900
Property Information
Primary Use: OfficeSurveyed: YesDeed/Conveyance Type Offered: OtherOther Deed/Conveyance Type Offered: Municipal Release DeedDeed: AllYear Built: 1900Year Renovated +/-: 1970Total # Floors: 2SqFt Finished Total: 10000Lot Size Acres +/-: 0.58
Commercial Bldg Information
Office SqFt +/-: 2Total Units: 4
Water Info
Water Frontage: YesWater View: YesWater Body Name: Presque Isle Stream
Utilities
Utilities On: No
Property Features
Location: Business District; Downtown; Near Airport; Near Shopping; Public Transport Access; Water View; WaterfrontSource of Water Frontage: Public RecordsWater Body Type: StreamConstruction: Wood FrameLevels: Multi-LevelProperty Uses: Commercial; Office BuildingBasement: FullFoundation Materials: Poured ConcreteExterior: ClapboardRoof: ShingleHeat System: Hot WaterHeat Fuel: OilCooling: NoneFloors: Carpet; LinoleumBuilding Features: Fire System; Sprinkler - DryParking: 1 - 4 Spaces; PavedElectric: Circuit BreakersGas: No GasSewer: Public SewerWater: Public