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    154 State Street Pl Presque Isle, ME 04769

    Sponsored
    For Sale
    $150,000

    COMMERCIAL - Presque Isle, ME

    Property size:
    4,320 SF
    Lot size:
    0.05 Acres
    Days on Market:
    23
    Last Refresh:
    Jan 7 at 12:06 am

    Property Features for 154 State Street Pl

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Downtown Coml.
    Rooms
    Basement
    Parking features
    On Street
    Basement
    Full
    Size
    4,320 SF
    Lot size
    0.05 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1917
    Building materials
    Brick, Masonry

    RE/MAX County (207) 769-2900 [email protected]

    Listing agent Timothy Adler (207) 769-2900

    Listing date Dec 16, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Presque Isle

    This mixed-use building, located in Presque Isle just off Main Street, presents a unique investment opportunity. The property, zoned for Downtown Commercial use, features an existing layout with two ground-floor units suitable for offices or retail spaces, and two residential apartments on the second floor. The building offers 4,320 square feet of space on a 0.05-acre lot. The versatile configuration of this property provides considerable potential for revitalization, capitalizing on its location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Presque Isle
    County
    Aroostook
    State
    Maine
    Longitude
    -68.020009
    Latitude
    46.683144

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in prime location ready for renovation.
    Where is this mixed-use property located?
    The property is located at 154 State Street Pl Presque Isle, ME.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Prime Presque Isle location, just off Main Street; - Mixed-use building with retail/office and residential potential; - Versatile configuration with two ground floor units and two second-floor apartments
    (207) 227-1672
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    154 State Street Pl Presque Isle, ME 04769
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