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Mixed-Use Building Ready for Renovation
For Sale
$125,000

154 State Street, Presque Isle, ME 04769

COMMERCIAL - Presque Isle, ME

Property Size4,320 SF
Lot Size0.05 Acres
Price / SF$28.94
Days on Market170

Property Features for 154 State Street

General Information

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

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1670

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1917
Building materials Masonry, Brick
Listing Agency: RE/MAX County · RE/MAX International
Listed By: Timothy Adler
Added: Feb 23 Changed: Aug 4 Last Checked: Aug 12 at 1:06AM
MLS# 1633873

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use building at 154 State Street is positioned for renovation and redevelopment. The existing layout includes two units on the ground floor, suitable for office or retail use, with two residential apartments on the second floor. A basement is listed as part of the property’s configuration.

Built in 1917 with masonry and brick construction, the property sits on a 0.05-acre lot with 4,320 square feet of total space. Parking is available on street, and utilities include public water and public sewer service. The building is described as being just off Main Street in Presque Isle.

The combination of street-level flexible space and upstairs residential units can support a variety of mixed-use occupancy plans following renovation.

Key Highlights

  • Mixed‑use layout with two ground‑floor units plus two residential apartments
  • 4,320 SF total building size on a 0.05‑acre lot
  • Downtown Coml. zoning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby

Demographics for 04769, ME

8,797
Population
4,568
Households
1.9
Avg Household Size
45
Median Age
27%
College-Educated
93%
High-School Grad
75.8 sq mi
ZIP Area
116
Density / Sq Mi
$57,396
Median Household Income
$38,091
Median Earnings
$875
Median Rent
$142,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown Coml. mixed-use building with two ground-floor units and two residential apartments, built in 1917.
Where is this mixed-use property located?
The property is located at 154 State Street Presque Isle, ME.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Mixed‑use layout with two ground‑floor units plus two residential apartments; 4,320 SF total building size on a 0.05‑acre lot; Downtown Coml. zoning
More about this property
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