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Mixed-Use Building with Apartments
For Sale
$69,900

Presque Isle, ME 04769, Presque Isle, ME 04769

Commercial Sale, Presque Isle, ME

Property Size10,000 SF
Lot Size0.58 Acres
Price / SF$6.99
Days on Market74

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Zoning Urb Res 2, business
Rooms Basement
Basement Full
Lot features Waterfront, Water View, Public Transport Access, Near Airport, Downtown, Business District, Near Shopping
Standard status Active
Size 10,000 SF
Lot size 0.58 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5342

Utilities

Sewer type Public Sewer
Heating system Oil, Hot Water(Heating)
Water source Public

Amenities

on-site laundry

Building Details

Year built 1900
Number of units 4
Flooring type Carpet, Linoleum
Building materials Wood Frame, Clapboard
Roof type Shingle
Listing Agency: Big Bear Real Estate Company
Listed By: Charles Johnston
Added: Jul 16 Changed: Sep 12 Last Checked: Sep 27 at 1:06PM
MLS# 1648949

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 10,000-square-foot mixed-use building combines four apartments on the second floor with two large commercial spaces at street level. The residential layout includes one two-bedroom unit and three one-bedroom units, while a shared laundry area serves the apartment level. A full basement extends beneath the building and provides additional storage space. The property sits on a 0.58-acre lot and includes a parking area across the street measuring nearly 1/4 acre.

Constructed in 1900, the building has wood-frame and clapboard construction, shingle roofing, linoleum and carpet flooring, oil-fired hot-water heat, public water, and public sewer. It is zoned Urban Residential 2 and Business. The sale is offered as-is, with deferred maintenance noted and a property inspection recommended. Conveyance will be by municipal release deed without warranty or covenant of good, marketable, or insurable title, and the deed structure may require a cash buyer.

Key Highlights

  • Four second‑floor apartments: one 2‑bedroom unit and three 1‑bedroom units
  • Two large commercial spaces occupy the main level
  • 10,000 square feet on a 0.58‑acre lot

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

6
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four second-floor apartments accompany two large commercial spaces, with shared laundry and parking across the street.
Where is this mixed-use property located?
The property is located at Presque Isle, ME.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: Four second‑floor apartments: one 2‑bedroom unit and three 1‑bedroom units; Two large commercial spaces occupy the main level; 10,000 square feet on a 0.58‑acre lot
More about this property
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