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  5. ›2020 - 7 Tax Acquired Property - 9 Water Street

City of Presque Isle·Maine

2020 - 7 Tax Acquired Property - 9 Water Street

Closes 6/30/2020$5k – $20kInvitation for Bid
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Description

This solicitation invites sealed bids for the purchase of a tax‑acquired parcel of land located at 9 Water Street in Presque Isle, Maine. The City of Presque Isle is selling the 0.18‑acre lot “as‑is” with no warranties or title guarantees; buyers must conduct their own due‑diligence and satisfy local code requirements before title can be transferred. Interested parties must submit a sealed bid and a deposit equal to at least 10 % of the bid amount by the stated deadline. The successful bidder must pay the full purchase price within 30 days of acceptance and complete the property transfer within 60 days thereafter.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
7/7/2026
Closes
6/30/2020

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531210
Solicitation №
2020‑7 Tax Acquired Property

Budget estimate

$5,100 – $20,000

The only monetary figure disclosed is the minimum bid of $5,100. Assuming a competitive market for a small 0.18‑acre lot in a modest town, the likely purchase price could range from the minimum up to roughly $20,000 if a developer sees higher potential. Hence, the client’s expected earnings (i.e., the value of the acquired property) would be in that band.

AI estimate from the solicitation

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