2020 - 12 Tax Acquired Property - 132 Mechanic Street

The City of Presque Isle is offering a tax‑acquired parcel of land located at 132 Mechanic Street for sale through a competitive sealed‑bid process. Interested parties must submit a sealed bid (minimum $500) with a 10 % deposit by noon on June 30, 2020. The City may accept any bid within 30 days of the deadline, after which the successful bidder must pay the full purchase price within 30 days, and the City will deliver a Bill of Sale within 60 days of payment. The transaction is “as‑is,” with no warranties or title guarantees; the buyer assumes all risk. This opportunity is a one‑time real‑estate purchase, not a service contract. • Minimum bid: $500; deposit at least 10 % of the bid. • Bid deadline: June 30, 2020 (12 PM local). • Payment due 30 days after acceptance; title transferred within 60 days. • No warranties – buyer assumes title and condition risk.