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  5. ›2020 - 8 Tax Acquired Property - 20 Braden Street

City of Presque Isle·Maine

2020 - 8 Tax Acquired Property - 20 Braden Street

Closes 6/30/2020$5k – $10kInvitation for Bid
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Description

The City of Presque Isle is offering a tax‑acquired parcel at 20 Braden Street for sale through a sealed‑bid process. Interested parties may submit a bid that meets the minimum price and deposit requirements, after which the City will evaluate and may accept any bid within a 30‑day window. The transaction is “as‑is” with no title warranties, and the buyer must complete payment and accept the property within specified periods. • Minimum bid amount: $5,300. • Deposit required: at least 10 % of the bid (minimum $530), refundable if unsuccessful. • Bids must be sealed, marked appropriately, and delivered by the deadline. • City may accept any bid or reject all; acceptance is communicated by signed notice. • Full payment due within 30 days of acceptance; title transferred via Bill of Sale within 60 days after payment and code compliance. • No warranties; buyer responsible for due‑diligence on title and property condition.

Attached files

Key dates

Opened
6/1/2026
Closes
6/30/2020

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531210
Solicitation №
2020-8

Budget estimate

$5,300 – $10,000

This opportunity does not involve a vendor payment; instead, the “budget” is the purchase price the buyer must provide. Assuming a bid at the minimum amount, the buyer would spend roughly $5,300, with higher bids potentially reaching $10,000 or more depending on market interest. Thus, the financial outflow (cost) ranges from the minimum bid up to the amount the buyer chooses to offer.

AI estimate from the solicitation

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