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.
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