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  5. ›2020 - 9 Tax Acquired Property - 23 Park Street

City of Presque Isle·Maine

2020 - 9 Tax Acquired Property - 23 Park Street

Closes 6/30/2020$7k – $15kInvitation for Bid
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Description

This solicitation announces a public sealed‑bid sale of a tax‑acquired parcel located at 23 Park Street in Presque Isle, Maine. The City is selling the 0.19‑acre lot “as‑is” with no warranties, title assurances, or representations of habitability. Interested parties must submit a sealed bid together with a cash deposit equal to at least ten percent of the offered price. The minimum acceptable bid is $7,400. The City may accept any bid received by the deadline and will notify the successful bidder in writing. The purchaser must pay the full purchase price within thirty days of acceptance and will receive a Bill of Sale within sixty days after full payment.

Attached files

Key dates

Opened
6/1/2026
Closes
6/30/2020
Duration
90 days

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531210
Solicitation №
2020‑9‑Tax Acquired Property

Budget estimate

$7,400 – $15,000

The City will receive the purchase price from the winning bidder. The solicitation sets a minimum bid of $7,400, and additional deposits (10 % of the bid) become part of the purchase price. Assuming competitive interest, bids could range from the minimum up to perhaps $15,000 for this small parcel. Hence, the expected cash flow to the seller (the City) lies between roughly $7,400 and $15,000.

AI estimate from the solicitation

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