34 36 North St, Presque Isle, ME 04769

Property Description

Positioned on a high-visibility 1.03-acre lot in Presque Isle's reputable in-town business district, this premier commercial portfolio features two single-story buildings totaling 9,256 sq. ft. Gross Building Area (GBA) across 7 flexible units. Surrounded by established enterprises, the site offers excellent curb appeal, dedicated tenant signage, public water/sewer, and steady daily traffic. (Note: Real estate sale only—all existing tenant businesses remain fully operational and thriving.) Anchor Tenancy & Lease Opportunities: The complex is backed by a reliable, established tenant roster across retail, insurance, and professional services. Several tenants have demonstrated long-term commitment through multi-year renewals, while near-term lease expirations and one currently vacant suite present immediate value-add opportunities for upside on upcoming renewals and absorption. Each tenant pays their own separate electric usage. Property Configuration: 34 North Street (6,400 sq. ft. GBA): 4 office suites & 1 prominent retail space. 36 North Street (2,856 sq. ft. GBA): 1 prominent retail suite & 1 full office suite. Capital Upgrades: Constructed in 1990 on slab foundations with classic mason stone exteriors, the property has received substantial capital updates: 80% of rooftop A/C units replaced, 2 new high-efficiency heating furnaces installed, fresh interior remodels across 3 units, and a fully repaved wrap-around driveway. An exceptional turnkey commercial asset with strong in-place stability, key upgrades completed, and immediate revenue expansion potential in a Premier business district in Presque Isle.