



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. Call Lehrle Kieffer to learn more.
| Year | Tax amount | |
|---|---|---|
| 2026 | USD $15724 | NZD $27,649* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Kieffer Real Estate
Property ID: 110120056558
Original Property ID: 3yd-MREISME-1682597