BANGOR DAILY NEWS • December 19, 2025
A legacy Presque Isle lumberyard is back on the market three months after it sold at a foreclosure auction. The former Rathbun Lumber Co. was listed for $499,000 through RE/MAX County in late November. It was purchased by Glendon Braley and Green Meadow Farms Inc. of Mapleton at auction in September for $250,000, documents filed in the Southern Aroostook Registry of Deeds show and a Green Meadow employee confirmed Thursday. The lumberyard was run by the Rathbun family at 43 State St. from 1948 until 2016, when owner Alden Rathbun sold it to longtime employee James Mclaughlin. It last sold for $275,000.