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Listed by Tyson Wilkins Waypoint Brokers Collective
$ 1,595,000
Est. payment /mo
New
15 Pine ST Portland, ME 04102
3,842 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,842 sqft
Price per Sqft $415
MLS Listing ID 1680719
HOA Y/N No
Year Built 1900
Tax Year 26
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Mixed Use
Source Maine Listings
Land Area 3842
Property Description
A rare and compelling investment opportunity in the heart of Portland's prestigious West End. This stately Federal-style brick building, constructed in 1830, is home to the acclaimed Percy Inn-a six-bedroom bed and breakfast consistently recognized among the best in its class by multiple publications. A purchaser may acquire a fully operational, turn-key hospitality asset, with most furnishings included, allowing for immediate continuity of business. The property's historic grandeur is evident throughout, featuring soaring ceilings, refined period woodwork, grand front entry doors, a dramatic curved staircase, and expansive bedrooms, each with a private ensuite bath. These architectural elements also lend themselves beautifully to conversion back to an elegant single-family residence or luxury compound. Zoned B-1, the property offers exceptional flexibility for a variety of high-end commercial or mixed-use applications. Further enhancing its investment appeal is the adjacent parking lot with approximately 11.5 spaces-a significant and rare asset in this highly sought-after location. An iconic West End offering presenting multiple income producing and value-enhancement opportunities, blending historic character with long-term investment potential.
Location
State ME
County Cumberland
Zoning B-1
Rooms
Basement Full, Unfinished
Interior
Heating Gas Natural, Direct Vent Heater, Space Heater
Cooling None
Flooring Carpet, Tile, Wood
Exterior
Parking Features 1 - 4 Spaces, Paved, Off Street
Roof Type Membrane
Building
Lot Description Historic District, Near Shopping
Foundation Stone, Brick/Mortar
Water Public
Others
Tax ID PTLD-000055-E000017-000001
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