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Listed by Waypoint Brokers Collective • tyson@waypointbrokers.com
$1,650,000
3,842 SqFt
Active
15 Pine ST Portland, ME 04102
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Key Details
Property Type Commercial Sale
Sub Type Mixed Use
Listing Status Active
Square Footage 3,842 sqft
MLS Listing ID 1646807
HOA Y/N No
Year Built 1900
Annual Tax Amount $20,088
Tax Year 25
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 en-suite 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.
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 en-suite 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 Space Heater, Direct Vent Heater
Cooling None
Flooring Wood, Tile, Carpet
Exterior
Parking Features 1 - 4 Spaces, 11 - 20 Spaces, Paved, Off Street
View Y/N No
Roof Type Membrane
Building
Lot Description Historic District, Near Shopping
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Brick,Masonry
Others
Energy Description Gas Natural

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