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15 Pine Street, Portland, ME 04102

$1,595,000
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Active
SQUARE FEET3,842 MLS#1646807
STATUSActive PROPERTY TYPECommercial - Business

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.

15 Pine Street | MLS# 1646807

This commercial property located at 15 Pine Street, Portland, ME 04102 is currently listed for sale with an asking price of $1,595,000. Search Portland real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Heating: Direct Vent Heater, Space Heater
Lot Size: 0.15 Acres
Roof Type: Membrane
Taxes: $20,088
Year Built: 1900

Feature Descriptions

Electric: Circuit Breakers
Flooring: Carpet, Tile, Wood
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Waypoint Brokers Collective
Agency Contact: tyson@waypointbrokers.com
Agent Name: Tyson Wilkins

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