Pamela O'Connor
15 Pine Street, Portland, ME, 04102
1900
3,842 sqft
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.
Status:
Active
Type:
Commercial
Zoning:
B-1
Heating:
Space Heater, Direct Vent Heater
Cooling:
None
Basement:
Full, Unfinished
Parking:
1 - 4 Spaces, 11 - 20 Spaces, Paved, Off Street
Acreage:
0.15
Est. Taxes:
$20,088
Construction
Brick, Masonry
Lot Description:
Historic District, Near Shopping
MLS #:
1646807
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Waypoint Brokers Collective tyson@waypointbrokers.com