15 Pine Street, Portland, ME, 04102 | $1,650,000

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.

Features

  • Property Type: Mixed Use
  • Construction: Brick, Masonry
  • Parking: 1 - 4 Spaces, 11 - 20 Spaces, Paved, Off Street
  • Heating: Space Heater, Direct Vent Heater
  • Cooling: None
  • Zoning: B-1
  • Year Built: 1900
  • Approx Sq. Feet: 3,842
  • Acreage: 0.15
  • Est. Taxes: $20,088
  • Lot Desc: Historic District, Near Shopping
  • MLS#: 1646807
  • Website: https://www.raveis.com
    /prop/1646807/15pinestreet_portland_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Waypoint Brokers Collective

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