767 River Road, Mexico, ME 04257
sale
$675,000
|
Other
Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
Opportunity awaits at this versatile mixed-use property on highly visible Route 2 in Mexico, Maine. Set on 1.57 acres, this unique property offers a blend of residential and commercial potential with a rich local history dating back to the early 1900s. Currently configured with five one-bedroom, one-bathroom apartments, dedicated office space, and a detached studio, the property presents multiple possibilities for investors, owner-occupants, or those seeking live/work flexibility. Inside, you'll find character throughout, including beautiful hardwood flooring in many areas and updates completed over time to support continued use and functionality. Additional features include an exterior-entry event space complete with a kitchen and bathroom, creating opportunities for gatherings, business use, workshops, or expanded rental potential (subject to local approvals). The detached studio further enhances the flexibility of the property as office, creative, rental, or auxiliary space. Outside, the grounds are thoughtfully landscaped with established perennial gardens that add seasonal color and enhance the property's inviting curb appeal. Once operated as an inn in the 1930s and later adapted for residential and commercial purposes, this property continues to evolve while maintaining its prominent location and historic charm. With ample space, excellent visibility, and multiple income streams, this is a rare chance to own a distinctive property with history, flexibility, and future potential in Western Maine.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Exterior Type: Wood Siding
- Exterior Type: Wood Frame
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Wood
- Floor Covering: Carpet
- Heating System: Baseboard
- Heating System: Oil
- Heating System: Hot Water(Heating)
- MLSID: 1668399
- Roof Type: Shingle
- Rooms: Basement
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