15 Pine Street, Portland, ME 04102
sale
$1,595,000
|
Other
Courtesy Of Waypoint Brokers Collective
85 Exchange Street, 3rd Floor, Portland, ME 04101
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 ensuite 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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Exterior Type: Brick
- Exterior Type: Masonry
- Floor Covering: Wood
- Floor Covering: Tile
- Floor Covering: Carpet
- Heating System: Space Heater
- Heating System: Natural Gas
- MLSID: 1680719
- Roof Type: Membrane
- Rooms: Basement
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