About This Home

This 0-bedroom, 0-bathroom commercial at 15 Pine Street in Portland, ME is listed for $1,595,000 ($415 per sqft). Built in 1900, the home offers 3,842 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1900
  • 0.15 acre lot

Property Details

1900
Listing 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 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.

Monthly Cost Estimate

$8,530/mo

20% down · 6.5% · 30 years

Principal$1,154
Interest$6,912
Insurance$465

Estimates only. Actual payments may vary.

Location

15 Pine Street

Portland, ME 04102

Property Details

Flooring

CarpetWoodTile

Construction

Masonry Brick

Parking

Off Street

Heating

Space HeaterNatural Gas

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 15 Pine Street is listed at $1,595,000 ($415/sqft). The estimated monthly payment is $8,530 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.15 acre lot.

This property is listed by Tyson Wilkins.

TW

Tyson Wilkins

Agent at Waypoint Brokers Collective

Listed by Waypoint Brokers Collective · Broker phone: (207) 804-2012 · View on Broker Site · Broker website

MLS# 1680719· Source: Maine Listings· Added to PropertySimple today

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15 Pine Street, Portland, ME 04102

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