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273 State Street, Portland, ME 04101 Photo
273 State Street, Portland, ME 04101 Photo
273 State Street, Portland, ME 04101 Photo
273 State Street, Portland, ME 04101 Photo
273 State Street, Portland, ME 04101 Photo
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  • Listing Provided by:
    Portside Real Estate Group
    Phone: 207-619-7571 IDX logo

  • 7
    Beds
  • 6
    Baths
  • 5,472
    Square Feet
  • 1680710
    MLS#
$1,195,000
Status: Active
273 State Street Portland, ME 04101

Property Description

A Rare Opportunity to own a beautifully renovated, zoned multi-use property currently operating as the Mercury Inn. Lovingly owned and operated by the same owners for nearly 13 years, this reimagined 1890s Victorian mansion on Portland's peninsula is truly a gem. Fully renovated in 2019, this turnkey inn seamlessly blends historic character, thoughtful modern design, and exceptional flexibility. The second and third floors feature four spacious living room/bedroom guest suites, each with its own private bathroom and living room on each floor. Winding, turn-of-the-century staircases add to the property's distinctive historic charm. Guests also enjoy a shared kitchenette and a private reading nook on the second floor, creating inviting spaces to relax and unwind. The first floor offers a large, separate owner's apartment with soaring 10-foot ceilings, original period details, beautiful built-ins, and an abundance of historic charm. The apartment includes two bedrooms, two bathrooms, a full kitchen, and gorgeous formal dining and living rooms. The space could serve as comfortable owner's quarters or be reimagined as an additional income-producing unit, providing even more flexibility for the next owner. Outside, the property offers a private backyard and ample parking, making it especially well suited for an owner-occupied innkeeper or an investor seeking a flexible hospitality property. Whether you are an experienced investor, aspiring innkeeper, or entrepreneur looking to continue the legacy of this well-loved property, the Mercury Inn presents an exceptional opportunity to own a unique piece of Portland's thriving hospitality landscape. Ideally located this property is within easy walking distance of museums, acclaimed restaurants, shops, and the many attractions that make both the West End and downtown Portland so desirable. Historic charm. Modern convenience. Flexible zoning. Prime Portland location. A truly special opportunity.

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Property Features

MLS Number: 1680710
Subdivision:
County: Cumberland
Bedrooms: 7
Total Square Feet: 5,472
Style: New Englander
New Constuction: No
Construction: Wood Frame,Aluminum Siding
Waterfront: No
Property Type: Residential - Single Family
Basement: Yes
Basement: Bulkhead, Interior Entry, Full, Unfinished
Cooling: Heat Pump
Heating: Electric, Gas Natural, Heat Pump, Hot Water
Lot Size: 0.11 Acres
Road Surface: Paved
Roof Type: Slate
Taxes: $20,572
Year Built: 1894

Feature Descriptions

Amenities: 1st Floor Bedroom,1st Floor Primary Bedroom w/Bath, Washer Hookup, Shower, Storage
Appliances: Cooktop, Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Electric: Circuit Breakers
Exterior: Wood Frame, Aluminum Siding
Flooring: Other, Wood, Ceramic Tile
Foundation: Stone
Home Style: New Englander
Lot: Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Level, Sidewalks
Parking: Paved,5 - 10 Spaces, On Site, Off Street
Sewer: Public Sewer
SQ FT Above Grade: 5472
SQ FT Below Grade: 0
Total Rooms: 15
Water: Public

Location

Listed By / Shown By

Listed By

Broker Name: Portside Real Estate Group
Broker Phone: 207-619-7571

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Estimate Your Payment

Estimated Payment

$ 8,500.40 per month $6,437.52 Principal & Interest $1,714.33 Property Tax $348.54 Homeowner's Insurance

Source: Delta Media Group, Inc.

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