15 Pine Street, Portland, ME 04102
$1,650,000
Property Type:
Commercial
Square Footage:
3,842
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$1,650,000
List Date:
12/17/2025
Last Modified:
2/17/2026
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 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.
Supplements: ********
More Information MLS# 1646807
Location Information
Book: 12892
Leased Land: No
Page: 320
Map: 55
Block: E
Lot: 17, 44
Zoning Overlay: Yes
Tree Growth Y/N: No
Association Y/N: No
Street #: 15
Street Name: Pine
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04102
Zip +4: 3807
Zoning: B-1
Full Tax Amount $: 20088
Tax Year: 25
Geo Lat: 43.652493
Geo Lon: -70.267537
Property Information
Primary Use: Mixed Use
Surveyed: Unknown
Lot Size Acres +/-: 0.15
Year Renovated +/-: 1
Total # Floors: 0
Year Built: 1900
SqFt Finished Total: 3842
Location
Historic District: 1
Near Shopping: 1
Water Info
Water Frontage: No
Water View: No
Property Uses
Bed & Breakfast: 1
Child Care: 1
Church: 1
Commercial: 1
Office Building: 1
Restaurant: 1
Retail: 1
Construction
Masonry: 1
Basement
Full: 1
Unfinished: 1
Foundation Materials
Brick/Mortar: 1
Stone: 1
Exterior
Brick: 1
Roof
Membrane: 1
Heat System
Direct Vent Heater: 1
Space Heater: 1
Heat Fuel
Gas Natural: 1
Cooling
None: 1
Floors
Carpet: 1
Tile: 1
Wood: 1
Parking
1 - 4 Spaces: 1
11 - 20 Spaces: 1
Off Street: 1
Paved: 1
Electric
Circuit Breakers: 1
Gas
Natural - On Site: 1
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Active
Original List Price: 1650000
List Price: $1,650,000
Current Price: $1,650,000
Property Features
Location: Historic District; Near Shopping
Construction: Masonry
Property Uses: Bed & Breakfast; Child Care; Church; Commercial; Office Building; Restaurant; Retail
Basement: Full; Unfinished
Foundation Materials: Brick/Mortar; Stone
Exterior: Brick
Roof: Membrane
Heat System: Direct Vent Heater; Space Heater
Heat Fuel: Gas Natural
Cooling: None
Floors: Carpet; Tile; Wood
Parking: 1 - 4 Spaces; 11 - 20 Spaces; Off Street; Paved
Electric: Circuit Breakers
Gas: Natural - On Site
Sewer: Public Sewer
Water: Public
Documents
Listing Office:
Waypoint Brokers Collective
IDX
Last Updated: February - 17 - 2026
Broker Attribution:
tyson@waypointbrokers.com
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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