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    15 Pine St Portland, ME 04102

    Sponsored
    For Sale
    $1,650,000

    COMMERCIAL - Portland, ME

    Property size:
    3,842 SF
    Lot size:
    0.15 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 15 Pine St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-1
    Rooms
    Basement
    Parking features
    Off Street
    Basement
    Unfinished, Full
    Size
    3,842 SF
    Lot size
    0.15 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Space Heater
    Water source
    Public

    Building Details

    Year built
    1900
    Flooring type
    Tile, Wood, Carpet
    Building materials
    Brick, Masonry
    Roof type
    Membrane

    Waypoint Brokers Collective (207) 804-2012 [email protected]

    Listing agent Tyson Wilkins (207) 804-2012

    Listing date Dec 17, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime West End Investment Opportunity

    Located in the heart of Portland's West End, this property presents a rare investment opportunity. The stately Federal-style brick building, constructed in 1830, currently houses a six-bedroom bed and breakfast. Recognized as one of the best in its class, the Percy Inn offers a purchaser a fully operational, turn-key hospitality asset, with most furnishings included. 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 flexibility for a variety of high-end commercial or mixed-use applications. The property includes an adjacent parking lot with approximately 11.5 spaces. The property size is 3842 square feet and the lot size is 0.15 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Percy Inn Bed & Breakfast

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Law Firm Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    West End Inn, The Skolfield Inn, Morrill Mansion, Gary's House, The Brackett

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2674894
    Latitude
    43.6524691

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    FAQs

    What type of property is this?
    Bed & breakfast - Historic Portland property with income potential and flexible zoning.
    Where is this bed & breakfast located?
    The property is located at 15 Pine St Portland, ME.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Turn-key, fully operational six-bedroom bed and breakfast (Percy Inn) with furnishings included.; - Rare adjacent parking lot with approximately 11.5 spaces in a sought-after location.; - Zoned B-1, offering exceptional flexibility for commercial or mixed-use applications.
    (207) 252-4226
    Request Owner's contact information
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    Portland, ME 04102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Pine St Portland, ME 04102
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