273 State St

Portland, ME 04101
  • $1,195,000

    Price
  • 7

    Bed
  • 6

    Bath
  • 5,472

    SqFt
  • 0.11

    Acre

About the Listing 2799 - 022327

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.

Listing Highlights for 273 State St

Status Active
Days on Site 46
Property Type Residential
MLS ® 1680710
Year Built 1894
Total Square Footage 5,472
Lot/Acreage 0.11
County Cumberland

Interior Details

  • Bedrooms: 7
  • Bathrooms: 6 Full
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Air Cond: Heat Pump
  • Heating: Electric,Gas Natural,Heat Pump,Hot Water
  • Fireplaces: 1
  • Floor: Wood,Ceramic Tile
  • Above Ground Sq Ft: 5472
  • Basement: Bulkhead,Interior Entry,Full,Unfinished
  • Other: 1st Floor Bedroom,1st Floor Primary Bedroom w/Bath,Shower,Storage
  • Water: Public

Exterior Details

  • Lot Description: Historic District,Intown,Near Shopping,Near Turnpike/Interstate,Level,Sidewalks
  • Garage Capacity: N/A
  • Zoning: RN-4
  • Roof: Slate
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Paved,5 - 10 Spaces,On Site,Off Street

Financial Details

  • Tax Amount: $20,572
  • Taxes w/Assessments: N/A
  • Tax/Property ID: PTLD-000036-E000002-000001
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

273 State St Portland, ME 04101

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Maine Listings

Agent profile image in chat bubble
Agent profile image in chat header

Marnie DuBois

Partner | DuBois Realty Group | Keller Williams Realty

Agent profile image in message

or another way