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$1,195,000
6 Days On Site

273 State Street
Portland, ME 04101

Mixed Use|Coming Soon
0
Beds
0
Total Baths
5,472
SqFt
$218
/SqFt
1894
Built
County:
Cumberland
Days online/new listing status provided by Showcase IDX.
Listing courtesy of Portside Real Estate Group
273 State Street273 State Street273 State Street273 State Street
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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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Listing Snapshot
Price 
$1,195,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,472 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1894
MLS® Number 
1680655
Status 
Coming Soon
Property Tax 
$20,572
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Days online/new listing status provided by Showcase IDX.
Friends & Family
Recent Activity
6 days agoListing first seen on site
6 days agoListing updated with changes from the MLS®
Price history, status history, and update history provided by Showcase IDX.
General Features
Acres 
0.11
Building Features 
Sprinkler - Wet
Foundation 
Stone
Land Lease 
No
Parking 
On SiteOff Street
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
SqFt Total 
5472
Utilities 
Cable AvailableNatural Gas Available
Water Source 
Public
Zoning 
RN-4
Interior Features
Basement 
FullUnfinished
Cooling 
Heat Pump
Electric 
Circuit Breakers
Flooring 
WoodOtherCeramic Tile
Heating 
ElectricHeat PumpHot Water
Interior 
Storage
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Exterior Features
Construction Details 
Aluminum SidingFrame
Roof 
Slate
Listing courtesy of Portside Real Estate Group



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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Last checked 2026-09-22 03:14 AM UTC

Neighborhood & Commute
Source: Walkscore
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