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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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273 State St , Portland, ME 04101
$1,195,000
Est. Payment: $6,418.82/mo
7 Bed
6 Bath
5472 Sqft
0.11 Acres
Status: active | Days on site: 28
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2799 - 022327
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House 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.

Highlights

Listed by Sarah Delisl Courtney Sweeton , 207-523-9183 Portside Real Estate Group , 207-619-7571. Maine Real Estate Information System, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.11

Year Built

1894

County

Cumberland

Listing ID

1680710

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Interior Features

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

Exterior Features

Lot:Historic District,Intown,Near Shopping,Near Turnpike/Interstate,Level,Sidewalks
Zoning:RN-4
Roof:Slate
Sewer:Public Sewer
Parking Features:Paved,5 - 10 Spaces,On Site,Off Street
Principal Interest
$6,419
Taxes
$1,714

Home Price

$1,195,000

Loan Details

30 yrs
7.091%

Down Payment

20%
$239,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,418.82

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,418.82 $1,714.33 $0.00 $8,133.16
Yearly $77,025.90 $20,572.00 $0.00 $97,597.90
Total $2,310,776.99 $617,160.00 $0.00 $2,927,936.99

Today's Rates

30 Year

7.09%

20 Year

7.19%

15 Year

6.59%

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Market insight data is pulled from the same city as the listing being viewed (Portland, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing data is derived in whole or in part from the Maine IDX & 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.


IDX service by Blueroof 360

Data last updated: 2026-10-31T23:58:42.000Z

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