About this home
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 ensuite 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.
Listing last checked: Listing updated:
Listed by Listing Agent · Waypoint Brokers Collective · MLS #1680719
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Details at a glance
Interior3 property facts
- Heating
- Space Heater
- Cooling
- None
- Flooring
- Carpet, Tile, Wood
Building4 property facts
- Style
- Mixed Use
- Year built
- 1900
- Foundation
- Stone, Brick/Mortar
- Roof
- Membrane
Land & utilities4 property facts
- Lot size
- 0.15 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- B-1
Financial2 property facts
- Annual taxes
- $18,702
- Assessment year
- 26
Location
Estimated monthly cost
Explore costs at the $1,595,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$9,624 / monthAdjust
- Principal & interest
- $8,065
- Property tax
- $1,559
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $18,702. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 15 Pine Street
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Request a tour of 15 Pine Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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