273 State Street, Portland, ME 04101
$1,195,000
Property Type:
Residential
Bedrooms:
7
Baths:
6
Square Footage:
5,472
Lot Size (sq. ft.):
4,792
Status:
Active
Current Price:
$1,195,000
List Date:
9/23/2026
Last Modified:
9/23/2026
Overview
Description
...
(Read more)
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 Details MLS# 1680710
Property Sub-Type
- Property Sub-Type
- Single Family Residence
Location Information
- Street #
- 273
- Street Name
- State
- Street Type
- Street
- County
- Cumberland
- Town
- Portland
- State/Province
- ME
- Zip Code
- 04101
- Zip +4
- 2318
- Leased Land
- No
- Book
- 31130
- Page
- 096
- Map
- 36
- Block
- G
- Lot
- 10
- Zoning
- RN-4
- Zoning Overlay
- Unknown
- Association
- No
- Full Tax Amount $
- 20572
- Tax Year
- 2025
- Tree Growth Y/N
- No
Contract Information
- Original List Price
- 1195000
Property Information
- Surveyed
- No
- Seasonal
- No
- Deed/Conveyance Type Offered
- Quit Claim w/Covenant
- # Rooms
- 15
- # Bedrooms
- 7
- # Fireplaces
- Yes
- Total Full Baths
- 6
- Total Baths
- 6
- Color
- white
- Year Built
- 1894
- SqFt Finished Above Grade
- 5472
- SqFt Finished Total
- 5472
- SqFt Source
- Public Records
- Garage
- No
- Lot Size Acres +/-
- 0.11
- Source of Acreage
- Public Records
Water Info
- Waterfront
- No
- Water View
- No
Parking
- Reserved Parking
- Yes
- Reserved Parking Spaces
- 4
More Information
Property Features
Site:
Level; Sidewalks
Location:
Historic District; Intown; Near Shopping; Near Turnpike/Interstate
Roads:
Paved
Appliances Included:
Cooktop; Dishwasher; Dryer; Electric Range; Refrigerator; Washer
Kitchen Countertop:
Formica; Other
Style:
New Englander
Levels:
Three or More
Construction:
Wood Frame
Basement:
Full; Unfinished
Basement Entry:
Bulkhead; Interior
Foundation Materials:
Stone
Roof:
Slate
Exterior:
Aluminum Siding
Heat System:
Heat Pump; Hot Water
Heat Fuel:
Gas Natural
Water Heater:
Electric
Cooling:
Heat Pump
Floors:
Ceramic Tile; Other; Wood
Amenities:
1st Floor Bedroom; 1st Floor Primary Bedroom w/Bath; Laundry - Hookup; Shower; Storage
Patio and Porch Features:
Porch
Driveway:
Paved
Parking:
5 - 10 Spaces; Off Street; On Site
Vehicle Storage:
No Vehicle Storage
Electric:
Circuit Breakers
Gas:
Natural - On Site
Sewer:
Public Sewer
Water:
Public
Room Information
| Room Name | Level |
|---|---|
| Bedroom 1 | First |
| Bedroom 2 | First |
| Bedroom 3 | Second |
| Bedroom 4 | Second |
| Bedroom 5 | Third |
| Bedroom 6 | Third |
| Den | Second |
| Dining Room | First |
| Kitchen | First |
| Living Room | Second |
| Family Room | Second |
| Family Room | Third |
| Living Room | First |
| Living Room | Third |
| Living Room | Third |
Listing Office:
Portside Real Estate Group
Last Updated: September - 23 - 2026
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. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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