Coming Soon
7 beds5,472 sqft
273 State St, Portland, ME 04101
Est: $7,890/moGet pre-approved
Single FamilyProperty Type
0.11 acresLot Size
1894Year Built
$218/sq ftPrice per sq ft

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...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.
  • Listed by: Sarah Delisl Courtney Sweeton 207.523.9183 delislesweeton@portsidereg.com • Portside Real Estate Group
Last updated: 09/15/2026 05:51 PM • Source: Maine Listings, MLS#: 1680710

Location

Listing Courtesy of Portside Real Estate Group
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Payment Calculator

$7,890 per month

30 year fixed, 6.71% Interest

Principal and Interest

$6,175

Property Taxes

$1,714

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 273 State Street

Property Details
  • Taxes: $20,572 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: New Englander
  • Has Waterfront: No
  • Zoning: RN-4
Building Information
  • Year Built: 1894
  • Lot Size: 0.11 AC / 4,791 SF
Summary
Location and General Information
  • Water View: No
  • Page: 096
  • Latitude: 43.656351
  • Longitude: -$70.27
Taxes and HOA
  • Association: No
  • Parcel Number: PTLD-000036-E000002-000001
  • Tax Lot: 10
  • Tax Block: G
  • Tax Book Number: 31130
  • Tax Map Number: 36
  • Tax Year: 2025
  • Tax Annual Amount: $20,572.00
Parking
  • Parking Features: Paved, 5 - 10 Spaces, On Site, Off Street
  • Reserved Parking: Yes
  • Reserved Parking Spaces: 4
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Level, Sidewalks
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres
  • Roads: Paved
  • Road Surface Type: Paved
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 5472.0
  • Building Area Source: Public Records
  • Building Area Total: 5472.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Deed/Conveyance Type Offered: Quit Claim w/Covenant
  • Surveyed: No
  • Year Built: 1894
Building Features
  • Levels: Three or More
  • Foundation Details: Stone
  • Construction Materials: Wood Frame, Aluminum Siding
  • Color: white
Financial Information
  • List Price/SqFt: $218.38
Green Features
  • HERS Certified: No
Utilities
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Roof: Slate
Interior Features
  • Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Washer Hookup, Shower, Storage
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Bathrooms Full: 6
  • Bathrooms Total Decimal: 6.0
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 7
  • Fireplaces Total: 1
  • Laundry Features: Washer Hookup
  • # Full Baths Level 1: 2
  • # Full Baths Level 2: 2
  • # Full Baths Level 3: 2
  • Rooms Total: 15
  • Basement: Bulkhead, Interior Entry, Full, Unfinished
  • Has Fireplace: Yes
  • Patio And Porch Features: Porch
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Electric, Gas Natural, Heat Pump, Hot Water
  • Has Heating: Yes
  • Flooring: Wood, Ceramic Tile
  • Interior Features: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Shower, Storage
Room Information
Kitchen
  • Kitchen Countertop: Formica
Laundry
  • Laundry Room Amenities: Washer Hookup
Rental
Rent Information
  • Land Lease: No

Property History for 273 State Street

DateEvent & SourcePriceAppreciation
Sep 14, 2025

Expired

Maine Listings #1625047

$1,399,000
Sep 14, 2025

Expired

Maine Listings #1620199

$1,399,000
Sep 5, 2025

Withdrawn

Maine Listings #1625047

$1,399,000
DateEvent & SourcePrice
09/14/2025

Expired

Maine Listings #1625047

$1,399,000
09/14/2025

Expired

Maine Listings #1620199

$1,399,000
09/05/2025

Withdrawn

Maine Listings #1625047

$1,399,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 273 State Street

Taxable ValueLand$455,500Additions$1,261,700Total$1,717,200
Tax Record2025$20,572 ($1,714 / month)
Home Facts
Total Finished SqFt5,472 SqFtAbove Grade Finished SqFt5,472 SqFtLot Size4,774 SqFtStyleMiscellaneous CommercialYear Built1910Year Renovated1910CountyCUMBERLANDAPNPTLD M:036 B:E002001

Schools near 273 State Street

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Howard C Reiche Community School
PublicPK to 5

King Middle School
Public6 to 8

Casco Bay High School
Public9 to 12

Deering High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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273 State Street is a single family home Coming Soon in Portland, ME 04101. This property is currently priced at $1,195,000. This listing's school district is Portland Public Schools. Nearby schools include Howard C Reiche Community School, King Middle School and Casco Bay High School. 273 State Street is a 7-bed, 6-bath, 5,472 sqft single family home built in 1894.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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.