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About the Listing 1898 - 020987,012848
Opportunity awaits at this versatile mixed-use property on highly visible Route 2 in Mexico, Maine. Set on 1.57 acres, this unique property offers a blend of residential and commercial potential with a rich local history dating back to the early 1900s. Currently configured with five one-bedroom, one-bathroom apartments, dedicated office space, and a detached studio, the property presents multiple possibilities for investors, owner-occupants, or those seeking live/work flexibility. Inside, you'll find character throughout, including beautiful hardwood flooring in many areas and updates completed over time to support continued use and functionality. Additional features include an exterior-entry event space complete with a kitchen and bathroom, creating opportunities for gatherings, business use, workshops, or expanded rental potential (subject to local approvals). The detached studio further enhances the flexibility of the property as office, creative, rental, or auxiliary space. Outside, the grounds are thoughtfully landscaped with established perennial gardens that add seasonal color and enhance the property's inviting curb appeal. Once operated as an inn in the 1930s and later adapted for residential and commercial purposes, this property continues to evolve while maintaining its prominent location and historic charm. With ample space, excellent visibility, and multiple income streams, this is a rare chance to own a distinctive property with history, flexibility, and future potential in Western Maine.
Listing Highlights
Status
Active
Days on Site
16
Property Type
Multi-Family
MLS ®
1669955
Year Built
1900
Total Square Footage
4,740
Lot/Acreage
1.57
County
Oxford
Interior Details
- Bedrooms: 0
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Oil,Baseboard,Hot Water
- Fireplaces:
- Floor: Carpet,Laminate,Vinyl,Wood
- Above Ground Sq Ft: 4740
- Below Ground Sq Ft: 0
- Basement: Exterior Entry,Dirt Floor,Full,Unfinished
- Other:
- Water: Well
Exterior Details
- Lot Description: Near Shopping,Rural,Level,Open Lot,Landscaped,Wooded
- Garage Capacity: N/A
- Zoning: None
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Gravel,11 - 20 Spaces,On Site,Off Street
Financial Details
- Tax Amount: $4,066
- Taxes w/Assessments: N/A
- Tax/Property ID: MEXI-000001-000000-000018
- Tax Year: 2024
Payment Calculator
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Questions About..
767 River Rd Mexico, ME 04257
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