767 River Road , Mexico, ME 04257

$675,000
  • 767 River Road , Mexico, ME 04257 Main Photo

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Active
BEDS0 BATHS5 full SQUARE FEET4,740 MLS#1669955
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

767 River Road | MLS# 1669955

This multi-family property located at 767 River Road , Mexico, ME 04257 is currently listed for sale with an asking price of $675,000. Search Mexico real estate on www.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Entry, Dirt Floor, Full, Unfinished
Basement: Yes
Heating: Oil, Baseboard, Hot Water
Home Style: Farmhouse, Other, Victorian
Lot Size: 1.57 Acres
Roof Type: Shingle
Taxes: $4,066
Year Built: 1900

Feature Descriptions

Electric: Circuit Breakers
Exterior: Wood Frame, Wood Siding
Flooring: Carpet, Laminate, Vinyl, Wood
Foundation: Stone, Brick/Mortar
Lot: Near Shopping, Rural, Level, Open Lot, Landscaped, Wooded
Parking: Gravel,11 - 20 Spaces, On Site, Off Street
Road Surface: Paved
Sewer: Public Sewer
Special View Info: Fields, Scenic, Trees/Woods
SQ FT Above Grade: 4740
SQ FT Below Grade: 0
Water: Well
Water Body Name: Androscoggin
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty
Agency Contact: 207-314-2112

Shown By

Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123

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Estimated Payment

$ 2,037.97 per month $1,502.26 Principal & Interest $338.83 Property Tax $196.88 Homeowner's Insurance

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