767 River Rd

Mexico ME 04257

4740 sq. ft.

111949.2 sq. ft.

Multi-Family

Last sold for $140,000

Emily Weeks, last sold this property on 19 January 2021 after -2052 days on market.

Overview

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.

Features

5 bathrooms

4740 sq. ft. floor area

111949.2 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Mexico over the last 12 months.

Property history for 767 River Rd

2021

Sold

$140,000

19 Jan 2021 by Emily Weeks, of Keller Williams Realty

Happy sellers in Mexico

We have insufficient information to provide an overview of customer satisfaction for Mexico. Viewing the agent profiles, reviews and sales for Mexico can provide insights for this location.