767 River Rd Mexico, ME 04257
Mexico AreaEstimated payment $4,049/month
Highlights
- 803 Feet of Waterfront
- 2.57 Acre Lot
- Wooded Lot
- Scenic Views
- Deck
- Wood Flooring
About This Home
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 Agent
Keller Williams Realty Brokerage Phone: 207-314-2112 Listed on: 07/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,066
Year Built
- Built in 1900
Lot Details
- 2.57 Acre Lot
- 803 Feet of Waterfront
- River Front
- Rural Setting
- Landscaped
- Level Lot
- Open Lot
- Wooded Lot
Property Views
- Scenic Vista
- Woods
Home Design
- 4,740 Sq Ft Home
- Farmhouse Style Home
- Victorian Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Dirt Floor
Parking
- Gravel Driveway
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Deck
- Shed
- Outbuilding
- Porch
Location
- Property is near shops
- Near Waterfront
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Well
Listing and Financial Details
- Tax Lot 18
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Operating Expense $22,056
- Gross Income $65,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,122 | $140,200 | $18,900 | $121,300 |
| 2024 | $4,066 | $140,200 | $18,900 | $121,300 |
| 2023 | $4,094 | $140,200 | $18,900 | $121,300 |
| 2022 | $4,410 | $151,029 | $18,900 | $132,129 |
| 2021 | $4,094 | $140,200 | $18,900 | $121,300 |
| 2014 | $4,147 | $159,500 | $18,900 | $140,600 |
| 2012 | $3,988 | $159,500 | $18,900 | $140,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/02/2026 07/02/26 | For Sale | $675,000 | +382.1% | $142 / Sq Ft | |
| 01/19/2021 01/19/21 | Sold | $140,000 | -5.1% | $38 / Sq Ft | View Prior Sale |
| 12/22/2020 12/22/20 | Pending | -- | -- | -- | |
| 04/20/2020 04/20/20 | For Sale | $147,500 | -- | $40 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $71,000 | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $48,000 | Stand Alone Refi Refinance Of Original Loan | |
| Open | $172,000 | Purchase Money Mortgage | |
| Closed | $500,000 | Unknown | |
| Closed | $132,000 | Unknown |
Source: Maine Listings
MLS Number: 1669955
APN: MEXI-000001-000000-000018
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Ask me questions while you tour the home.
