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.
Multi-familyProperty Type
1900Year Built
2.57 acresLot Size
$142Price/Sq.Ft.
11 spacesParking
Listed by Emily Weeks• Keller Williams Realty
Listed by Elizabeth Walker-Feeney• Keller Williams Realty
This commercial and multi-family property has amazing curb appeal and high visibility along Route 2. There are four commercial units along with two residential units that have two bedrooms each. There have been many updates to both residential and commercial units. Beautiful hardwood floors throughout most of the units. The property sits on 1.57 acres with an additional parcel along the Androscoggin River. This is your chance to own a piece of Mexico's history. Built in the 1900's and used as an Inn throughout the 1930's, residential home, and commercial use, this building has much to offer its new owner.
MREIS #1409544
Apr 9, 2019
Listed
$147,500
$31/sq ft
MREIS #1350635
May 16, 2018
Listed
$159,000
$34/sq ft
MREIS #1234435
Apr 25, 2016
Price Changed
$175,000
$37/sq ft
Aug 21, 2015
Listed
$185,000
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$4,066 (−0.7%)
$18,900 + $121,300
$140,200
2023
$4,094 (−1.3%)
$18,900 + $121,300
$140,200
2014
$4,147 (+4.0%)
$18,900 + $140,600
$159,500
2012
$3,988
$18,900 + $140,600
$159,500
Public record
Beds
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Lot size
1.57 Acres
Year renovated
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Finished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Oxford County
APN
545627
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Basement
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Accessible
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Last updated by owner on Jul 27, 2026.
Historical weather
Mexico, ME • 04257
Average low and high temperatures (°F)
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8
27
7
40
21
51
32
62
42
74
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78
58
76
54
71
47
58
38
42
30
28
13
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Mar
Apr
May
Jun
Jul
Aug
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Oct
Nov
Dec
Sun exposure
69/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.6 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 767 River Rd
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