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$750,000 Just Listed
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Property Description
Welcome to the Jeremiah Mason House! Rare opportunity to acquire a well-established, revenue-producing historic Bed & Breakfast in York County, Maine. This successful hospitality property has operated for many years and is currently generating approximately $138,000 in annual gross revenue, with additional opportunities for future growth. The property features a beautifully maintained historic inn currently offering 8 guest bedrooms, welcoming common areas, breakfast service, peaceful grounds, and the timeless charm that continues to attract travelers seeking an authentic New England lodging experience. During current ownership, the business has been thoughtfully improved and repositioned while operating under a single owner-operator model, demonstrating meaningful growth with substantial upside remaining. Opportunities exist to expand marketing efforts, increase occupancy, enhance guest services, host events or retreats, and further develop additional hospitality revenue streams. Complementing the inn is an carriage house converted into three income-producing units, providing diversified revenue beyond overnight accommodations. The property also offers flexible space suitable for owner living quarters, extended-stay accommodations, or expanded guest services, subject to needs and applicable approvals. Ideally located approximately under an hour to Portland, 40 minutes from Portsmouth, New Hampshire, and about 20 minutes from western New Hampshire. The inn enjoys convenient access to multiple regional travel markets while providing guests with the peaceful setting and personalized hospitality that distinguish it from traditional hotel accommodations.
Full Property Details
Full Property Details for 40 Main St
General
- Price: $750,000
- Taxes: $6,418 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1674464
- Updated: 8/2/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Bed & Breakfast, Retail
Interior
- Flooring: Carpet, Vinyl, Wood
Parking
- Parking Features: 11 - 20 Spaces, Off Street
Location
- County: York
Heating & Cooling
- Heating Type: K-1/Kerosene, Oil, Propane, Wood, Direct Vent Heater, Forced Air, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public, Well
- Well: Yes
Structural Information
- Structure Type: Post & Beam
- Construction: Wood Frame, Masonry, Clapboard, Brick
- Basement: Yes
- Basement Desc.: Walk-Out Access, Full, Unfinished
- Roof: Membrane, Metal, Shingle, Slate
- Stories/Levels: 0
- Square Feet: 3,770
- Year Built: 1859
Additional Structures
- Other Structures: Barn(s), Shed(s)
Lot Features
- Lot Size (Acres): 1.2
- Lot Size (Sq. Ft.): 52,272
- Zoning: B
- Lot Description: Business District, Downtown, Rural
Financial Considerations
- Tax Amount: $6,418
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 69
Listed by Portside Real Estate Group (207) 536-4222
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Price & Sales History for 40 Main St
Date
Details
Price
Change
Source
8/02/2026
Listed
$750,000
100%
MLS
10/03/2019
Sold
$375,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,418
—
$675,536
—
2024
$6,418
-1%
$675,536
58%
2023
$6,506
7%
$427,995
—
2022
$6,078
7%
$427,995
25%
2021
$5,684
1%
$342,396
—
2020
$5,615
-3%
$342,396
-7%
2019
$5,768
43%
$366,229
47%
2018
$4,024
3%
$249,173
—
2017
$3,924
5%
$249,173
—
2016
$3,750
3%
$249,173
—
2015
$3,638
3%
$249,173
—
2014
$3,526
-1%
$249,173
-15%
2013
$3,549
—
$294,072
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Main St
40 Main Street, Limerick, ME 04048 (MLS# 1674464) is a Commercial property. 40 Main Street is currently listed for $750,000 and was received on August 02, 2026. Want to learn more about 40 Main Street? Do you have questions about finding other Commercial real estate for sale in Limerick? You can browse all Limerick real estate or contact a Coldwell Banker agent to request more information.

