$750,000
( $198.94Per Sq Foot )
 $4,026 est/mo Sourced by Back At You

40 Main Street,Limerick, ME 04048

Limerick, ME 04048

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Description

Offered as a fully operational, turnkey hospitality property, Jeremiah Mason House Bed and Breakfast remains open, actively welcoming guests, and accepting future reservations throughout the sale process. 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.

Details

MLS #1674464
Listing TypeFor Sale
StyleGeneral Commercial
Sub-TypeResale
StatusActive
Year1859
Days On Site19
Listing Provided ByPortside Real Estate Group | Alexcia Smith

Features

SQ Feet3,770
BasementY
ZoningB
Acreage1.20

Interior

Heating Yes / NoYes
Accessibility Features32 - 36 Inch Doors

Exterior

RoofMembrane, Metal, Shingle, Slate
Foundation DetailsGranite, Brick/Mortar
Lot FeaturesBusiness District, Downtown, Rural
Construction MaterialsWood Frame, Masonry, Clapboard, Brick

Parking

Parking Features11 - 20 Spaces, Off Street

Utilities

SewerPublic Sewer
ElectricCircuit Breakers, Generator Hookup

Taxes

Tax Annual Amount6418
Tax Book Number18063
Tax Year2025
Tax Lot69
Tax Map Number22

Area Information

StateME
CountyYork
CityLimerick
Zip Code04048
AreaYork
Listing VS Median (in 04048)
Price:
$750,000
low | high
Med:
$499,900
83.346666666667% of Average
sqft:
3,770
low | high
Med:
1,678
100% of Average
$ / sqft:
$199
low | high
Med:
$298
2% of Average
On site:
19
low | high
Med:
29
65.51724137931% of Average
Sourced by Back At You

Market Activity 04048

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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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Learn More About This Property

StateME
CountyYork
CityLimerick
Zip Code04048
AreaYork
Listing VS Median (in 04048)
Price:
$750,000
low | high
Med:
$499,900
83.346666666667% of Average
sqft:
3,770
low | high
Med:
1,678
100% of Average
$ / sqft:
$199
low | high
Med:
$298
2% of Average
On site:
19
low | high
Med:
29
65.51724137931% of Average
Sourced by Back At You
Listing Updated: August 9, 2026 at 1:15:14 PM PDT