Prime Downtown Portland Location Restaurant Space
Retail-Commercial
for Lease
| Catylist Listing ID: |
30837912 |
| Property Subtypes: |
Restaurant
|
| Contiguous Space: |
2,700 - 3,300 SF |
| Total Available: |
2,700 SF |
| Gross Building Area: |
See Agent |
| Lease Rate: |
$19.50 PSF (Annual)
|
| Base Monthly Rent: |
$4,387 |
| Lease Types: |
Modified Gross |
| Ceiling: |
14 ft. |
| In Opportunity Zone? |
Yes |
| Building Name: |
Portland Stage |
| Last Updated: |
5/11/2023 |
Overview / Comments
Portland Stage, one of Maine’s largest fully professional, non-profit theaters is looking for a partner. Not in the business sense, but as an adjoining restaurant as they create a new marquee and façade, including 2,700+/-SF of newly renovated restaurant space, with a shared entrance to the Théâtre Lobby. The kitchen hood system will be upgraded and the new space includes a 600sf mezzanine. An additional 700+/- SF basement space is included at no cost. Your restaurant client can sign up early and participate in the buildout with expected completion date of August 2023.
This is a once in a lifetime chance to be part of Portland Maine's exciting downtown urban center hotel, tourism, arts and entertainment scene.
|
| Level/Floor: |
1st |
| Space Available: |
2,700 SF |
| Max Contiguous: |
3,300 SF |
| Lease Rate: |
$19.50 PSF (Annual)
$4,387 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
8/1/2023 |
| Space Type: |
New |
| Tax Expenses |
$22,000 PSF (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Taxing Authority: |
City of Portland |
| Tax ID/APN: |
037 A022001 |
| Zoning: |
B-3C DOWNTOWN BUSINESS |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention |
| Property Located Between: |
Cumberland Ave and Congress St |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Congress St SR 22 |
| Feet of Frontage: |
150 |
| Highway Access: |
I-295, > 1 miles/ 5 minutes |
| Airports: |
Portland Westbrook Metro w/in minutes |
| Site Description: |
Historic Downtown arts, entertainment, lodging, retail and residential center of Maine's largest city |
| Area Description: |
Portland Maine downtown. Portland is the largest metro area north of Boston Massachusetts. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Typical SF / Floor: |
4,000 SF |
| Property Condition: |
Excellent |
| Year Built: |
1910 |
| Year Renovated: |
2023 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
Brick with fine wooden entryways. |
| Total Parking Spaces: |
3 |
| Parking Type: |
Surface |
| Parking Description: |
Dedicated staff parking in rear of building. Parking garage across the street and lots of on street metered parking |
| Passenger Elevators: |
1 |
| Sprinklers: |
Wet |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Internet Access: |
Cable, DSL, Satellite |
| Interior Description: |
New renovations. Based on timing, a new tenant will have input on finish |
| Zoning Description: |
MIXED-USE ZONE PURPOSE STATEMENTS
B-3c In addition to the purpose of the B-3 and B-3b zone, to promote the safety, quiet enjoyment, and general welfare of citizens residing in a dense urban neighborhood by decreasing the conflicts between residential uses and loud late night activities. The B-3c zone recognizes that the business uses appropriate in this zone are constrained by the proximity of multi-unit elderly housing. |
| Lot Frontage: |
150 |
| Lot Depth: |
250 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
25,301 |
79,285 |
112,879 |
| Median Age: |
33.98 |
38.13 |
39.03 |
| Households: |
13,265 |
36,745 |
50,826 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
|
