Turnkey Old Port Bar/Restaurant Space for Lease

Retail-Commercial for Lease
Catylist Listing ID: 30874709
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 1,800 - 3,600 SF
Gross Building Area: See Agent
Lease Rate: $34.99 PSF (Annual)
Base Monthly Rent: $10,497
Lease Types: Modified Gross
In Opportunity Zone? Yes
Last Updated: 6/28/2024

Overview / Comments

Here’s your chance to lease a turnkey bar/restaurant right in the heart of Portland’s Old Port on Lower Exchange Street. This spot enjoys heavy foot traffic all year round, thanks to the nearby cruise ship docks and the many popular eateries, bars, and shops that make this area Portland's top retail destination. With a walk score of 99, this is one of the most pedestrian-friendly streets in Maine, attracting both locals and tourists alike. You’ll be in good company with neighbors like Papi Portland, Off Track Pizza, Earthbound, Mount Desert Island Ice Cream, Uncommon Paws, The Maine Souvenir Shop, D. Cole Jewelers, Gus & Ruby, Mocean Skateboards, Gross Confection Bar, Blyth & Burrows, and N To Tail. This is a prime location to establish your restaurant or bar in Maine's premier retail district.

Attachments & Media

Expand All Available Space

Suite: 1 3,600 SF $34.99 PSF (Annual) Modified Gross
Level/Floor: 1
Space Available: 3,600 SF
Minimum Divisible: 1,800 SF
Lease Rate: $34.99 PSF (Annual)
$10,497 (Monthly)
Lease Type: Modified Gross
Date Available: 6/27/2024
Space Type: Relet
Tax Expenses $1 PSF (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: Portland
Tax ID/APN: 05170_032 I013
Zoning: B3
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention
Property Visibility: Excellent
Tenancy: Multiple Tenants
Property Condition: Good
Year Built: 1900
Heat Type: Natural Gas
Heat Source: Ceiling Units
Lot Frontage: 1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,835 74,064 111,394
Median Age: 34.73 37.81 39.18
Households: 12,603 34,671 50,199

Contact

Photograph of Listing Agent

Andre Rossignol

CORE NECPE Member
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