Prime Downtown Retail Space On Monument Square

Retail-Commercial for Lease
Catylist Listing ID: 30648691
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 2,000 - 4,385 SF
Gross Building Area: See Agent
Lease Rate: $9,135 (Monthly)
$25 PSF (Annual)
Lease Types: Modified Gross
Ceiling: 14 ft.
In Opportunity Zone? Yes
Last Updated: 10/13/2020

Overview / Comments

One of the best retai spaces in downtown Portland. Iconic Monument Square building in the heart of Portland's Downtown Business District and adjacent to the Old Port and working waterfront. With 4,385 Square Feet this first-floor street-level space can be subdivided into two spaces: 2,385 SF and 2,000 SF or kept whole as one seriously dramatic space. Best uses would be as a food hall/restaurant with high-end retail space

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Suite: 1 4,385 SF $9,135 (Monthly) Modified Gross
Level/Floor: Ground level, 1st floor
Space Available: 4,385 SF
Minimum Divisible: 2,000 SF
Lease Rate: $9,135 (Monthly)
$25 PSF (Annual)
Lease Type: Modified Gross
Date Available: 9/10/2020
Space Type: New
Tax Expenses $1 PSF (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: Map 32 Block K Lot 12
Zoning: B3
Property Visibility: Excellent
Largest Nearby Street: Congres
Highway Access: Close to all major arteries, I 295 and Maine Turnpike
Airports: Portland International Jetport
Site Description: Business district, close to Old Port and working waterfront
Area Description: Vital part of downtown Portland with retailers, galleries, specialty shops and restaurantws
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 10
Property Condition: Excellent
Year Built: 1970
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Brick, Concrete, Metal/Glass
Parking Type: Other
Parking Description: Nearby garages
Passenger Elevators: 4
Interior Description: Raw space ready for renovation. Features include floor-to-ceiing windows, 2 entrances from street and high ceilings. Basement space included in lease rate
Lot Frontage: 90 feet
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,297 74,797 111,093
Median Age: 33.75 37.84 39.15
Households: 13,638 34,977 50,070

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