Fully Equipped Restaurant/Function Space

Retail-Commercial for Lease
Catylist Listing ID: 30756916
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Contiguous Space: 5,715 SF
Gross Building Area: See Agent
Lease Rate: $12 PSF (Annual)
Base Monthly Rent: $5,715
Lease Types: Modified Gross
Last Updated: 9/14/2021

Overview / Comments

Formerly the site of the Sanford Bank & Trust, 4 Washington Street is a +/- 30,000 SF commercial building with retail/office on the first floor and office space on the second and third floors.

The fourth floor restaurant and event space was abandoned during the Covid lockdown but remains in good, clean functioning condition with working kitchen and bar, furnished multiple large dining areas and function rooms, ready for occupancy by a new operator.

Attachments & Media

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Suite: 400 5,715 SF $12 PSF (Annual) Modified Gross
Level/Floor: 4
Space Available: 5,715 SF
Lease Rate: $12 PSF (Annual)
$5,715 (Monthly)
Lease Type: Modified Gross
Space Description: Fourth floor restaurant and event space with working kitchen and bar, furnished multiple large dining areas ready for occupancy by a new operator. Space was abandoned during Covid lockdown but remains in good, clean condition.
Date Available: 8/24/2021
Space Type: Relet
Tax Expenses $1 PSF (Annual)
Rent Escalators Description negotiated
Rent Concession negotiated

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: K29-40
Zoning: URBAN
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: corner of Main and Washington Streets
Property Visibility: Excellent
Largest Nearby Street: Main
Feet of Frontage: 193
Site Description: Downtown business center nearby City Hall, overlooking City park
Tenancy: Multiple Tenants
Number of Stories: 4
Property Condition: Average
Parking Type: Surface
Parking Description: Free adjacent municipal parking lot
Passenger Elevators: 1
Freight Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Lot Frontage: 193

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,706 16,451 24,821
Median Age: 36.39 39.83 41.29
Households: 1,109 6,807 10,087
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