8 Exchange Street (Turnkey Bar/Restaurant)
Retail-Commercial
for Lease
| Catylist Listing ID: |
30860601 |
| Property Subtypes: |
Restaurant, Street Retail, Tavern/Bar/Nightclub
|
| Contiguous Space: |
3,600 SF |
| Gross Building Area: |
See Agent |
| Lease Rate: |
$33.25 PSF (Annual)
|
| Base Monthly Rent: |
$9,975 |
| Lease Types: |
Modified Gross |
| In Opportunity Zone? |
Yes |
| Last Updated: |
11/8/2023 |
Overview / Comments
|
This turnkey bar/restaurant is located in the heart of the Old Port sitting directly on Lower Exchange Street. This area has high foot traffic throughout the year generated from cruise ships, and the various restaurants, bars, and retailers who have created one of Portland's strongest retail hubs in this area. This space features excellent visibility, a walk score of 99 - Walkers Paradise, and most of the FF&E needed to run/operate a successful restaurant/bar. Historically known as “The Movies on Exchange” this space has a unique history and still carries some of its historic touches. Join retailers and restaurants such as Blyth & Bur-rows, Papi Portland, Earthbound, D.Cole Jewelers, The Maine Souvenir Shop, Gus & Ruby, Uncommon Paws, Mocean Skateboards, and N To Tail.
|
|
Suite: 00
|
3,600 SF
|
$33.25 PSF (Annual)
Modified Gross
|
| Level/Floor: |
First Floor |
| Space Available: |
3,600 SF |
| Lease Rate: |
$33.25 PSF (Annual)
$9,975 (Monthly)
|
| Lease Type: |
Modified Gross |
| Space Description: |
This turnkey bar/restaurant is located in the heart of the Old Port sitting directly on Lower Exchange Street. This area has high foot traffic throughout the year generated from cruise ships, and the various restaurants, bars, and retailers who have created one of Portland's strongest retail hubs in this area. This space features excellent visibility, a walk score of 99 - Walkers Paradise, and most of the FF&E needed to run/operate a successful restaurant/bar. Historically known as “The Movies on Exchange” this space has a unique history and still carries some of its historic touches. Join retailers and restaurants such as Blyth & Bur-rows, Papi Portland, Earthbound, D.Cole Jewelers, The Maine Souvenir Shop, Gus & Ruby, Uncommon Paws, Mocean Skateboards, and N To Tail. |
| Date Available: |
11/8/2023 |
| Space Type: |
Relet |
| Tax Expenses |
$0 PSF (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
05170_032 I013 |
| Zoning: |
B3 |
| Property Visibility: |
Excellent |
| Highway Access: |
I-295 |
| Airports: |
PWM |
| Tenancy: |
Single Tenant |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
1900 |
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 |
|
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