Restaurant Real Estate: August 2022

Welcome to the August 2022 edition of the Portland Food Map restaurant real estate listings sponsored by The Boulos Company—a commercial real estate brokerage that has helped Maine’s restauranteurs buy and lease restaurant spaces since 1975.

This monthly column gathers in one convenient place the spaces available in Portland that could be potential sites for restaurants and food producers/retailers to locate their next business. Finding the right spot is one of the crucial early challenges in launching a new business and hopefully this resource will make that step just a little bit easier.

West End

156 State St – 5,250 sq ft of space on the first floor of the Portland Club is available for $14/sq ft (NNN).

235 Vaughan St – the 700 sq ft space most recently occupied by Other Side Deli and which had been the longtime home of Vaughan Street Variety is for lease. Call (207) 650-0846 for more information.

Arts District

554 Congress St – 1,621 sq ft former Dunkin’ Donuts space with hood for $2,301/month (NNN).

605 Congress St – a 1,180 sq ft retail space in the State Theatre building is available for $25 – 35/sq ft (MG).

642 Congress St – the former Ada’s space is available to sublet; 2,569 sq ft (MG).

647 Congress St – 1,107 sq ft of space near Longfellow Square is available for $20/sq ft (MG).

649 Congress St – this 3,000 sq ft space is available for $22/sq ft (MG).

142 High St – a 543 sq ft retail space in the State Theatre building that faces High Street is available for $25 – 35/sq ft (MG).

Bayside

31 Diamond St – this 2,800 sq ft industrial space in East Bayside is available for $16/sq ft (NNN).

178 Kennebec St – a 2,644 sq ft space on the first floor of a new building in West Bayside is available for $30/sq ft (NNN).

127 Marginal Way – 3,040 sq ft of space that’s been the home of Allspeed Cycle & Snow is for lease for $32/ sq ft (NNN).

65 Portland Street – the beautiful restaurant space that was home to Back Bay Grill for 34 years is available; 2,750 sq ft for $22/sq ft (MG).

24 Preble St – the former Arcadia space is available; 2,835 sq ft for $20/sq ft (NNN).

Old Port

1 Commercial St – the original location of Benkay at the corner of Commercial and India Streets is available. The 2,494 sq ft is for lease at $35/sq ft (NNN).

383 Commercial St – 2,223 square feet of retail space on Commercial Street is available for $28/sq ft (NNN).

443 Congress St – 5,280 sq ft of space for lease for $16-20/sq ft (MG). It’s located across Elm Street from the Portland Public Library.

446 Fore St – 1,600 to 3,400 sq ft of space for lease for $30-40/sq ft (MG). It’s located in the building that was formerly occupied by the Pearl Tap House.

40 Free St – the new building constructed by JB Brown has four storefronts ranging in size from 1,358 to 3,067 sq ft for $30/sq ft (NNN).

55 Market St – this 3,700 sq ft space on Market Street was formerly occupied by the Big Easy. It’s available for $24/sq ft (NNN).

75 Market St – the 5,474 sq ft space on the corner of Market and Middle Streets occupied by Rambler’s Way is for lease for $37/sq ft (MG).

157 Middle St – 1,091 – 5,155 sq ft of retail space is available for $27 – 29.95/sq ft (MG).

1 Monument Square – 1,500 sq ft of first floor space for $3,125/month (MG).

25 Pearl St – 1,689 sq ft former Subway space available for $30/sq ft (MG).

66 Pearl St – 5,796 sq ft of space—the former Bull Moose retail shop—is available for $15.75/sq ft (MG).

15 Temple St – the 2,086 sq ft space formerly occupied by Bubble Maineia is available for $26/sq ft (MG).

41 Wharf St – the former Jager space is available; 1,107 sq ft for $43/sq ft (MG).

42 Wharf St – this 3,770 sq ft space in the Old Port includes a 2,000 sq ft patio, $45/sq ft (MG).

India/Washington Ave

100 Fore St – 1,914 sq ft of space that the listing says is “ideally suited for a restaurant use” is available for $30/sq ft.

5 India St – 1,250 – 2,500 sq ft for $35/sq ft (NNN) in a new building under construction near the intersection with Commercial St.

83 Middle St – 1,480 sq ft of retail space is available in the new building being constructed across the street from Eventide; $30/sq ft (NNN)

Forest Ave

369 Forest Ave – 5,040 sq ft of space adjacent for Forest Gardens on Forest Ave is available for $15/sq ft.

500 Forest Ave – a 1,500 – 3,200 sq ft space is currently occupied by Starbird. It’s available for $16/sq ft (MG).

945 Forest Ave – the former Photo Market building is for sale for $995,000.

Other

936 Brighton Ave – 1,995 sq ft of space in an 11k sq ft building that’s the future home of Allspeed Cycle and Snow for $20/sq ft.

155 Riverside St – the Season’s Bar & Grille and Banquet Center is for lease. The 23,750 sq ft facility includes parking and all furniture, fixtures and equipment.

1339 Washington Ave – the former Parker’s restaurant is available for sale for $2,750,000, or for lease for $9,000/month (NNN).

Buxton – the former Buxton Commons restaurant is available for sale or lease. Lease terms are $4,500/month (NNN) for 3,600 sq ft of space.

Northgate Shopping Center – 2,200 to 5,700 sq ft of space is available.

18 Ocean St, South Portland – the former Snow Squall is for lease for $15/sq ft (NNN).

Westgate Shopping Center – four spaces are for lease at $18-40/sq ft (NNN).

Biscuits & Co, Biddeford – Biscuits & Co closed on October 16th and the business and equipment is for sale. Contact Biscuitsandcompany@gmail.com for more information.

Other Spaces – some vacated restaurant spaces haven’t yet been formerly listed for by the owner. Check the closing announcements for the latest information.

Glossary

MG – Modified Gross which indicates that the operating expenses (taxes, insurance, maintenance, etc.) for the property are included in the lease rate. The tenant would pay its own utilities, which sometimes includes heat.

NNN – Triple Net which indicates that operating expenses are not included in the lease rate, and the tenant will pay them separately. They are often referred to as CAM (Common Area Maintenance) charges and taxes, which are expressed as $/sf. The tenant is also responsible for utilities.

Gross – Gross indicates all expenses including utilities are included in the lease rate. The tenant would be responsible for phone and internet access, as well as interior janitorial.

Brienne Allan, Sacred Profane

The Press Herald has published an article about Brienne Allan, a co-owner and the head brewer at the soon-to-open new Biddeford brewery Sacred Profane (more info).

The lagers she’s producing now are like the brewer’s equivalent of double-black diamond ski trails. They demand technical expertise, an intuitive feel for the brewing process that comes from years of experience, and a sophisticated, nuanced palate.

“Brienne is easily one of the most knowledgeable brewers I’ve ever encountered, especially when it comes to Czech- and German-style lagers,” said Robert Hughes, marketing manager of Notch Brewing. “No one is as fastidious, passionate, creative or knowledgeable as she is in that field, for sure.”

New Owners at Nosh

Owners Jason Loring, Matt Moran, and Tobey Moulton closed on the sale of Nosh Kitchen Bar to Michael Fraser, Michael Barbuto and Kevin Doyle on Monday. They expect to reopen Nosh later this week.

The new owners plan to remain true the spirit of Nosh with a focus on well executed comfort food. They will be keeping some of the standards from the Nosh menu and folding in some new ideas of their own including a classic cocktail program. Chef Aaron Taylor was been hired to lead the kitchen.

In addition to Nosh, Barbuto and Doyle are currently working to launch The Continental on Brighton Ave. The pair also are co-owners with Fraser at CBG.

Loring has been involved in the launch of a number of new restaurants since Nosh opened in 2010. He’s currently focusing his time on the Slab retail pizza business. Moran is partnering with Joe Fournier in the relaunch of A & C in South Portland.

Allagash Cider Launches Thursday

Allagash Brewing has begun producing cider which will be available at their Portland tasting room starting this Thursday.

The cider used a mix of Cortland, Honey Crisp, Golden Delicious, Goldrush, Crimson Crisp, Northern Spy, Roxbury Russet, Hudson’s Golden Gem, and Esopus Spitzenburg and is fermented with a Pét-nat yeast strain and a yeast strain harvested from their spontaneously fermented Coolship beers and then aged in oak barrels. It weighs in at 6.1% ABV.

Allagash also produces a notable cider-adjacent product is the Allagash Coolship Pomme which initially launched in 2021.

For a complete list of Maine cider producers see our Guide to Maine Cider.

Urban Farm Fermentory Purchased

Eli Cayer has sold Urban Farm Fermentory to Maine Standard Biofuels. According to the announcement the two companies will be moving to a 12-acre green industrial park that Maine Standard Biofuels is building in Windham. The site will include agricultural fields where herbs for UFF beverages will be grown and will the site will also house “incubator sites for like-minded start-ups”.

Both men started their companies with a passion for serving local customers with products that reflect their deep respect for the natural world. Kaltsas built a business that refines potential pollutants into clean-burning biofuels and cleaners. Cayer crafted fermented beverages that captured the authentic taste of wild Maine-grown ingredients. Years of shared ideas on practices that mimic nature’s efficiency eventually led to the pair’s decision for a sale that would plant the seed for a collaborative business model that sets new standards for triple-bottom-line sustainability.

Cayer founded Urban Farm Fermentory in 2010. The company produces a line of fermennted products that include ciders, kombuchas, beers, gruit, jun, mead and vinegars. They are currently located on Anderson Street in East Bayside.

Upcoming Events: Francois Tuyishime, Seafood Cook-off

FridayTime and Tide is hosting Francois Tuyishime of Yego Coffee for a conversation about, “coffee growing in Rwanda, the challenges of importing coffee during a pandemic, and more”.

SaturdayDila Maloney, the chef/owner of Dila’s Kitchen will be competing in the Great American Seafood Cook-off in Louisiana.

August 10 – Radici is serving a 5-course dinner with pairings.

August 13 – the 91st Annual Saint Peter’s Bazaar.

August 19 – 21 – the 2022 edition of the Maine Apple Camp is taking place.

August 21Crispy Gai and Turkey and the Wolf from NOLA are holding a joint food event and book signing.

September 3Tender Table is holding their 2nd Annual Food & Art Fair in Congress Square Park.

September 19 – 25Maine Lobster Week is taking place in Skowhegan.

September 23 – 25 – the Common Ground Fair is taking place in Unity.

October 8 – Oxbow is holding their annual Goods from the Woods event in Newcastle.

October 9 – the Maine Cheese Guild is holding Maine Open Creamery Day.

Review of Regards

Today’s Maine Sunday Telegram includes a 3 star review of Regards.

All the elements are there: from a hip, lime-bleached brick interior set off in dynamic washes of orange and pink, to unflappable service and an imaginative menu that seeks to intertwine mostly Mexican and Japanese influences. What’s missing is consistent, confident execution of dishes. Some are nearly at their best, like a tepache-inspired ice cream made with fermented pears, and a large-format shareable platter of grilled, miso-basted hamachi collar that needs the hit of acid from the charred lemon and less nori than is provided.

NA Beer

This week’s Portland Phoenix includes an article about Maine’s growing non-alcoholic beer market.

Portland is renowned for its craft beer scene, its brewery parking lots packed with cars with out-of-state vehicles.

But two newer craft beers – 1820 and Kit NA – are setting themselves apart in a fairly big way: they’re alcohol-free.

Non-alcoholic beer has come a long way in the past few years. Gone are the days when a beer lover’s only options were O’Doul’s or St. Pauli Girl. Now, the market for craft non-alcoholic beer is taking off, and even the biggest beer snob can probably find something they like, from hazy IPAs to dark coffee stouts.

KitNA launched in 2021 and 1820 Brewing has just launched this month.

Bread and Olive

Bread & Olive (facebook, instagram) is making progress towards an opening day at their location at the corner of Valley and Congress Streets. Owner Sarah Martin, who also operates the Bar of Chocolate Cafe on Wharf Street, is renovating the space formerly occupied by The 5 Spot to bring the new establishment to her neighborhood.

Bread & Olive will seat approximately 40 customers with a 9-seat bar and a collection of 4-top tables as well. Here’s a look at the draft menu (below). In addition Martin plans to serve daily specials such as chili, cioppino fish stew, salmon tacos, pizzettes, spinach and mushroom quiche, a mixed greens salad with pecans, blue cheese and sweet onions.