Welcome to the December 2021 edition of the Portland Food Map restaurant real estate listings sponsored by The Boulos Company. 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.
Even during the pandemic many people are pursuing their dreams and opening new food businesses. Finding the right spot is one of the crucial early challenges in launching a new business and hopefully this new resource will make that step just a little bit easier.
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.
101 York St – 7,391 sq ft of a 15,000 sq ft sub-dividable space in the new building on the corner of York and High Street is available for $15-20/sq ft (NNN). The space already has a hood vent and grease traps installed.
554 Congress St – 1,621 sq ft former Dunkin’ Donuts space with hood for $17.04/sq ft (NNN).
555 Congress St – the former Five Fifty-Five building is for sale for $2,400,000.
170 Anderson St – 2,000 – 3,500 sq ft in East Bayside available for $15/sq ft (NNN).
15 Chestnut St – the 14,000 sq ft building that was the former home of Grace is for sale for $3,730,000.
360 Cumberland Ave – two spaces (900 sq ft on Cumberland Ave and a 1,000 sq ft space in a building set back from the street) are available for $24-25/sq ft (NNN).
31 Diamond St – this 2,800 – 22,034 sq ft industrial space in East Bayside is available for $16/sq ft (NNN).
178 Kennebec St – 4 retail spaces (1,800 – 5,314 sq ft) on the first floor of a new building for $30/sq ft (NNN).
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 – 1,639 – 3,487 of retail space on Commercial Street for $28/sq ft (NNN).
30 Danforth St – 3 units (1,800, 1,881, 2,900 sq ft) are for lease at $2,900 – $3,950/month (MG).
446 Fore St – 1,600 – 3,400 sq ft in the former Pearl space with entrances on Wharf and Fore Streets is available for $30-40/sq ft (MG).
40 Free St – A new building is under construction on Free Street by JB Brown. The first floor will have 4/5 storefronts ranging in size from 1,358 to 3,067 sq ft. The construction is expected to be completed in 2021. The rate is $30/sq ft (NNN).
5 India St – 1,250 – 2,500 sq ft for $30/sq ft (NNN) in a new building under construction near the intersection with Commercial St.
38 Market St – a 1,200 subterranean space near the intersection with Milk Street for $1,175/month (MG).
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).
157 Middle St –1,071 – 6,356 sq ft for $27.95/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).
1 Pleasant St – 850 sq ft of space adjacent to Hi Bombay for $4,000/month (NNN).
3 Portland Square – This new building will include 2,500 – 20,000 square feet of retail space for$28.50/sq ft.
3 Spring St – the 2,554 sq ft former Lio space is available at $19/sq ft (NNN).
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).
100 Fore St – 1,914 sq ft of space that the listing says is “ideally suited for a restaurant use” for $27-30/sq ft (NNN).
22 Hancock St – 978 sq ft for $2,300/month (MG).
333 Forest Ave – a 2,468 retail space is available for $16/sq ft (MG).
701 Forest Ave – this former Rite Aid building is being converted and has 4 retail spaces available for $16-20/sq ft (NNN).
1190 Forest Ave – located right in the center of Morrill’s Corner. 3,000 – 5,082 sq ft at $12 – 20/sq ft (NNN).
170 Brighton Ave – a 2,173 sq ft free-standing building which most recently was home to D Ajan’s Market, includes parking; $22/sq ft.
873 Brighton Ave – the 1,334 sq ft building that formerly housed the Redemption Center is for sale for $465,000.
441 Congress St – The 2,400 sq ft former home of Guitar Grave across the street from 1 Monument Square is available for $20/sq ft.
1020 Congress St – a 3,375 service station that is going to be “redeveloped as part a planned mixed use development”. The finished space will be available for $18/sq ft (NNN).
88 Danforth St – a 1,231 sq ft free-standing building on Danforth Street is for sale for $269,000.
132 Marginal Way – 1,584 sq ft of retail space available for $25/sq ft (NNN).
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.
240 Saint John St – 1,661 – 10,000 sq ft in Union Station Plaza for $12-14/sq ft (NNN)
Westgate Shopping Center – two spaces are for lease at $17-37/sq ft (NNN).
158 Pickett St, South Portland – the former home of 158 Pickett Street Cafe is for lease. Call (207) 615-2858 for more information.
23 Lincoln St, Biddeford – a 12,600 sq ft space divided equally on two floors, each floor has a kitchen with hoods is available for $11/sq ft (NNN). Contact Tony Delois for more information at firstname.lastname@example.org.
Gather, Yarmouth – Owner Matthew Chappell has put his Yarmouth restaurant, Gather, up for sale.
Other Spaces – some vacated restaurant spaces haven’t yet been formerly listed for by the owner. Check the closing announcements for the latest information.
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.