Restaurant Real Estate: May 2026

Welcome to the May 2026 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 resource gathers in one convenient place the spaces available in Portland (and a few in the surrounding area) that could be potential sites for restaurants and food producers and 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/Libby Town/Parkside

770 Congress St – A 2,602 sq ft building near Bramhall Square is for sale for $850,000.

785 Congress St – A 1,619 sq ft retail space near Bramhall Square is available for $23/sq ft (NNN).

Arts District

11 Brown St – The 5,352 sq ft restaurant space currently occupied by Tokyo Sushi Ramen is for sale for $725,000. It comes with a fully equipped kitchen.

25 Casco St – A 627 sq ft cafe space in the Equality Commons building is available to lease for $20/sq ft (MG).

540 Congress St – The 25,800 sq ft building formerly occupied by Reny’s is for lease for $7.50/sq ft (NNN).

555 Congress St – The 1,908 sq ft former Five Fifty-Five dining room and mezzanine are available to lease for $20/sq ft (NNN). The entire building at 55 Congress St is for sale for $1M.

582-584 Congress St – The 680-1,555 sq ft space formerly occupied by Harmon’s is for lease for $2,500 – $5,850/month (NNN).

649 Congress St – The 3,850 sq ft former Novel is available for $20/sq ft (MG).

Bayside/Inner Washington

239 Congress St – The Tiny Tim’s space is available. Call (207) 450-6610 for more information.

31 Diamond St – The 3,288 sq ft former Freedom’s Edge tasting room is available for $18/sq ft (NNN).

52 Hanover St – 1,500 sq ft of retail space on the first floor of the Armature building is available for $30/sq ft (NNN).

65 Hanover St – The 1,800 sq ft space that had formerly been occupied by the When Pigs Fly retail shop in 2024 is available for $25/sq ft (NNN).

65-67 Portland St – The 2,750 sq ft former Thai Esaan/Back Bay Grill space is available for $16/sq ft (MG).

114 Preble St – The former Coals building is available to lease. The 4,424 sq ft turnkey restaurant is listed at $26/sq ft (NNN) and includes onsite parking and outdoor seating.  For more information on the building and its history see this post on instagram.

Old Port

327 Commercial St – The 6,981 – 7,981 sq ft space currently occupied by Tiqa is available for lease or to buy. The lease rate is $25/sq ft (NNN). The sale price is $2,900,000.

57 Exchange St – The 2,454 sq ft former Gross Confection space is available. For more information contact Peter Harrington (207) 772-2422.

368 Fore St – The 5,458 sq ft former Old Port Billiards space is available for $20/sq ft (NNN).

375 Fore St – The 2,500 sq ft central bar and dining area of the former Henry’s Public House is available to lease for $26.50/sq ft (NNN).

416 Fore St – The 1,100 sq ft former Mark’s Place is available for  $5,500/month (MG).

420 Fore St – The 2,200 sq ft former Old Port Slice Bar space is available for $50/sq ft (MG).

425 Fore St – This 1,548 sq ft space had been built as a restaurant which never opened. It’s now available for $70/sq ft (MG).

127 Middle St –The 3,512 sq ft former Cellardoor tasting room is for lease for $43/sq ft (NNN).

157 Middle St – A 2,039 – 5,155 sq ft retail space is available for $27.95/sq ft (MG).

191 Middle St – The 1,500 sq ft retail space formerly occupied by Crystal Joys is for lease for $60/sq ft (MG).

15 Monument Square – The 1,000 sq ft former Sisters Gourmet Deli space is available to lease for $3,600/month (NNN).

28 Monument Square – The building owner is seeking someone to lease the Public Market House and develop the food hall as an incubator space for new food businesses. The 8,064 sq ft space spans the 1st and 2nd floors and has a commercial kitchen in the basement. The well-loved Jamaican restaurant Yardie Ting already occupies part of the first floor and Bub’s Home Kitchen has moved in on the second floor with the remainder of the building vacant and already built out with kitchen infrastructure needed for new businesses. 28 Monument Square is listed at $12/sq ft (NNN), the market portion of the building is also for sale for $1,699,000. For more information on the building and its history see this post on instagram.

66 Pearl St – The 5,796 sq ft space that was the former home of Bull Moose is available for $15.75/sq ft (MG).

110 Thames St – Two spaces in the Sun Life building are available: a 5,772 sq ft space for $35/sq ft (NNN) and 2,575 sq ft space for $35/sq ft (NNN).

Outer Forest Ave Area

332 Forest Ave – A 2,309 sq ft space in a building at the corner of Bedford Street and Forest Ave is available for $16/sq ft (NNN).

1569 Forest Ave – The Riverton Station Pizza, Bar & Grill and the property it is on are for sale for $1,700,000.

1871 Forest Ave – The former Tortilla Flats is for sale. The 8,771 sq ft building is on 3.43 acres of property and is listed for $1,750,000.

1435 Forest Ave – The 2,910 sq ft former Fortune Garden building is for sale for $599,000.

Elsewhere in Portland

144 Fore St – several retail space in the same building as Madrid’s are available. They run from 1,527 to 3,544 sq ft and are listed at $17.50 – $19/sq ft.

375 Riverside St – several retail spots ranging from 3,050 – 26,285 sq ft are available to lease for $16-19/sq ft (NNN).

123 Washington Ave – The space formerly occupied by Maine Craft Distilling is being subdivided into 4 retail spaces and 2 earmarked for bars or restaurants. They range in size from 1,005 to 2,542 sq ft and are available for $18 – $33 (NNN). For more information contact Brice O’Connor at (207) 553-1725 or boconnor@boulos.com.

Westgate Shopping Center – 1,340-4,921 sq ft of space are available. The lease rates are negotiable.

Other Spaces – Some vacated restaurant spaces haven’t yet been formerly listed for by the owner. Check the closing announcements for insights on where those opportunities may be.

South Portland

725 Broadway – The 15,524 sq ft former Broadway Bowl building is for sale for $3,200,000, and also available to lease.

1422 Broadway – This 1,440 sq ft restaurant building in Cash Corner is for lease for $27/sq ft (NNN).

185 Cottage Rd – The 2,647 sq ft former Mast Landing tasting room is for lease for $15.30/sq ft (NNN). It includes 20 parking spaces.

465 Maine Mall Rd – a 6,250 sq ft restaurant building formerly occupied by Chili’s is available for $35/sq ft.

60 Ocean St – The restaurant space had been occupied by Taco Trio is for lease. The 6,006 sq ft space is available for $9.99/sq ft (NNN). Taco Trio has returned to their original location at 119 Ocean Street.

Elsewhere in Maine

Bandaloop, Arundel – After 20 years in business the owners of Bandaloop have shared plans to sell the restaurant property.

186 Main St, Auburn – A new building under construction along the Androscoggin River will include a 4,776 sq ft space that the owners hope to lease to a brewery or restaurant. It’s available for $18.50/sq ft (NNN). An additional 1,340 sq ft space will also be available when construction is completed.

111 Bath Rd, Brunswick – The Fat Boy Drive-In business and property is for sale for $695,000. Fat Boy has been in business since 1955.

137 Longwood Rd, Cumberland – A 2,110 sq ft building that’s been partially converted for use as a restaurant is for sale for $497,000. See photos in the listing for a look at the current state of construction.

267 Scarborough Downs Rd, Scarborough – Six retail spaces in a new building at The Downs are available. They range in size from 1,091 – 5,248 sq ft. They’ll be available to occupy in the spring of 2027.

4 & 7 Dana St, Westbrook – A 5,085 sq ft restaurant space is available in a new building that is under construction with plans to open in 2027.

1335 Route 1, Yarmouth – The 6,884 sq ft former Muddy Rudder building is for lease.

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.

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