SELLER FINANCING AVAILABLE / TURN-KEY RESTAURANT

Retail-Commercial for Lease
Catylist Listing ID: 30842910
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Contiguous Space: 6,981 - 7,981 SF
Building Size (RSF): 7,981 SF
Gross Building Area: See Agent
Lease Rate: $30 PSF (Annual)
Base Monthly Rent: $19,952
Lease Types: NNN
In Opportunity Zone? Yes
Last Updated: 10/23/2024

Overview / Comments

- 6,981± SF turn-key restaurant in the heart of Downtown Portland with a 1,000± SF patio Premium signage available and inviting oversized floor to ceiling windows along the Street
- 280+ seating capacity between the main seating area, lounge, bar, chef's table, patio and 1,400± SF private dining room.
- Greater Portland population of 550,000+ with 5,400,000 annual visitors
- 93 Walk Score – Walker's Paradise
- Located in the heart of Portland's vibrant culinary scene and historic area known for its charming brick buildings and bustling waterfront. The area is home to a diverse array of businesses, including boutique shops, galleries, restaurants, and bars, making it a popular destination for locals and tourists alike.

- Lease Rate: $30.00/SF NNN
- Sale Price: $3,500,000 plus FF&E

Expand All Available Space

Suite: 1 7,981 SF $30 PSF (Annual) NNN
Level/Floor: 1
Space Available: 7,981 SF
Minimum Divisible: 6,981 SF
Lease Rate: $30 PSF (Annual)
$19,952 (Monthly)
Lease Type: NNN
Space Description: - 6,981± SF turn-key restaurant in the heart of Downtown Portland with a 1,000± SF patio
- Premium signage available and inviting oversized floor to ceiling windows along the Street
- 280+ seating capacity between the main seating area, lounge, bar, chef's table, patio and 1,400± SF private dining room.
- Greater Portland population of 550,000+ with 5,400,000 annual visitors
- 93 Walk Score – Walker's Paradise
- Located in the heart of Portland's vibrant culinary scene and historic area known for its charming brick buildings and bustling waterfront. The area is home to a diverse array of businesses, including boutique shops, galleries, restaurants, and bars, making it a popular destination for locals and tourists alike.
Date Available: 5/16/2023
Space Type: New
Kitchen Yes
Parking Spaces 2
Tax Expenses $17,897 PSF (Annual)
Operating Expenses $5.39 PSF (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_040 E003
Zoning: B5B
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Tenancy: Single Tenant
Number of Stories: 1
Property Condition: Excellent
Year Built: 2014
Total Parking Spaces: 2
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Inquire with broker for full list of equipment and furniture
Lot Frontage: 1
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,727 73,892 111,093
Median Age: 35.1 37.61 39.15
Households: 11,730 34,530 50,070

Contact

The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.