Welcome to the May 2022 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.
West End
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).
642 Congress St – the former Ada’s space is available to sublet; 2,569 sq ft (MG).
643/647 Congress St – 1,107 – 5,016 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).
Bayside
15 Chestnut St – the 14,000 sq ft building that was the former home of Grace is for sale for $3,730,000.
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 – a 2,644 sq ft space on the first floor of a new building in West Bayside is available for $30/sq ft (NNN).
211 Marginal Way – the 4,052 sq ft space on the corner of Marginal Way and Franklin occupied by Bayside Bark is for lease for $40/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 $25/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 – 1,639 – 3,487 of retail space on Commercial Street for $28/sq ft (NNN).
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).
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).
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).
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 1,702 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”.
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.
47 India St – 1,000 sq ft of the former Lois’ Market building is for lease, $40/sq ft (NNN).
Forest Ave
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 – 500- 1,220 sq ft of space in the former Photo Market building for $750 – 1,800 (MG).
Other
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).
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 – 2,400 sq ft in Union Station Plaza for $14/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.
