Turnkey Old Port Bar/Restaurant Space for Lease
Retail-Commercial
for Lease
| Catylist Listing ID: |
30874709 |
| Property Subtypes: |
Restaurant, Street Retail, Tavern/Bar/Nightclub
|
| Contiguous Space: |
1,800 - 3,600 SF |
| Gross Building Area: |
See Agent |
| Lease Rate: |
$34.99 PSF (Annual)
|
| Base Monthly Rent: |
$10,497 |
| Lease Types: |
Modified Gross |
| In Opportunity Zone? |
Yes |
| Last Updated: |
8/28/2024 |
Overview / Comments
|
Here’s your chance to lease a turnkey bar/restaurant right in the heart of Portland’s Old Port on Lower Exchange Street. This spot enjoys heavy foot traffic all year round, thanks to the nearby cruise ship docks and the many popular eateries, bars, and shops that make this area Portland's top retail destination. With a walk score of 99, this is one of the most pedestrian-friendly streets in Maine, attracting both locals and tourists alike. You’ll be in good company with neighbors like Papi Portland, Off Track Pizza, Earthbound, Mount Desert Island Ice Cream, Uncommon Paws, The Maine Souvenir Shop, D. Cole Jewelers, Gus & Ruby, Mocean Skateboards, Gross Confection Bar, Blyth & Burrows, and N To Tail. This is a prime location to establish your restaurant or bar in Maine's premier retail district.
|
|
Suite: 1
|
3,600 SF
|
$34.99 PSF (Annual)
Modified Gross
|
| Level/Floor: |
1 |
| Space Available: |
3,600 SF |
| Minimum Divisible: |
1,800 SF |
| Lease Rate: |
$34.99 PSF (Annual)
$10,497 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
6/27/2024 |
| Space Type: |
Relet |
| Tax Expenses |
$1 PSF (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Taxing Authority: |
Portland |
| Tax ID/APN: |
05170_032 I013 |
| Zoning: |
B3 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Convention |
| Property Visibility: |
Excellent |
| Tenancy: |
Multiple Tenants |
| Property Condition: |
Good |
| Year Built: |
1900 |
| Heat Type: |
Natural Gas |
| Heat Source: |
Ceiling Units |
| Lot Frontage: |
1 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
23,835 |
74,064 |
111,394 |
| Median Age: |
34.73 |
37.81 |
39.18 |
| Households: |
12,603 |
34,671 |
50,199 |
|
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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.
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