realestate

February 2025 Restaurant Property Market Update

February 2025 Portland Food Map: Restaurant Real Estate Listings Sponsored by The Boulos Company

W
elcome to the Portland Food Map restaurant real estate listings, sponsored by The Boulos Company. This resource gathers available spaces in Portland and surrounding areas that could be potential sites for restaurants and food producers/retailers.

    West End/Valley/Libby Town

    - 87 Brackett St: Former OhNo Cafe (1,077 sq ft) is for lease ($2,700/month + utilities).

    - 919 Congress St: Former Salvage BBQ building (9,540 sq ft) is available for $20/sq ft.

    - 270 Saint John St: Union Station Plaza space (2,714 sq ft) is available for $17/sq ft.

    Arts District

    - 486 Congress St: Former cannabis retail space (2,400 sq ft) is available for $22/sq ft.

    - 511 Congress St: Former Golden Lotus space (2,875 sq ft) is available for $16.50/sq ft.

    - 594 Congress St: Upper H. H. Hay Building space (2,592 sq ft) is available for $28/sq ft.

    Bayside/Inner Washington

    - 52 Hanover St: Armature building retail space (1,500 - 3,000 sq ft) is available for $30/sq ft.

    - 178 Kennebec St: Newly constructed Bayside building space (2,644 sq ft) is available for $25/sq ft.

    Old Port

    - 0 Canal Plaza: Former Nosh Taco building (1,350 sq ft) is for lease ($60/sq ft).

    - 15 Chestnut St: Building that was home to Grace restaurant is for sale ($2,595,000).

    South Portland

    - 740 Broadway: Former Two Fat Cats space (1,200 sq ft) is available for $2,494/month.

    - 60 Ocean St: Taco Trio's former space (6,006 sq ft) is for lease ($16.98/sq ft).

    Elsewhere in Maine

    - 100 Larrabee Rd, Westbrook: Phoever owners are looking for someone to take over their space when they move to a new location.

    - 188 Lincoln St, Lewiston: Former fire station (2,371 - 5,554 sq ft) is available for $5-14/sq ft.

    Glossary:

    MG - Modified Gross

    NNN - Triple Net

    Gross - All expenses included in the lease rate

Restaurant property market update in February 2025, with rising trends globally.