realestate

January 2025 Restaurant Property Market Update

December 2024 Portland Food Map, Sponsored by The Boulos Company: Restaurant Real Estate Listings

W
elcome to the December 2024 edition of 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 and retailers.

    West End/Valley/Libby Town

    - 87 Brackett St: Former OhNo Cafe, 1,077 sq ft, $2,700/month + utilities (MG), basement area included.

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

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

    Arts District

    - 511 Congress St: Former Golden Lotus space, 2,875 sq ft, $16.50/sq ft.

    - 554 Congress St: Former Dunkin' Donuts space, 1,621 sq ft, $17.04/sq ft (NNN).

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

    Bayside/Inner Washington

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

    - 178 Kennebec St: Bayside building space, 2,644 sq ft, $25/sq ft (NNN).

    Old Port

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

    - 15 Chestnut St: Building that was home to Grace restaurant, 14,358 sq ft, for sale.

    - 185 Commercial St: New building retail space, 2,334 sq ft, $55/sq ft (NNN).

    Other areas in Portland

    - 77 Free St: Former Free Street restaurant and bar space, 8,500 - 17,000 sq ft, $5/sq ft (NNN).

    - 100 Middle St: Cafe space, 350 sq ft, $850/month (G).

    - 121 Middle St: Retail spot, 2,482 sq ft, $45/sq ft (MG).

    South Portland

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

    - 60 Ocean St: Taco Trio restaurant space, 6,006 sq ft, $19.98/sq ft (NNN).

    - 145 Ocean St: Former BenReuben's space, ~1,000 sq ft, $3,000/month (MG).

    Elsewhere in Maine

    - Westbrook: Phoever owners looking for someone to takeover their space.

    - Scarborough: The Downs restaurant space, 2,019 sq ft, for sale.

    - Wells: Varano's Restaurant building and apartment, for sale.

Restaurant property market trends in January 2025, global economic analysis.