realestate

Restaurant Property Outlook – Nov 2025

November 2025 Portland Food Map: Listings, sponsored by The Boulos Company, aiding Maine restaurants since 1975.

P
ortland Food Map – November 2025

    Sponsored by The Boulos Company, Maine’s restaurant brokerage since 1975

    **West End/Valley/Libby Town**

    270 St John St – 2,714 sf, $17 / sf NNN

    **Arts District**

    540 Congress St – 27,800 sf, $9.50 / sf NNN (Reny’s lease ends Mar 31)

    555 Congress St – 1,908 sf, $20 / sf NNN (former Five Fifty‑Five)

    582‑584 Congress St – 680‑1,555 sf, $2,500‑5,850 / mo NNN (former Harmon’s)

    **Bayside/Inner Washington**

    105 Fox St – 1,950 sf, $5,220 / mo NNN

    52 Hanover St – 1,500 sf, $30 / sf NNN (Armature)

    127 Marginal Way – 3,040 sf, $27 / sf NNN (former All Speed)

    65‑67 Portland St – 2,750 sf, $16 / sf MG (former Thai Esaan)

    114 Preble St – 4,424 sf turnkey, $26 / sf NNN (former Coals) – see Instagram for history

    **Old Port**

    1 Canal Plaza – 4,284‑14,412 sf ground floor, $30 / sf NNN (renovations)

    15 Chestnut St – 14,358 sf, $2,175,000 (auction Nov 13, 500k start) – 175‑seat former Grace

    383 Commercial St – 1,193‑4,805 sf, $28 / sf NNN (new build)

    10 Cotton St – 4,606 sf, $19.05 / sf MG (former Thistle & Grouse, kitchen built‑out)

    8 Exchange St – 1,800‑3,600 sf, $25 / sf MG (former Bar & Bites)

    58 Exchange St – 1,314 sf, $55 / sf MG (former Cheech & Chong)

    373 Fore St – 7,500 sf, $26.50 / sf MG (former Henry’s)

    425 Fore St – 1,548 sf, $70 / sf MG (unopened restaurant)

    433 Fore St – 930 sf lounge, $60 / sf MG (Hyatt)

    100 Middle St – 350 sf café, $850 / mo Gross (first‑floor office)

    151 Middle St – 2,741 sf (former Anthony’s)

    157 Middle St – 2,039‑5,155 sf, $27.95 / sf MG

    191 Middle St – 1,500 sf, $60 / sf MG (former Crystal Joys)

    15 Monument Sq – 1,000 sf, $3,600 / mo NNN (former Sisters Gourmet)

    28 Monument Sq – 8,064 sf (1st‑2nd flr), $12 / sf NNN (Public Market House, kitchen in basement) – see Instagram

    66 Pearl St – 5,796 sf, $15.75 / sf MG (former Bull Moose)

    110 Thames St – 5,772 sf, $35 / sf NNN & 2,575 sf, $35 / sf NNN (Sun Life)

    54 York St – 1,605 sf, $30 / sf MG (Weldon Hotel corner)

    Camp Pennant – brewery/distillery/restaurant for sale (contact Karen Rich)

    **Outer Forest Ave Area**

    332 Forest Ave – 2,309 sf, $16 / sf NNN (Bedford St corner)

    503‑509 Forest Ave – 1,268‑6,313 sf, $15 / sf NNN (renovations)

    683 Forest Ave – space in Woodford’s Corner (Merveille) – call 207‑766‑8845

    1569 Forest Ave – Riverton Station Pizza & Bar & Grill & property, $1,700,000

    1871 Forest Ave – former Tortilla Flats, 8,771 sf, 3.43 acres, $1,750,000

    631 Stevens Ave – 1,000 sf café (Stevens Square Community Center)

    **Elsewhere in Portland**

    1041 Brighton Ave – 2,429 sf, $16‑18 / sf NNN (Panda Garden mall)

    75 Washington Ave – 770 sf kitchen, $1,450 / mo

    123 Washington Ave – 10,894 sf (former Maine Craft Distilling), $16 / sf NNN (restaurant, outdoor seating, parking)

    550 Washington Ave – 2,000‑2,400 sf (former Botto’s), $18 / sf NNN

    Northgate Shopping Center – 1,700 sf available

    Westgate Shopping Center – 1,440; 3,800; 5,000 sf, negotiable rates, strong interest in restaurant tenant

    Navis Cafe, Thames St – 1,456 sf, 36 seats, $1,299,000 (WEX building)

    Other vacated spaces – check closing announcements

    **South Portland**

    239 Ocean St – 1,621 sf former Pizza Joint, $695,000

    **Elsewhere in Maine**

    Bandaloop, Arundel – 20‑yr business, $2,100,000 (selling)

    186 Main St, Auburn – new 5,400 sf (brewery/restaurant), $18.50 / sf NNN; 1,450 sf additional later this year

    111 Bath Rd, Brunswick – Fat Boy Drive‑In, $775,000 (since 1955)

    137 Longwood Rd, Cumberland – 2,110 sf, $20 / sf NNN (partial restaurant conversion)

    319 Main St, Cumberland – 2,148 sf former Rise Pizza & Pub, $950,000 or $5,000 / mo NNN

    261 Shore Rd, Ogunquit – Northern Union, $2,950,000

    23 Terminal Lane, Owls Head – Knox County Airport restaurant, $65,000 + $200 / mo lease (utilities included)

    In Good Company, Rockland – $187,140

    267 Scarborough Downs Rd – six retail spaces 1,091‑2,208 sf, available spring 2027

    60 Mile Rd, Wells – former Varano’s & 2‑bed apartment, $1,695,000 (see Instagram)

    863 Main St, Westbrook – former Frog & Turtle & adjacent retail, $1,900,000

    4 & 7 Dana St, Westbrook – new downtown building, 1,250‑5,085 sf NNN, opening 2027

    10 & 16 Hardy Rd, Westbrook – Lenny’s at Hawkes Plaza, $689,000

    1335 Route 1, Yarmouth – 6,884 sf former Muddy Rudder, for lease

    **Glossary**

    MG – Modified Gross: operating expenses included, tenant pays utilities.

    NNN – Triple Net: tenant pays taxes, insurance, maintenance, utilities separately.

    Gross – All expenses, including utilities, included; tenant handles phone, internet, interior cleaning.

Restaurant property outlook chart for November 2025.