realestate

Restaurant Property Update: Oct 2025

October 2025 Portland Food Map listings, sponsored by The Boulos Company—Maine's restaurant brokerage since 1975.

O
ctober 2025 Portland Food Map – listings from The Boulos Company, a brokerage serving Maine’s food industry since 1975.

    **West End / Valley / Libby Town**

    - 270 Saint John St – 2,714 sf, $17 / sf (NNN).

    - 540 Congress St – 27,800 sf, $9.50 / sf (NNN); tenant Reny’s not renewing (expiring Mar 31).

    - 555 Congress St – 1,908 sf, $20 / sf (NNN).

    - 582‑584 Congress St – 680‑1,555 sf, $2,500‑$5,850 / mo (NNN).

    **Bayside / Inner Washington**

    - 105 Fox St – 1,950 sf, $5,220 / mo (NNN).

    - 52 Hanover St – 1,500‑3,000 sf, $30 / sf (NNN); one spot earmarked for coffee shop.

    - 127 Marginal Way – 3,040 sf, $27 / sf (NNN).

    - 65‑67 Portland St – 2,750 sf, $16 / sf (MG).

    - 114 Preble St – 4,424 sf turnkey, $26 / sf (NNN); includes parking & outdoor seating.

    **Old Port**

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

    - 15 Chestnut St – 14,358 sf, $2,175,000 (building, assets, FF&E).

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

    - 10 Cotton St – 4,606 sf, $19.05 / sf (MG).

    - 8 Exchange St – 1,800‑3,600 sf, $25 / sf (MG).

    - 373 Fore St – 7,500 sf, $26.50 / sf (MG).

    - 425 Fore St – 1,548 sf, $70 / sf (MG).

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

    - 477 Fore St – 1,134 sf, available.

    - 100 Middle St – 350 sf café, $850 / mo (Gross).

    - 151 Middle St – 2,741 sf, available.

    - 157 Middle St – 2,039‑5,155 sf, $27.95 / sf (MG).

    - 191 Middle St – 1,500 sf, $60 / sf (MG).

    - 15 Monument Square – 1,000 sf, $3,600 / mo (NNN).

    - 28 Monument Square – 8,064 sf (1st‑2nd fl), $12 / sf (NNN); kitchen in basement, Yardie Ting & Bub’s Home Kitchen occupy parts.

    - 66 Pearl St – 5,796 sf, $15.75 / sf (MG).

    - 110 Thames St – 5,772 sf, $35 / sf (NNN); 2,575 sf, $35 / sf (NNN).

    - 54 York St – 1,605 sf, $30 / sf (MG).

    - Camp Pennant – brewery/distillery/restaurant for sale; contact Karen Rich ([email protected], 207‑210‑6637).

    **Outer Forest Ave Area**

    - 332 Forest Ave – 2,309 sf, $16 / sf (NNN).

    - 503‑509 Forest Ave – 1,268‑6,313 sf, $15 / sf (NNN) (renovations complete this year).

    - 683 Forest Ave – space in Woodford’s Corner, 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 on 3.43 acres, $1,750,000.

    - 631 Stevens Ave – 1,000 sf café in Stevens Square Community Center, lease.

    **Elsewhere in Portland**

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

    - 123 Washington Ave – 10,894 sf, $16 / sf (NNN); includes restaurant, outdoor seating, parking.

    - 550 Washington Ave – 2,000‑2,400 sf, $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 Café, Thames St – 1,456 sf, 36 seats, $1,299,000.

    - Other vacated restaurant spaces – check closing announcements for opportunities.

    **South Portland**

    - 60 Ocean St – 6,006 sf, $11.98 / sf (NNN); Taco Trio moved to 119 Ocean St.

    - 239 Ocean St – 1,621 sf, $695,000.

    **Elsewhere in Maine**

    - Bandaloop, Arundel – 20 yr business, $2,100,000.

    - 186 Main St, Auburn – new 5,400 sf space for brewery/restaurant, $18.50 / sf (NNN); 1,450 sf additional later.

    - 9 Centre St, Bath – 2,700 sf, $3,000 / mo (MG); first‑time restaurant, contact Bath Maine Rentals.

    - 111 Bath Rd, Brunswick – Fat Boy Drive‑In, $775,000.

    - 137 Longwood Rd, Cumberland – 2,110 sf, $20 / sf (NNN).

    - 319 Main St, Cumberland – 2,148 sf, $950,000 or $6,500 / mo (NNN).

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

    - 23 Terminal Lane, Owls Head – Knox County Airport restaurant, FF&E $65,000, $200 / mo lease incl. utilities.

    - In Good Company, Rockland – $187,140.

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

    - 60 Mile Rd, Wells – former Varano’s, 2 bd apartment, $1,695,000.

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

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

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

    **Glossary**

    - **MG** – Modified Gross: operating expenses (taxes, insurance, maintenance) included; tenant pays utilities.

    - **NNN** – Triple Net: tenant pays operating expenses separately (CAM, taxes, utilities).

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

Restaurant property exterior, October 2025 renovation update.