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    11 Brown St Portland, ME 04105

    For Sale
    $1,200,000

    5,352 SF retail condo with restaurant/bar space for sale.

    Property size:
    5,352 SF
    Lot size:
    0.19 Acres

    Property Features for 11 Brown St

    General Information

    Size
    5,352 SF
    Lot size
    0.19 Acres

    Source: Malone Commercial Brokers Agent Peter A. Harrington

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Condo with Outdoor Patio

    This 5,352 square foot retail condo presents an opportunity to join Portland’s restaurant community. The property includes approximately 3,088 square feet of restaurant/bar space, featuring a full kitchen equipped with a hood, grease trap, stoves, sinks, and other equipment. A large, private outdoor patio is also included. The property also features a 2,264 square foot lower level support area and storage space, complete with an office, walk-in freezers, fire safety equipment, and multiple storage rooms. This location is suited for a motivated restauranteur.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tokyo Sushi Ramen ... Japanese Restaurant Margaritas Mexican Restaurant Mexican Restaurant

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Black Betty's Bistro, LLC, marshmallow cart, Soul Food Paradise, Oga Suya, Black Tie Catering & Events

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2599225
    Latitude
    43.6562039

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    FAQs

    What type of property is this?
    Restaurant - 5,352 SF retail condo with restaurant/bar space for sale.
    Where is this restaurant located?
    The property is located at 11 Brown St Portland, ME.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Fully equipped restaurant/bar space (3,088± SF) with complete kitchen included.; - Large private outdoor patio.; - 5,352± SF retail condo in Portland's restaurant community.
    (207) 318-8888
    Request Owner's contact information
    11 Brown St Portland, ME 04105
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    Portland, ME 04105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Brown St Portland, ME 04105
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