Overview
Historic Landmark in Downtown Portland
Located at 15 Chestnut Street in Portland, Maine, this historic landmark, formerly the Chestnut Street Church, offers a unique acquisition opportunity. Constructed in 1856, this Gothic Revival building spans 14,358 square feet on approximately 0.195 acres. The property has been fully restored to modern standards while preserving original architectural details such as stained glass, cathedral ceilings, and detailed woodwork. Previously operating as Grace Restaurant and Trine Events, it has established itself as a premier dining and event venue. The building features a mezzanine level, a central bar, an open kitchen, and a lower-level event space. It is fully sprinklered and climate controlled, and includes most existing furniture, fixtures, and equipment. The property is located in Portland’s B-3 Downtown Business District, allowing for a wide array of commercial and residential uses. Potential reuses include hospitality (hotel, hostel, B&B), multi-family or mixed-use development, cultural and performance venues, retail, offices, restaurants, bars, and breweries. The property also qualifies for historic tax credits, creating additional redevelopment incentives. It is on the National Register of Historic Places and is a 2009 Preservation Award winner. The building includes 27 stained glass windows, cathedral ceilings, and exposed beams, with modern HVAC, fire, and utility systems. An auction is scheduled to be held on November 13, 2025 at 1:00 p.m. at the property.
