Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    28 Monument Sq Portland, ME 04101

    For Lease
    $25 SF/Yr ($17,143 /Mo)

    8,229 SF food hall in downtown Portland for lease.

    Property size:
    8,229 SF
    Lot size:
    0.07 Acres

    Property Features for 28 Monument Sq

    General Information

    Size
    8,229 SF
    Lot size
    0.07 Acres

    Source: The Boulos Company Agent Cameron Foster

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

    Overview

    Downtown Portland Food Hall Space

    An 8,229 square foot food hall is available for lease in downtown Portland, prominently located on historic Monument Square. The space is configured as a food hall spanning two floors, with a full kitchen support area located in the lower level. It can accommodate up to ten food operators and includes five fully equipped kitchen stations, each featuring a hood system, grease interceptor, and sinks, ready for immediate use. The location benefits from high foot traffic and visibility, surrounded by office buildings, restaurants, retailers, and residences. Several new and planned redevelopments are located in the area. The first floor and basement can be leased separately for restaurant use at $25.00 per square foot on a triple net lease basis. Current tenants include Yardi Ting, Bub’s Home Kitchen, and Blend It Maine.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Public Market House Restaurant YardieTing Jamaican Restaurant Pie In the Sky Pizza Italian Restaurant Daily Greens Restaurant The Frying Dutchman 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.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.259114
    Latitude
    43.6569781

    Nearby Similar for Lease

    • $19 SF/Yr
      1,550 SF

      Waterfront Commercial Space on Portland Pier

      1,550 SF commercial space with harbor views.
      39 Portland Pier, Portland, ME 04101
      View Details
    • $40 SF/Yr
      800 SF

      Retail Space on Portland Waterfront

      Retail or service space with excellent waterfront visibility.
      1 Commercial St, Portland, ME 04101
      View Details
    • $8 SF/Yr
      5,442 SF

      Portland Office Space for Lease

      Flexible workspace solutions in prime location.
      400 Congress St, Portland, ME 04101
      View Details
    • $10 SF/Yr
      20,725 SF

      Portland Retail/Flex/Industrial Space Available

      20,725-45,567± SF retail/flex/industrial space for lease in Portland.
      75 Northport Dr, Portland, ME 04103
      View Details
    • Contact for pricing
      15,360 SF

      Portland Mixed-Use Commercial Space

      Prime Portland location, office & warehouse space available.
      306 Warren Ave, Portland, ME 04103
      View Details
    • $30 SF/Yr
      6,300 SF

      Prime West Bayside Retail Space

      New construction, luxury location, patio space.
      52 Hanover St, Portland, ME 04101
      View Details

    FAQs

    What type of property is this?
    Ghost kitchen - 8,229 SF food hall in downtown Portland for lease.
    Where is this ghost kitchen located?
    The property is located at 28 Monument Sq Portland, ME.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Portland location on Monument Square with high foot traffic and visibility.; - Configured as a food hall with two floors and a lower-level kitchen support area.; - Accommodates up to ten food operators.
    (703) 717-1660
    Request Owner's contact information
    28 Monument Sq Portland, ME 04101
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    28 Monument Sq
    Portland, ME 04101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    28 Monument Sq Portland, ME 04101
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.