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    2-10 Cotton St Portland, ME 04101

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    For Lease
    $19 SF/Yr ($7,484 /Mo)

    Renovated restaurant space with patio in the Old Port.

    Property size:
    4,606 SF
    Lot size:
    0.44 Acres

    Property Features for 2-10 Cotton St

    General Information

    Size
    4,606 SF
    Lot size
    0.44 Acres

    Source: The Boulos Company Agent Nate Stevens

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

    Overview

    Historic Restaurant Space in Old Port

    This historic restaurant space is located in the heart of the Old Port, near hotels, shops, restaurants, and the Cross Insurance Arena. The property has been recently renovated and is in excellent condition, ready for occupancy. The space is situated on two floors, providing flexible layouts and seating arrangements, with an open atrium and high ceilings. A private, enclosed patio offers seasonal seating. Staff parking is available on-site at market rates, with street parking and hourly parking available in an adjacent lot. The kitchen equipment includes a 12-foot hood system and a 130 square foot walk-in cooler. The lease rate is $19.50 per square foot on a modified gross lease. The property size is 4,606 square feet.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

    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
    -70.2568683
    Latitude
    43.6551435

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    FAQs

    What type of property is this?
    Restaurant - Renovated restaurant space with patio in the Old Port.
    Where is this restaurant located?
    The property is located at 2-10 Cotton St Portland, ME.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of the Old Port, near hotels, shops, restaurants, and the Cross Insurance Arena.; - **Recently renovated and in excellent condition, ready for immediate occupancy.**; - **Two floors offering flexible layouts and seating arrangements with an open atrium and high ceilings.**
    (207) 272-2385
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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
    2-10 Cotton St Portland, ME 04101
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