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    366-372 Forest Portland, ME 04101

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    For Lease
    $20 SF/Yr ($9,096 /Mo)

    5,458± SF Bar/Restaurant space in the heart of Old Port.

    Property size:
    5,458 SF
    Lot size:
    0.13 Acres

    Property Features for 366-372 Forest

    General Information

    Size
    5,458 SF
    Lot size
    0.13 Acres

    Source: Porta & Company Agent Peter Gwilym

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

    Overview

    Old Port Bar/Restaurant Space

    This is a 5,458± square foot bar/restaurant retail space available for lease. The property is centrally located in the heart of Old Port, just off the waterfront. Existing equipment can be included. The building is professionally managed. Other tenants in the building include Lucky Cheetah, Skordo, Maine Potters, and AG Silver. The property was formerly Old Port Billiards.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop Skin Care Clinic

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

    Similar Places Nearby

    Uncharted Tea, Ruski's, Becky's Diner, Evie’s Ferry Village Watering Hole, Circle K

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2527061
    Latitude
    43.6565578

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    FAQs

    What type of property is this?
    Bar - 5,458± SF Bar/Restaurant space in the heart of Old Port.
    Where is this bar located?
    The property is located at 366-372 Forest Portland, ME.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of Old Port, near the waterfront.; - Large 5,458± SF bar/restaurant retail space.; - Existing bar/restaurant equipment included (inquire with Broker).
    (207) 272-4262
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    366-372 Forest Portland, ME 04101
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    Portland, ME 04101
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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
    366-372 Forest Portland, ME 04101
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