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    15 Monument Sq Portland, ME 04101

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    For Lease
    $3,600 /Mo ($43 SF/Yr)

    Restaurant space in a high-traffic, downtown Portland location.

    Property size:
    1,000 SF
    Lot size:
    0.05 Acres

    Property Features for 15 Monument Sq

    General Information

    Size
    1,000 SF
    Lot size
    0.05 Acres

    Source: CORE Agent Josh Soley, SIOR, CCIM

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

    Overview

    Restaurant Space in Monument Square

    This restaurant space is located in a dominant retail walking traffic corridor with views of Monument Square. The space features natural accents synonymous with the Portland, Maine culture and history. It is prominently situated off of Monument Square, the primary gathering spot and artery in Portland, and along Congress Street, one of Maine’s busiest downtown thoroughfares. Congress Street features an average daily traffic count of 9,600 vehicles and hosts Portland’s wealth of synergistic arts and entertainment venues. The property offers potential for restaurant and retail use. The property size is 1,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Thompson MacColl & Bass Attorney Sisters Gourmet Deli Sandwich Shop The Lady in the Moon Metaphysical Supply Store Harvest Asset Group, ... Financial Planner Waypoint Financial Financial Consultant

    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
    -70.2587675
    Latitude
    43.6573106

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space in a high-traffic, downtown Portland location.
    Where is this restaurant located?
    The property is located at 15 Monument Sq Portland, ME.
    What is the lease rate?
    The lease rate is $43 SF/Yr.
    What are key features of this property?
    This property features: - High foot traffic location in a dominant retail corridor.; - Situated off Monument Square, Portland's primary gathering spot.; - Located on Congress Street, a busy downtown thoroughfare with high vehicle traffic (9,600 vehicles daily).
    (207) 210-5677
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    15 Monument Sq 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
    15 Monument Sq Portland, ME 04101
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