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Bar Restaurant with Production Flex
For Lease
$2,348/Mo

123 Washington Avenue, Portland, ME 04101

Fully built-out bar/restaurant with commercial kitchen and a large open production or flex area.

Space Size939 SF - 2,020 SF
Property Size17,331 SF
Days on Market93

Property Features for 123 Washington Avenue

General Information

Standard status Active
Size 939 SF - 2,020 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 17,331 SF
Year Built 1914

Spaces For Lease

at 123 Washington Avenue Contact us

Retail 1 $3,367/Mo

Size
2,020 SF
Type
Street Retail
Term
Negotiable
Contact us

Retail 2 $2,348/Mo

Size
939 SF
Type
Street Retail
Term
Negotiable
Contact us

Retail 3 $2,390/Mo

Size
956 SF
Type
Street Retail
Term
Negotiable
Contact us

Retail 4 $2,640/Mo

Size
1,760 SF
Type
Street Retail
Term
Negotiable
Contact us

Retail 5 $2,658/Mo

Size
1,387 SF
Type
Restaurant
Term
Negotiable
Contact us
Listing Agency: The Boulos Company Portland
Listed By: Brice O'Connor · License #BR926097
Source: Boulos
Added: Jun 2 Changed: Aug 25 Last Checked: Sep 1 at 6:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulos Company Portland

Investment Insights

Based on property information with market context.

Suite 4 offers a ready-to-operate bar/restaurant concept alongside a substantial open production or flex area. The space includes approximately 2,670± SF of fully built-out bar/restaurant area with commercial kitchen infrastructure. An additional 8,224± SF provides open production and flex space designed to support a range of back-of-house or operational workflows. The suite also includes a dedicated outdoor patio equipped with two overhead glass doors, supporting an indoor-outdoor guest experience.

The location is Portland’s Washington Ave corridor, positioned in a dense cluster of established dining and beverage operators. The property is described as having direct access off the I-295 Washington Ave connector, with convenient access to Back Cove trail and the Waterfront/Bayside area. The public remarks also note on-site employee and customer parking (details available through the broker).

This configuration is well suited for tenants seeking a turnkey restaurant and bar footprint paired with meaningful operational flexibility. If your business benefits from in-house production, prep, or a flexible floor plan beyond a traditional dining-only layout, Suite 4 is designed to accommodate both guest-facing service and working production needs in one connected suite.

Key Highlights

  • 10,894± SF available in Suite 4 at 123 Washington Ave (commercial space).
  • Suite 4 includes a 2,670± SF fully built‑out bar/restaurant area with commercial kitchen infrastructure.
  • Suite 4 also features an 8,224± SF open production/flex area.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Daycare Center Pet Grooming Service Auto Parts Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,361
Businesses Nearby
Under-served
Demand for This Use

Demographics for 04101, ME

18,109
Population
11,510
Households
1.6
Avg Household Size
36
Median Age
57%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
9,055
Density / Sq Mi
$60,726
Median Household Income
$45,009
Median Earnings
$1,457
Median Rent
$600,600
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully built-out bar/restaurant with commercial kitchen and a large open production or flex area.
Where is this conventional restaurant located?
The property is located at 123 Washington Avenue Portland, ME.
What is the lease rate?
The lease rate is $2,348/Mo.
What are key features of this property?
This property features: 10,894± SF available in Suite 4 at 123 Washington Ave (commercial space).; Suite 4 includes a 2,670± SF fully built‑out bar/restaurant area with commercial kitchen infrastructure.; Suite 4 also features an 8,224± SF open production/flex area.
More about this property
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