Stand-Alone Restaurant Building with
For Lease
$26 SF/Yr
114 Preble Street, Portland, ME 04101
Stand-alone restaurant building for lease with private customer parking and an outdoor seating area.
Space Size4,424 SF
Days on Market95
Property Features for 114 Preble Street
General Information
Standard status
Active
Size
4,424 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
4,424 SF
Year Built
1955
Spaces For Lease
at 114 Preble Street Contact us- Size
- 4,424 SF
- Type
- Free Standing Building
- Term
- Negotiable
For Lease $26/SF/Yr
Listing Agency:
The Boulos Company
Listed By:
Chris Gallagher
(917) 673-1178
Source:
Boulos
Added: Jun 2
Changed: Aug 31
Last Checked: Sep 4 at 3:43AM
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
Investment Insights
Based on property information with market context.
Restaurant building for lease in Portland’s Bayside neighborhood, offering a stand-alone setup for an operator looking for their own space. The property includes convenient on-site private parking for customers and an outdoor seating area for warmer months.
The surrounding area is seeing continued growth, including The Armature recently completed and another housing development planned to break ground about a block away. Nearby area businesses include Bayside Bowl, Wilson County BBQ, and Batson River Brewing.
This offering is positioned for restaurant tenants who want direct street-level presence paired with dedicated customer parking and outdoor seating capacity.
The surrounding area is seeing continued growth, including The Armature recently completed and another housing development planned to break ground about a block away. Nearby area businesses include Bayside Bowl, Wilson County BBQ, and Batson River Brewing.
This offering is positioned for restaurant tenants who want direct street-level presence paired with dedicated customer parking and outdoor seating capacity.
Key Highlights
- Stand‑alone restaurant building for lease built in 1955
- Includes a private on‑site parking lot for customers
- Outdoor seating area for warmer months
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,767
Businesses Nearby
213k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 81%
Shops & Services 8%
Dining 7%
Electronics 3%
Trader Joe's
Groceries
68,293 visits/mo
0.0 miles
Hannaford
Groceries
60,121 visits/mo
0.2 miles
Whole Foods Market
Groceries
44,366 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
11,557 visits/mo
0.1 miles
Citgo
Shops & Services
7,596 visits/mo
0.3 miles
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Stand-alone restaurant building for lease with private customer parking and an outdoor seating area.
Where is this conventional restaurant located?
The property is located at 114 Preble Street Portland, ME.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Stand‑alone restaurant building for lease built in 1955; Includes a private on‑site parking lot for customers; Outdoor seating area for warmer months
