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Corner Retail/Restaurant Building
For Sale
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Pending

788 Washington Avenue, Portland, ME 04103

Corner lot with a 1,363± SF retail/restaurant space, featuring ample on-site parking and substantial frontage.

Property Size1,363 SF
Days on Market124

Property Features for 788 Washington Avenue

General Information

Standard status Pending
Size 1,363 SF
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: Colliers - Portland, Maine
Listed By: Mike Cobb · License #ME DB916555
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 10 at 5:53AM

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 Colliers - Portland, Maine

Investment Insights

Based on property information with market context.

Located at the intersection of Washington and Ocean Avenues, this corner lot includes a retail/restaurant building with 1,363± square feet of existing space and expansion potential. The property is offered with over 262± feet of frontage, providing room for visibility and flexible site planning.

The site offers easy access from all directions and ample on-site parking, supporting day-to-day customer traffic. The intersection is heavily traveled, and it is just a few minutes from I-295.

This property is currently configured as a retail/restaurant use, with the ability to adapt through the stated expansion potential for additional space or program.

Key Highlights

  • Corner lot at the intersection of Washington and Ocean Avenues with over 262± ft of frontage
  • Includes a 1,363± SF retail/restaurant space
  • Ample on‑site parking and easy access from all directions

Property Analytics

Current Use

Retail space

Suggested Use

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

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

412
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 87% Home Improvements & Furnishings 13%
Cumberland Farms Shops & Services
20,875 visits/mo 0.0 miles
Eldredge Lumber & Hardware Home Improvements & Furnishings
3,117 visits/mo 0.5 miles

Demographics for 04103, ME

31,185
Population
14,336
Households
2.2
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
10.2 sq mi
ZIP Area
3,057
Density / Sq Mi
$90,682
Median Household Income
$48,640
Median Earnings
$1,571
Median Rent
$421,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Corner lot with a 1,363± SF retail/restaurant space, featuring ample on-site parking and substantial frontage.
Where is this retail space located?
The property is located at 788 Washington Avenue Portland, ME.
What are key features of this property?
This property features: Corner lot at the intersection of Washington and Ocean Avenues with over 262± ft of frontage; Includes a 1,363± SF retail/restaurant space; Ample on‑site parking and easy access from all directions
More about this property
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