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Old Port Retail Space Available
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151 Middle St, Portland, ME 04101

Lower level retail/restaurant space in the Old Port.

Space Size2,741 SF - 8,537 SF
Property Size54,400 SF
Days on Market2749

Property Features for 151 Middle St

General Information

Standard status Active
Size 2,741 SF - 8,537 SF
Property subtype Retail, Restaurant
Lease Type Modified Gross

Building Details

Building Size 54,400 SF
Year Built 1900
Tenancy Multiple

Spaces For Lease

at 151 Middle St Contact us

Suite 002

Size
2,741 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 003

Size
5,796 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 002/003

Size
8,537 SF
Type
Restaurant, Retail
Availability
Active
Contact us
Listing Agency: Malone Commercial Brokers
Listed By: Peter Harrington · License #ME BA900499
Source: Crexi
Added: Feb 12, 2019 Changed: Aug 8 Last Checked: Aug 21 at 8:03AM

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 Malone Commercial Brokers

Investment Insights

Based on property information with market context.

This lower-level retail space, suitable for a restaurant, is located in the Old Port area. The available space ranges from 2,741 to approximately 8,538 square feet. It features multiple large daylight windows. A hood and grease trap are already installed. The property is situated along a popular retail corridor on Middle Street, near businesses such as Anthropologie, Athleta, Casablanca Comics, Free People, Madewell, and West Elm. It is within walking distance of various Old Port amenities, including parking garages and lots, restaurants, banks, shops, City Hall, and the courthouse complex.

Key Highlights

  • Prime Old Port retail location on Middle Street
  • Existing hood and grease trap ideal for restaurant use
  • High foot traffic area with popular retailers (Anthropologie, Athleta, etc.)

Property Analytics

Current Use

Casablanca Comics (Bike/Boat/Book/etc) Store Anthony's Italian Kitchen Restaurant Athleta Clothing & Fashion Store Blindsight Gallery Art Gallery

Suggested Use

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

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
$2.36 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,198
Businesses Nearby
115k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 38% Hotels & Casinos 31% Shops & Services 12% Dining 10%
Whole Foods Market Groceries
44,366 visits/mo 0.5 miles
Hampton Inn Portland Downtown Waterfront Hotels & Casinos
14,714 visits/mo 0.3 miles
Circle K Shops & Services
12,170 visits/mo 0.5 miles
Reny's Apparel
10,314 visits/mo 0.3 miles
Hilton Garden Inn Portland Downtown Waterfront Hotels & Casinos
7,212 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

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

What type of property is this?
Retail space - Lower level retail/restaurant space in the Old Port.
Where is this retail space located?
The property is located at 151 Middle St Portland, ME.
What is the lease rate?
The lease rate is $15.75 SF/Yr.
What are key features of this property?
This property features: Prime Old Port retail location on Middle Street; Existing hood and grease trap ideal for restaurant use; High foot traffic area with popular retailers (Anthropologie, Athleta, etc.)
(207) 772-2422 Call to check price and availability
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