Two-Story Food Hall
For Lease
$12 SF/Yr
28 Monument Square, Portland, ME 04101
Two-floor food hall with five fully equipped kitchen stations and hood systems, designed for multiple food operators.
Space Size5,261 SF - 8,229 SF
Property Size13,740 SF
Days on Market92
Property Features for 28 Monument Square
General Information
Standard status
Active
Size
5,261 SF - 8,229 SF
Property subtype
Retail
Lease Term
NNN
Additional Details
Commercial Hood
Yes
Building Details
Building Size
13,740 SF
Year Built
1880
Stories
2
Tenancy
Multi
Spaces For Lease
at 28 Monument Square Contact us- Size
- 5,261 SF
- Type
- Restaurant
- Term
- Negotiable
Restaurant $25/SF/Yr
- Size
- 8,229 SF
- Type
- Restaurant
- Term
- Negotiable
Turn Key Food Hall $12/SF/Yr
Listing Agency:
The Boulos Company
(703) 717-1660
Listed By:
Cameron Foster
(703) 717-1660
Source:
Boulos
Added: Jun 3
Changed: Aug 8
Last Checked: Sep 1 at 5:52PM
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.
A food hall for lease configured over two floors, with dedicated kitchen support in the lower level. The space is designed to accommodate up to ten food operators and includes five fully equipped kitchen stations, each with a hood system, grease management, and sinks. The lower level also provides the added support infrastructure needed for food preparation within a multi-operator concept.
The property is located in the heart of downtown Portland at Monument Square, with prominent presence at a historic gathering point. The listing describes the area as dynamic, surrounded by office buildings, restaurants, retailers, and residences, and notes ongoing and planned redevelopments in the vicinity. The offering includes options for leasing the first floor and basement separately for restaurant use.
This setup is well suited for restaurateurs and operators looking to participate in a shared food hall environment with established kitchen functionality in place. Because the kitchen stations are described as ready for immediate use and include key support components such as hood systems, sinks, and grease, it can reduce upfront buildout time for qualified food concepts. Separate first-floor/basement leasing may also fit operators seeking a more contained footprint while still operating within a downtown, multi-tenant retail and dining context.
The property is located in the heart of downtown Portland at Monument Square, with prominent presence at a historic gathering point. The listing describes the area as dynamic, surrounded by office buildings, restaurants, retailers, and residences, and notes ongoing and planned redevelopments in the vicinity. The offering includes options for leasing the first floor and basement separately for restaurant use.
This setup is well suited for restaurateurs and operators looking to participate in a shared food hall environment with established kitchen functionality in place. Because the kitchen stations are described as ready for immediate use and include key support components such as hood systems, sinks, and grease, it can reduce upfront buildout time for qualified food concepts. Separate first-floor/basement leasing may also fit operators seeking a more contained footprint while still operating within a downtown, multi-tenant retail and dining context.
Key Highlights
- 8,229± SF two‑floor food hall space available for lease on Historic Monument Square in downtown Portland
- Configured for up to 10 food operators with five (5) fully equipped kitchen stations
- Each kitchen station includes a hood system, grease, and sinks
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,425
Businesses Nearby
210k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 54%
Hotels & Casinos 13%
Shops & Services 13%
Dining 12%
Trader Joe's
Groceries
68,293 visits/mo
0.4 miles
Whole Foods Market
Groceries
44,366 visits/mo
0.4 miles
Hampton Inn Portland Downtown Waterfront
Hotels & Casinos
14,714 visits/mo
0.4 miles
Circle K
Shops & Services
12,170 visits/mo
0.5 miles
Chipotle Mexican Grill
Dining
11,557 visits/mo
0.5 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 - Two-floor food hall with five fully equipped kitchen stations and hood systems, designed for multiple food operators.
Where is this conventional restaurant located?
The property is located at 28 Monument Square Portland, ME.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 8,229± SF two‑floor food hall space available for lease on Historic Monument Square in downtown Portland; Configured for up to 10 food operators with five (5) fully equipped kitchen stations; Each kitchen station includes a hood system, grease, and sinks
