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Old Port Retail Space
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For Lease
$45 SF/Yr

45 Wharf Street, Portland, ME 04101

Former coffee shop space can accommodate food uses or other retail operations.

Space Size1,400 SF
Property Size10,200 SF
Days on Market1

Property Features for 45 Wharf Street

General Information

Standard status Active
Size 1,400 SF
Net Rentable 1,400 SF
Property subtype Retail
Lease Term MG

Space & Availability

Available Space 1,400 SF
Contiguous Space 1,400 SF
Space Use Food service

Building Details

Building Size 10,200 SF
Year Built 1988

Spaces For Lease

at 45 Wharf Street
Downtown Retail Space $45/SF/Yr
Size 1,400 SF
Type Street Retail
Term Negotiable
Contact us
Listing Agency: The Boulos Company
Listed By: Nate Stevens, SIOR
Source: Boulos
Added: Oct 16 Last Checked: Oct 16 at 1:56PM

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

Rey
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Investment Insights

Based on property information with market context.

A 1,400± SF retail space at 45 Wharf Street, built in 1988, occupies a former coffee shop location. The space is identified as suitable for food uses and other retail operations.

The property is on a cobblestone street in Portland’s Old Port, among restaurants, retailers, nightlife, and hospitality businesses. Nearby businesses include Portland Harbor Hotel, Hyatt Place Hotel, Central Provisions, Insomnia Cookies, Rigby Yard, and Gorgeous Gelato. The location has a 99 Walk Score.

Key Highlights

  • 1,400± SF retail space at 45 Wharf Street
  • Former coffee shop space with potential for food or retail uses
  • 1988 year built

Property Analytics

Current Use

Higher Grounds of Maine (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Daycare Center HVAC Service Carpet & Flooring 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

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,012
Businesses Nearby
61k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 45% Shops & Services 22% Apparel 17% Dining 16%
Hampton Inn Portland Downtown Waterfront Hotels & Casinos
14,714 visits/mo 0.4 miles
Circle K Shops & Services
12,170 visits/mo 0.3 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
Luke's Lobster Dining
6,958 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

Lease Benchmarks for Portland, ME

$25.51 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
5,435 SF
Avg Space Size

This space is priced 76% above the average of $25.51 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - Former coffee shop space can accommodate food uses or other retail operations.
Where is this retail space located?
The property is located at 45 Wharf Street Portland, ME.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: 1,400± SF retail space at 45 Wharf Street; Former coffee shop space with potential for food or retail uses; 1988 year built
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