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Freestanding Restaurant/Retail Building in Maine
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465 Maine Mall Rd, South Portland, ME 04106

6,250 SF restaurant/retail building in Maine Mall trade area.

Space Size6,350 SF
Days on Market149

Property Features for 465 Maine Mall Rd

General Information

Standard status Active
Size 6,350 SF
Property subtype Restaurant, Retail
Lease Type NNN

Building Details

Building Size 6,350 SF
Year Built 1989
Tenancy Single

Spaces For Lease

at 465 Maine Mall Rd Contact us

Freestanding Restaurant

Size
6,350 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: The Boulos Company Portland
Listed By: Noah Stebbins · License #BR928219
Source: Crexi
Added: Mar 17 Changed: Aug 8 Last Checked: Jul 31 at 10:51AM

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 Portland

Investment Insights

Based on property information with market context.

This 6,250± square foot freestanding building, formerly occupied by Chili's, is suitable for restaurant or retail use. The efficient rectangular layout is conducive to dine-in, fast-casual, or retail operations. Existing commercial kitchen infrastructure, a bar area, and multiple entry points facilitate repurposing. The property is located in the Maine Mall trade area, the state’s largest and most established retail area, which features high sales volumes and national co-tenancy. It benefits from a prime hard-corner, signalized location at the Maine Turnpike Exit 45 off-ramp to the Maine Mall Area. The location experiences strong commuter, shopper, and hotel traffic throughout the day. The parking field is designed to accommodate high customer traffic, with approximately 6.4 spaces per 1,000± square feet.

Key Highlights

  • Prime hard‑corner, signalized location at Maine Turnpike Exit 45 off‑ramp to the Maine Mall Area.
  • Located in the heart of the Maine Mall trade area, the state’s largest and most established retail trade area.
  • Existing commercial kitchen infrastructure and bar area for cost‑effective repurposing.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Plumbing Service Storage Facility Grocery & Convenience Store HVAC Service Veterinary Clinic

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

859
Businesses Nearby
832k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 34% Dining 21% Superstores 18% Electronics 11%
Target Superstores
147,030 visits/mo 0.5 miles
Macy's Apparel
90,685 visits/mo 0.4 miles
Best Buy Electronics
76,243 visits/mo 0.3 miles
Michaels Shops & Services
42,820 visits/mo 0.3 miles
Sierra Apparel
40,160 visits/mo 0.4 miles

Demographics for 04106, ME

26,641
Population
12,849
Households
2.1
Avg Household Size
41
Median Age
49%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
2,184
Density / Sq Mi
$83,744
Median Household Income
$47,818
Median Earnings
$1,642
Median Rent
$403,500
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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Similar Off Market Nearby

  • CVC Catering Group 500 Southborough Dr # 503, South Portland, ME 04106
  • Seas Catering, LLC 500 Southborough Dr Suite LL3, South Portland, ME 04106

Frequently Asked Questions

What type of property is this?
Restaurant - 6,250 SF restaurant/retail building in Maine Mall trade area.
Where is this restaurant located?
The property is located at 465 Maine Mall Rd South Portland, ME.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Prime hard‑corner, signalized location at Maine Turnpike Exit 45 off‑ramp to the Maine Mall Area.; Located in the heart of the Maine Mall trade area, the state’s largest and most established retail trade area.; Existing commercial kitchen infrastructure and bar area for cost‑effective repurposing.
(207) 400-6737 Call to check price and availability
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