Search
Restaurant Space with Outdoor Seating
New
For Lease
Contact for pricing

83 Exchange Street, Portland, ME 04101

Two-level restaurant premises with dining, bar, kitchen-prep, bathroom, and exterior seating components.

Space Size31,240 SF
Days on Market7

Property Features for 83 Exchange Street

General Information

Standard status Active
Size 31,240 SF
Net Rentable 5,695 SF
Property subtype Restaurant

Space & Availability

Available Space 5,695 SF
Contiguous Space 5,695 SF
Floor Ground + Lower Level
Space Use Restaurant
Sublease Yes

Additional Details

Patio Yes

Building Details

Building Size 31,240 SF
Year Built 1866
Tenancy Single

Spaces For Lease

at 83 Exchange Street Contact us

Space 1

Size
31,240 SF
Type
Restaurant
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Malone Commercial Brokers
Listed By: Luke Malone · License #ME BA927778
Source: Crexi
Added: Aug 6 Changed: Aug 11 Last Checked: Aug 11 at 6:40AM

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 restaurant property provides 5,695± SF across two levels. The street level includes approximately 3,695± SF configured for dining and bar service, along with an outdoor seating area. The lower level adds approximately 2,000± SF with kitchen-prep space and bathrooms. The layout accommodates 80± seats indoors and an additional outdoor dining area for 40± guests.

Located at 83 Exchange Street in Portland, the property sits adjacent to Tommy’s Park. The premises are offered through a sublease extending through July 31, 2029. The building dates to 1866, combining an established downtown setting with restaurant-specific improvements and seating areas.

Key Highlights

  • 5,695± SF restaurant space across street and lower levels
  • 3,695± SF street‑level dining and bar area
  • 2,000± SF lower level with kitchen prep and bathrooms

Property Analytics

Current Use

Black Cow Burgers ... Restaurant

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

Location Intelligence

Trade Area within ½ mile

6,198
Businesses Nearby
115k
Monthly Visits Nearby
Under-served
Demand for This Use

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-level restaurant premises with dining, bar, kitchen-prep, bathroom, and exterior seating components.
Where is this conventional restaurant located?
The property is located at 83 Exchange Street Portland, ME.
What are key features of this property?
This property features: 5,695± SF restaurant space across street and lower levels; 3,695± SF street‑level dining and bar area; 2,000± SF lower level with kitchen prep and bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message