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    100 Middle St Portland, ME 04101

    Sponsored
    For Lease
    $29 SF/Yr

    Prime Portland location, 350 sq ft cafe

    Lot size:
    195,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 350-square-foot cafe space is ideally situated within a prestigious Class A office building at 100 Middle Street in Portland, Maine. Located in the vibrant downtown core, this single-tenant retail opportunity benefits from high foot traffic and proximity to numerous businesses and amenities. The building itself is a landmark structure, comprising two seven-story towers totaling approximately 195,000 square feet, connected by a stunning common atrium lobby where the cafe is located. Built in 1987, the building boasts a B3 - Downtown Business zoning designation, ensuring flexibility and potential for future growth. The property sits on a sizable 1.59 acres of land (APN: Map 29, Block E, Lot 6, Cumberland County) offering ample space and visibility. This turnkey cafe space presents a unique chance to establish or expand a thriving business in one of Portland's most desirable locations. The property's prime location within a high-traffic, Class A office building guarantees a steady stream of potential customers. This is an exceptional opportunity for a discerning entrepreneur seeking a well-established and highly visible location in the heart of Portland's bustling downtown area.

    Property Features for 100 Middle St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    195,000 SF
    Class
    A
    Total Rate
    473850

    Building Details

    Year Built
    1987

    Unit(s) available at that property

    Space
    Size
    350 SF
    Rate per SF
    $29

    HighLights

    • 350‑square‑foot cafe space in a Class A office building at 100 Middle Street, Portland, ME.
    • Turnkey cafe space with furniture and fixtures available for separate purchase.
    • Prominent lobby location within a recently renovated (2018) atrium, maximizing exposure to building tenants, visitors, and the public.
    • High‑profile tenant roster includes Bernstein Shur, Morgan Stanley, and other major firms.
    • Excellent downtown Portland location near hotels, restaurants, and other businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Volinsky Andru H Attorney Zulieve Andrew J Attorney David A. Soley Attorney Schwartz Jaimie Lawyer Scully Patrick J Lawyer

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.25215647
    Latitude
    43.65905121

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    FAQs

    What type of property is this?
    Restaurant - Prime Portland location, 350 sq ft cafe
    Where is this restaurant located?
    The property is located at 100 Middle St Portland, ME.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: 350-square-foot cafe space in a Class A office building at 100 Middle Street, Portland, ME.; Turnkey cafe space with furniture and fixtures available for separate purchase.; Prominent lobby location within a recently renovated (2018) atrium, maximizing exposure to building tenants, visitors, and the public.
    Request Owner's contact information
    100 Middle St Portland, ME 04101
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    Portland, ME 04101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 Middle St Portland, ME 04101
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