South Portland, ME Restaurants for Rent & Lease

Updated: Mar 27

Maine Mall Retail Space Available

50 Maine Mall Road, South Portland, ME 04106

$25 SF/Yr

4,768 sqft

Prime location directly off Maine Mall Road near I‑95.
Strong visibility with signage opportunities.
Excellent access via I‑95 and I‑295.
Adjacent to a 111‑key Home2 Suites by Hilton.
Outstanding national co‑tenants (Target, Nordstrom Rack, Burlington, Dick’s, Macy’s).

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Updated: Mar 17

Freestanding Restaurant/Retail Building in Maine

465 Maine Mall Rd, South Portland, ME 04106

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6,250 sqft

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.
6,250± SF freestanding building with an efficient rectangular layout.
High retail and restaurant sales volumes and strong national co‑tenancy in the area.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in South Portland, ME, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 2 Properties for Sales.

Restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Stand-Alone Restaurant Building with Seating

114 Preble Street, Portland, ME 04101

$26 SF/Yr

Stand-alone restaurant building for lease with private customer parking and an outdoor seating area.

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Retail Space

643 Congress Street, Portland, ME 04101

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Commercial space dating to 1963 is available for lease.

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Restaurant and Retail Space

10 Andrews Rd, Somersworth, NH 03878

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4,000 sqft

Highly visible space for lease with signalized intersection access and a flexible, divisible layout.

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Highly Visible Retail/Restaurant Space

10 Andrews Rd, Somersworth, NH 03878

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Prime location with high visibility and flexible layout.

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Similar Spaces for Sale in South Portland, ME

Consider Similar Space for Sale. We found 2 Spaces matching your search parameters.

Fully Equipped Restaurant Building

448 Cottage Rd, South Portland, ME 04106

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Restaurant building offered fully equipped, located in a desirable South Portland neighborhood.

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The Snow Squall Restaurant

18 Ocean St, South Portland, ME 04106

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Restaurant business positioned on Ocean Street in South Portland, Maine.

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South Portland, ME Restaurants Lease Rates & Market Statistics

Explore 2 Restaurants for lease in South Portland, ME on Realmo, a commercial real estate exchange covering the South Portland area. The current inventory totals 11,018 square feet of properties.

Asking lease rates for Restaurants in South Portland start at $25 SF/Yr, average $25 SF/Yr, and reach $25 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $25 SF/Yr is 16% above the Maine state average of $21.60 SF/Yr.

South Portland accounts for 15% of the 13 restaurants currently available across Cumberland County, where nearby markets include Portland and Brunswick.

South Portland, ME Restaurants for Lease

50 Maine Mall Road, South Portland, ME 04106

465 Maine Mall Rd, South Portland, ME 04106