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15 Chestnut St

14,358 SF Specialty Building Offered at $2,595,000 in Portland, ME 04101

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Investment Highlights

Listed on National Register of Historic Places
Gothic Revival Architecture

Stunning Stained Glass Windows

Executive Summary

15 Chestnut Street is a 14,358 SF former Church, built in 1836, with incredible Gothic Revival architecture and stunning stained glass windows, exposed beams, restored woodwork, and cathedral ceilings. Most recently, the property was home to the nationally acclaimed Grace Restaurant, and in 2019 Grace became Trine Events at Grace, a full-time private events venue. A historic landmark property, 15 Chestnut Street is an incredible opportunity to own a piece of history on Portland’s peninsula. The property qualifies for historic tax credits, and zoning allows for a number of commercial and residential possibilities.

15 Chestnut Street, Portland_Brochure_reduced

Property Facts

Price	$2,595,000	Lot Size	0.19 AC
Price Per SF	$181	Building Size	14,358 SF
Sale Type	Investment or Owner User	No. Stories	2
Property Type	Specialty	Year Built/Renovated	1836/2009
Property Subtype	Specialty	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$2,595,000
Price Per SF	$181
Sale Type	Investment or Owner User
Property Type	Specialty
Property Subtype	Specialty
Building Class	C
Lot Size	0.19 AC
Building Size	14,358 SF
No. Stories	2
Year Built/Renovated	1836/2009
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.