Free Street Restaurant 77 Free St

8,500 - 17,000 SF of Retail Space Available in Portland, ME 04101

HIGHLIGHTS

  • across from the Cumberland County Civic
  • on same block as Maine College of Art
  • in the arts district
  • on same block as CVS, Reny's Department Store, across the street from Maine Historic Society and down the street from Portland Museum of Art

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • CEILING
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 8,500 SF
  • 16’
  • 1-10 Years
  • $5.00 /SF/YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Congress Street, in heart of Portland’s arts district. The State of Maine Fire Marshal has approved this property as a place of gathering. There is 53 feet of frontage on Congress Street, 68 feet of frontage on Free Street and 180 feet of frontage on Brown Street. All the floors are made of cement. There is a conveyor belt in the basement that can go to the first floor. There is a handicapped elevator on the Free Street side of the building that goes to 2 floors. There are very few supporting posts on the first and second floor. Most of the first floor is clear span. There is a dumbwaiter elevator from the basement to the first floor.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Can be combined with additional space(s) for up to 17,000 SF of adjacent space
  • Central Air and Heating
  • Kitchen
  • Private Restrooms
  • Wi-Fi Connectivity
  • Security System
  • Corner Space
  • High Ceilings
  • Exposed Ceiling
  • Secure Storage
  • Emergency Lighting
  • Finished Ceilings: 16’
  • Basement
  • DDA Compliant
  • Display Window
  • Ventilation - Venting
  • Smoke Detector
  • Wheelchair Accessible
  • Both floors must be leased together.
  • 2nd Floor
  • 8,500 SF
  • 16’
  • 1-10 Years
  • $5.00 /SF/YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Congress Street, in heart of Portland’s arts district. The State of Maine Fire Marshal has approved this property as a place of gathering. There is 53 feet of frontage on Congress Street, 68 feet of frontage on Free Street and 180 feet of frontage on Brown Street. All the floors are made of cement. There is a conveyor belt in the basement that can go to the first floor. There is a handicapped elevator on the Free Street side of the building that goes to 2 floors. There are very few supporting posts on the first and second floor. Most of the first floor is clear span. There is a dumbwaiter elevator from the basement to the first floor.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Can be combined with additional space(s) for up to 17,000 SF of adjacent space
  • Central Air Conditioning
  • Finished Ceilings: 16’
  • Both floors must be leased together.
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 8,500 SF 16’ 1-10 Years $5.00 /SF/YR Triple Net (NNN)
2nd Floor 8,500 SF 16’ 1-10 Years $5.00 /SF/YR Triple Net (NNN)

1st Floor

Size
8,500 SF
Ceiling
16’
Term
1-10 Years
Rental Rate
$5.00 /SF/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Congress Street, in heart of Portland’s arts district. The State of Maine Fire Marshal has approved this property as a place of gathering. There is 53 feet of frontage on Congress Street, 68 feet of frontage on Free Street and 180 feet of frontage on Brown Street. All the floors are made of cement. There is a conveyor belt in the basement that can go to the first floor. There is a handicapped elevator on the Free Street side of the building that goes to 2 floors. There are very few supporting posts on the first and second floor. Most of the first floor is clear span. There is a dumbwaiter elevator from the basement to the first floor.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Can be combined with additional space(s) for up to 17,000 SF of adjacent space
  • Central Air and Heating
  • Kitchen
  • Private Restrooms
  • Wi-Fi Connectivity
  • Security System
  • Corner Space
  • High Ceilings
  • Exposed Ceiling
  • Secure Storage
  • Emergency Lighting
  • Finished Ceilings: 16’
  • Basement
  • DDA Compliant
  • Display Window
  • Ventilation - Venting
  • Smoke Detector
  • Wheelchair Accessible
  • Both floors must be leased together.

2nd Floor

Size
8,500 SF
Ceiling
16’
Term
1-10 Years
Rental Rate
$5.00 /SF/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Congress Street, in heart of Portland’s arts district. The State of Maine Fire Marshal has approved this property as a place of gathering. There is 53 feet of frontage on Congress Street, 68 feet of frontage on Free Street and 180 feet of frontage on Brown Street. All the floors are made of cement. There is a conveyor belt in the basement that can go to the first floor. There is a handicapped elevator on the Free Street side of the building that goes to 2 floors. There are very few supporting posts on the first and second floor. Most of the first floor is clear span. There is a dumbwaiter elevator from the basement to the first floor.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Can be combined with additional space(s) for up to 17,000 SF of adjacent space
  • Central Air Conditioning
  • Finished Ceilings: 16’
  • Both floors must be leased together.

PROPERTY FACTS FOR 77 FREE ST , PORTLAND, ME 04101

Total Space Available 17,000 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 34,000 SF
Year Built/Renovated 1940/2000

ABOUT THE PROPERTY

FOR LEASE * 77 FREE STREET * PORTLAND FREE STREET RESTAURANT IS CLOSED & FOR LEASE 17,000 +/- SQUARE FEET—WITH ENTERANCES ON FREE AND BROWN STREETS LESSOR: KAPLAN 504 LLC (207) 774-9492 KAPLANCOMPANY@MSN.COM DESCRIPTION: Congress Street, in heart of Portland’s arts district. The State of Maine Fire Marshal has approved this property as a place of gathering. There is 53 feet of frontage on Congress Street, 68 feet of frontage on Free Street and 180 feet of frontage on Brown Street. All the floors are made of cement. There is a conveyor belt in the basement that can go to the first floor. There is a handicapped elevator on the Free Street side of the building that goes to 3 floors. There are very few supporting posts on the first and second floor. Most of the first floor is clear span. There is a dumbwaiter elevator from the basement to the first floor. LEASE RATE: VERY LOW BASE RENT & NNN CHARGES! BUILDING AREA: Total: 33,664+/- square feet First floor: 14,834+/- square feet Basement: 14,834+/- square feet Second floor: 3,996+/- square feet Mezzanine area that was projection room for three screen theater and café. CEILING HEIGHT first floor 16 feet—basement 12 feet high BUILDING CONSTRUCTION: Brick or masonry—all of the floors are made of cement ZONING: B-3 HVAC: 8 roof top units, over 53 tons of cooling and over 1 Million BTUS of high efficiency gas heat Electric: 3 phase-800 AMPS-2 electric meter Occupancy: Arcadia 550+/- person capacity Free Street Restaurant 200+/- person capacity Portland Storm Water Fee: $1,209.00 per year Portland Real Estate & District Tax: $24,026.44 per year Insurance: $9,716.64 per year Fire sprinkler, panel, water, monitoring: $1,588.10 per year Current Tenants: Arcadia Restaurant & Free Street Restaurant both have their own kitchens. Port City Music Hall, Bingas’ Stadium and Keystone Theater and Café are some of the previous tenants. The building was constructed to be an Owen Moore department store with a large stair case into the basement. This property is on the same block and side of the street as CVS Pharmacy, Renys Department Store and Maine College of Art, Portland Museum of Art. 504 Congress Street is located across from 511 Congress Street; a large office and retail building and the Maine Historic Society. The property has entrances on Free Street across from the Cumberland County Civic Center. The Brown Street doors are oversized to bring in freight and as a means of egress. Please contact us if you have any question or would like a tour of the property. Michael Kaplan KAPLAN 504 LLC 49 Ocean Avenue Portland, Maine 04103-5722 (207) 774-9492 kaplancompany@msn.com

  • Mezzanine
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Smoke Detector
Walk Score®
Walker's Paradise (99)
Bike Score®
Very Bikeable (77)

NEARBY MAJOR RETAILERS

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  • Listing ID: 33367415

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 77 Free St, Portland, ME 04101