FOR LEASE | RETAIL / RESTAURANT SPACE OLD PORT / COMMERCIAL STREET 111 COMMERCIAL STREET, PORTLAND, MAINE
This 1,900± SF space is located in a 6-story mixed use building Summary across from the historic Custom House in the Old Port. It features extra large windows and a prominent storefront on Commercial Building Type: 6-story mixed use historic Street. brick/stone rehab
The corner space is one two retail spaces on the first floor (the other Space: 1,900± SF space is Maine’s Pantry) which are divided by the entrance to the lobby and elevator for the upper floors. Use: Retail, restaurant
The highly visible property in the heart of the Old Port is close to park- Zone: B-3 Downtown Business ing and enjoys high foot traffic professional offices, tourist attractions, PAD Pedestrian Activities hotels and destination retailers nearby. The Hilton Garden Inn and Available: Now Portland Regency Hotel are both within a short walk.
PETER HARRINGTON MALONE COMMERCIAL BROKERS 207.772.0088 direct 5 Moulton Street • Suite 3 Portland, ME 04101 207.358.7916 direct fax [email protected] 207.772.2422 main www.malonecb.com RESTROOM
1,900± SF STREET 154 MIDDLE STREET FACADE PEARL
DEDICATED
COMMERCIALSTREET ENTRY Features Contact Us
Prominent storefront on Commercial Street PETER HARRINGTON 207.772.0088 direct New wood floors 207.358.7916 direct fax Exposed wood and beam ceiling with new lighting [email protected]
Full basement for storage
Across from waterfront and historic Custom House
Near all Old Port amenities 5 Moulton Street • Suite 3 Close to parking lots and facilities Portland, ME 04101 207.772.2422 main Within walking distance of the Ocean Gateway cruise ship terminal www.malonecb.com
This document has been prepared by Malone Commercial Brokers for advertising and general information only. Malone Commercial Brokers makes no guarantees, represen- tations or warranties of any kind, expressed or implied, regarding, but not limited to, warranties of content, accuracy, and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Malone Commercial Brokers excludes unequivocally all informed or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages there from. All data is subject to change of price, error, omissions, other conditions or withdrawal without notice. Malone Commercial Brokers is acting as the Seller’s/Lessor’s agent in the marketing of this property. Property Summary 111 COMMERCIAL STREET, PORTLAND, MAINE
LANDLORD: Blanchard Block LLC SPACE: 1,900± SF TOTAL BLDG. SF: 20,705± SF
ZONE: B3 Downtown Business Dist. / PAD Pedestrian Activity Overlay
STORIES: 6 CONSTRUCTION: Brick/stone
EXTERIOR: Brick/granite
CEILINGS: Exposed wood beam
FLOORING: New wood flooring
LIGHTING: New
RESTROOMS: 1
STORAGE: Full basement for storage
HVAC: Included
ELECTRICITY: Sub-metered to space—tenant responsible
UTILITIES: Public water and sewer (sub-metered to space)-tenant responsible
SIGNAGE: Per city code and regulations and Landlord approval
LEASE RATE: $40.00 PSF Modified Gross (MG)
EXPENSES: Tenant to pay increase over base year real estate taxes and operating expenses TERM: 5 years preferred
AVAILABLE: Now
PETER HARRINGTON MALONE COMMERCIAL BROKERS 207.772.0088 direct 5 Moulton Street • Suite 3 Portland, ME 04101 207.358.7916 direct fax [email protected] 207.772.2422 main www.malonecb.com Aerials 111 COMMERCIAL STREET, PORTLAND, MAINE
HISTORIC CUSTOM HOUSE
SUBJECT
SUBJECT Portland Statistics 111 COMMERCIAL STREET, PORTLAND, MAINE
Portland is the center of business activity and Maine’s largest city. The heart of it is concentrated among historic districts (Old Port, Arts District, Financial District for example) and areas (West End, East End, Eastern Waterfront, India Street for example) on the Portland Peninsula. The peninsula is also home to state-of- the-art medical centers and hospitals as well as universities, colleges and museums. Portland’s natural deep water port rivals New York, Boston and Philadel- phia for oil and cargo shipments. It’s Ocean Gateway Terminal is used for deep water berthing of some of the largest cruise ships in the world during the sum- mer and early fall months. The International Marine Terminal underwent a $5 million reconstruction project. This project is to increase cargo handling capacity from 50 containers per week to 200 per week and expand the pier and cargo container storage.
Cruise Ships Traffic Counts
Year Ships Passengers Crew
2013* 59 74,255 29,016 SUBJECT
2014** 52* 73,171 30,704
2015** 41* 64,098 28,415
** scheduled as of January 2014
* Based on 2013 berthing schedule as August 2013 **2014 and 2015 ship, passenger and crew statistics are based on berthing schedule for those years as of January
24, 2014 SOURCE: Traffic Volume Counts, 2012 Annual Report, State of Maine, Dept. of Transportation, Traffic Engineering Division, Cumberland County. NOTE: Counts noted are AADT (Annual Average Daily Traffic) and are cumulative in both directions unless otherwise noted. Portland Area 111 COMMERCIAL STREET, PORTLAND, MAINE
The historic seaport of Portland, Maine’s largest urban area, is perched on Casco Bay with its many island and coastal com- munities. This region is as celebrated for its arts and entertainment scene as it is for its walking and biking trails; as renowned for its local cuisine as for its access to outdoor adventures. Creative, exciting, happening, fun—it’s all here.
Portland’s Waterfront is a whirl of activity, as it has been for centuries. Walking trails, trolley tours, bay cruises, lobster-boat rides, historic schooners and is- land ferries all start here. Enjoy the many pubs and seafood restaurants. Walk the Eastern Prom Trail for stunning bay views.
The Old Port is a lively shopping district with cobblestone streets, boutiques, gal- leries and restaurants in renovated historic buildings. Stroll up Exchange Street, then head toward Monument Square for seasonal Farmers’ Markets and the childhood home of poet Henry Wadsworth Longfellow.
The Arts District, anchored by Portland Museum of Art, hosts galleries, antique shops, studios and theaters clustered around Congress Street. Visit the Children’s Museum of Maine, and don’t miss First Friday Art Walks.
Portland Freedom Trail takes you to 16 historic sites important in Maine's anti-slavery struggle. A self-guided tour helps you learn about our state's role in the Underground Railroad and the abolitionist movement.
Casco Bay - and the Calendar Islands that dot the bay - is Greater Portland’s maritime playground. Take a ferry to Peaks Island or cruise to Eagle Island to visit the summer estate of arctic explorer Admiral Robert E. Peary. Explore by kayak or sailboat or relax on a sunset cruise around the harbor.
MAINE RESTAURANT WEEK (March 1-10, 2014) - http://www.mainerestaurantweek.com/
Celebrates the statewide restaurant community. During this week restaurants offer specially priced 3-course menus. Chefs work hard year round to take care of their customers. During this week, they go above and beyond. The concept originated in NYC about 20 years ago and caught on in Maine in 2009.
PORTLAND FREEDOM TRAIL - Self-guided walking tour - http://www.portlandfreedomtrail.org/ MAINE BEER TRAIL - Breweries in Portland. - http://mainebrewersguild.org/ Portland Downtown District - http://www.portlandmaine.com/ Portland Regional Chamber - http://www.portlandregion.com/ Visit Portland Maine - http://www.visitportland.com/
PETER HARRINGTON MALONE COMMERCIAL BROKERS 207.772.0088 direct 5 Moulton Street • Suite 3 Portland, ME 04101 207.358.7916 direct fax [email protected] 207.772.2422 main www.malonecb.com