Downtown Retail Space

For Lease

5 Milk Street, Portland, ME 04101

You can currently find 1 retail space(s) available for lease at Downtown Retail Space. Designated use type for space listed here includes street retail. Current retail listings at this property total 2,199 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Downtown Retail Space.

Space Available For Lease 1

Contacts

broker

Gregory W. Boulos

The Boulos Company

Property Details

  • Property Type Retail - Street Retail
  • Property Size 30,633 SF
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1900
  • Date Updated Jun 26, 2024
Ideally located in the heart of the Old PortDowntown Retail Space

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Reach out to the broker for more info on lease terms and amenities

Highlights

  • 2,199± SF retail/office space available for lease
  • Excellent Old Port location in attractive historic building with exceptional natural light and floor to ceiling windows
  • Former salon with plumbing still in place
  • Recently updated suite with classic brick-and-beam aesthetic
  • Neighboring businesses include The Regency Hotel, The Crooked Mile, The North Point, Northeast Bank, West Elm, Androscoggin Bank and many more.

Attachments

Getting around

  • 99/100

    Walk Score ®

  • 53/100

    Transit Score ®

  • 79/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Portland, ME
  • Neighborhood Downtown Portland
  • Zip Code 04101
  • Market Portland ME

Points of Interest

  • Portland

    1.94 miles

  • Irving

    0.56 miles

  • Citgo

    0.67 miles

  • 7-Eleven

    0.84 miles

  • Cumberland Farms

    0.90 miles

  • Gulf

    0.95 miles

  • Forest Avenue Mobil

    1.49 miles

  • Gulf

    1.70 miles

  • Gulf

    1.79 miles

  • Mobil

    1.85 miles

  • Cumberland Farms

    2.55 miles

  • Middle & Pearl Parking

    0.04 miles

  • Pearl Street Parking Garage

    0.06 miles

  • Cumberland County Parking Garage

    0.10 miles

  • Casco Bay Ferry Terminal Garage

    0.18 miles

  • Ocean Gateway Lot

    0.24 miles

  • Top of the Old Port Parking Lot

    0.24 miles

  • Ocean Gateway Garage

    0.28 miles

  • Elm Street Parking Facility

    0.33 miles

  • City of Portland Day Parking Lot

    0.40 miles

  • Monument Square Parking Garage

    0.41 miles

  • Mami

    0.06 miles

  • Pat's Pizza

    0.06 miles

  • Fuji

    0.07 miles

  • Cheese Louise

    0.07 miles

  • Fore Street Restaurant

    0.10 miles

  • Black Cow Burgers & Fries

    0.12 miles

  • The Holy Donut

    0.12 miles

  • Central Provisions

    0.12 miles

  • Gilbert's Chowder House

    0.13 miles

  • Old Port Slice Bar

    0.13 miles

  • Portland Food Co-op

    0.23 miles

  • Congress Plaza Shopping Center

    0.23 miles

  • Reny's

    0.45 miles

  • Whole Foods Market

    0.49 miles

  • Paul's Food Center

    0.54 miles

  • Trader Joe's

    0.64 miles

  • Rosemont Market

    0.70 miles

  • Hannaford

    0.87 miles

  • Hannaford Grocery Store

    0.89 miles

  • Hong Kong Market

    1.35 miles

5 Milk Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    5 Milk Street is located in Downtown Portland, which is home to a total of 17 listing(s). Retail space at Downtown Retail Space asks $28.00/SF/YR per square foot.

  • The property includes 2,199 square feet of retail space for lease. Of this total, 2,199 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Portland is 37. The average household income here is $65,932 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Gregory W. Boulos

The Boulos Company

  1. 1Main information
  2. 2Extra information