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  1. Retail Space
  2. ME
  3. Portland

Mixed Retail Redevelopment

For Lease 7,062 SF

123 Washington Avenue, Portland, ME 04101

Direct assess off I-295 Washington Ave ConnectorA mixed-retail destination where independent operators, local makers, and restauranteurs converge in Portland’s most vibrant dining corridor.

Rental Details

  • Number of spaces 5
  • Total square feet available 7,062 SF
  • For Lease $2,348.00 - $3,367.00/MO
  • Space Type Street Retail, Restaurant
  • Lease Type NNN
  • Latest Update Aug 24, 2026
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5 Spaces Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
Retail 1 Street Retail $3,367.00/MO 2,020 SF 1 NNN

Retail 1

Space Type

Street Retail

Lease Rate

$3,367.00/MO

Additional Rent

Price on request

Total Space Available

2,020 SF

Floor

1

Divisible Space

2,020 - 2,020 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Retail 2 Street Retail $2,348.00/MO 939 SF 1 NNN

Retail 2

Space Type

Street Retail

Lease Rate

$2,348.00/MO

Additional Rent

Price on request

Total Space Available

939 SF

Floor

1

Divisible Space

939 - 939 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Retail 3 Street Retail $2,390.00/MO 956 SF 1 NNN

Retail 3

Space Type

Street Retail

Lease Rate

$2,390.00/MO

Additional Rent

Price on request

Total Space Available

956 SF

Floor

1

Divisible Space

956 - 956 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Retail 4 Street Retail $2,640.00/MO 1,760 SF 1 NNN

Retail 4

Space Type

Street Retail

Lease Rate

$2,640.00/MO

Additional Rent

Price on request

Total Space Available

1,760 SF

Floor

1

Divisible Space

1,760 - 1,760 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Retail 5 Restaurant $2,658.00/MO 1,387 SF 1 NNN

Retail 5

Space Type

Restaurant

Lease Rate

$2,658.00/MO

Additional Rent

Price on request

Total Space Available

1,387 SF

Floor

1

Divisible Space

1,387 - 1,387 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Retail 1

Space Type
Street Retail
Lease Rate
$3,367.00/MO
Total Space
2,020 SF
Floor
1
Lease Type
NNN
Space Type

Street Retail

Lease Rate

$3,367.00/MO

Additional Rent

Price on request

Total Space Available

2,020 SF

Floor

1

Divisible Space

2,020 - 2,020 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Retail 2

Space Type
Street Retail
Lease Rate
$2,348.00/MO
Total Space
939 SF
Floor
1
Lease Type
NNN
Space Type

Street Retail

Lease Rate

$2,348.00/MO

Additional Rent

Price on request

Total Space Available

939 SF

Floor

1

Divisible Space

939 - 939 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Retail 3

Space Type
Street Retail
Lease Rate
$2,390.00/MO
Total Space
956 SF
Floor
1
Lease Type
NNN
Space Type

Street Retail

Lease Rate

$2,390.00/MO

Additional Rent

Price on request

Total Space Available

956 SF

Floor

1

Divisible Space

956 - 956 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Retail 4

Space Type
Street Retail
Lease Rate
$2,640.00/MO
Total Space
1,760 SF
Floor
1
Lease Type
NNN
Space Type

Street Retail

Lease Rate

$2,640.00/MO

Additional Rent

Price on request

Total Space Available

1,760 SF

Floor

1

Divisible Space

1,760 - 1,760 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Retail 5

Space Type
Restaurant
Lease Rate
$2,658.00/MO
Total Space
1,387 SF
Floor
1
Lease Type
NNN
Space Type

Restaurant

Lease Rate

$2,658.00/MO

Additional Rent

Price on request

Total Space Available

1,387 SF

Floor

1

Divisible Space

1,387 - 1,387 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

broker
Brice O'Connor

The Boulos Company

Building Details

  • For Lease $2,348.00 - $3,367.00/MO
  • Property Type Retail - Street Retail
  • Property Size 17,331 SF
  • Units 6
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Year Built 1914
  • Year Renovated 2017
  • Date Updated Aug 24, 2026

Location

  • City Portland, ME
  • Neighborhood East End Portland
  • Zip Code 04101
  • Market Portland ME
  • Map
  • Street
  • Walk score 92/100 Walker's Paradise
  • Transit score 43/100 Some Transit
  • Bike score 67/100 Bikeable
Powered by Walk Score ®

Points of Interest

Portland

2.15 miles

Big Apple

0.27 miles

Tesla Supercharger

0.87 miles

Citgo

0.97 miles

Irving

1.21 miles

7-Eleven

1.28 miles

Forest Avenue Mobil

1.34 miles

Cumberland Farms

1.36 miles

Gulf

1.67 miles

Fabian

1.97 miles

Mobil

1.99 miles

Top of the Old Port Parking Lot

0.51 miles

Ocean Gateway Garage

0.53 miles

City of Portland Day Parking Lot

0.55 miles

Cumberland County Parking Garage

0.57 miles

Middle & Pearl Parking

0.64 miles

Ocean Gateway Lot

0.64 miles

Pearl Street Parking Garage

0.68 miles

Elm Street Parking Facility

0.70 miles

Casco Bay Ferry Terminal Garage

0.71 miles

Monument Square Parking Garage

0.81 miles

Rosemont Market

0.31 miles

Whole Foods Market

0.40 miles

Congress Plaza Shopping Center

0.45 miles

Portland Food Co-op

0.45 miles

Trader Joe's

0.70 miles

Hannaford

0.84 miles

Reny's

0.94 miles

Paul's Food Center

1.03 miles

Veranda Asian Market

1.61 miles

Hong Kong Market

1.63 miles

Listing Summary

  • The Price for Retail Space at 123 Washington Avenue

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 123 Washington Avenue, asking rent starts at $$2,348.00/MO per square foot.

    Reach out to the listing broker for information on best parking and other access options at or near the property.

    Recent renovations also contribute to the attractiveness of a retail property, which, in turn, influences rent. 123 Washington Avenue was last renovated in 2017.

  • Retail Space Options Available at 123 Washington Avenue

    123 Washington Avenue has a total of 7,062 square feet of retail space for rent. Lease types available at the property include NNN lease terms. However, it should be noted that retail spaces come in different shapes and sizes, with different types of spaces serving the needs of different businesses. Out of the total retail space at this address, 5,675 square feet are Street Retail.

    123 Washington Avenue also has 1 Restaurant space(s), which represents a total of 1,387 square feet.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. 123 Washington Avenue offers 2 retail space(s) sized 1,000 square feet or less. Retail space of this size can be a more affordable option for small businesses or for those that don’t have very quick growth expectations. You will find 3 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 123 Washington Avenue, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Brice O'Connor
broker
Brice O'Connor

The Boulos Company

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