56 Thames StreetPortland, ME 04101Price: $995,000

The Navis Cafe is purpose-built to capture consistent daytime demand from Portland's growing waterfront tourism and office district, with a high-density residential base. This prime location seats 36 indoors and an additional 36 patio seats for guests to enjoy seasonal outdoor dining. Strategically positioned within WEX's global headquarters building, the Navis Caf is an established, upscale, turn-key restaurant with 1,456 SF of well-equipped interior leased space that has been recently renewed for 5 years with a competitive lease rate. WEX's modern waterfront office hub provides built-in daily exposure to 500 employees and nearby professional services, as well as access to Portland's year-round visitor traffic and in-town ''to-go'' culture. Nearby demand drivers include: -Live at Madrid's, a newly opened, 800+ seat concert venue and event space attracts sold-out national acts and increases year-round local foot traffic. This creates increased revenue opportunities with extended operating hours on show nights to capture pre-/post-event food & beverage through strategic venue partnerships and cross-promotion. -Navis Caf sits adjacent to the $1 Billion-dollar mixed-use waterfront development project coming to the Portland Foreside. Other current waterfront office buildings include Sun Life (approximately 77,000 SF), further strengthening weekday foot traffic and reinforcing the area's momentum as Portland's premier live/work/play waterfront district.