Navis Cafe in Portland's Waterfront District
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The Navis Cafe is a profitable, well-established business located on Portland's waterfront. Its upscale, nautical-themed decor has a built-in repeat clientele and offers a competitive lease rate that can be extended beyond 5 or 10+ years. The 1,456 SF leased space seats 36 indoors and an additional 36 on the outdoor patio for increased seasonal al fresco dining.
With favorable lease terms and prime location on the ground floor of the architecturally designed WEX headquarters, the restaurant amenities and kitchen facilities are finely equipped to serve the 500+ on-site WEX employees, as well as the daily foot traffic from Portland’s busy waterfront tourism activities.
Navis Cafe's convenient access within the city's office district includes the Sun Life offices (approximately 77,000 SF) which further strengthens weekday visitation and supports Portland's premier live/work/play appeal. This multi-zoned waterfront usage adds a consistent high-density residential base that provides year-round traffic from Portland's ''to-go'' culture during both the in and off seasons.
Other 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 potential for extended operating hours and strategic venue partnerships and cross-promotion.
-The Navis Café sits adjacent to the $1 Billion-dollar mixed-use waterfront development project coming to the Portland Foreside.
With favorable lease terms and prime location on the ground floor of the architecturally designed WEX headquarters, the restaurant amenities and kitchen facilities are finely equipped to serve the 500+ on-site WEX employees, as well as the daily foot traffic from Portland’s busy waterfront tourism activities.
Navis Cafe's convenient access within the city's office district includes the Sun Life offices (approximately 77,000 SF) which further strengthens weekday visitation and supports Portland's premier live/work/play appeal. This multi-zoned waterfront usage adds a consistent high-density residential base that provides year-round traffic from Portland's ''to-go'' culture during both the in and off seasons.
Other 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 potential for extended operating hours and strategic venue partnerships and cross-promotion.
-The Navis Café sits adjacent to the $1 Billion-dollar mixed-use waterfront development project coming to the Portland Foreside.
About the Business
- Years in Operation
- 5
- Facilities & Assets
- The Navis Cafe is a profitable, well-established business with finely appointed kitchen facilities and prime location by Portland's waterfront with direct access to the expanded office district. Its upscale, nautical-themed decor has a built-in repeat clientele and offers a competitive lease rate that can be extended beyond 5 or 10+ years. The 1,456 SF leased space seats 36 indoors and an additional 36 on the outdoor patio for increased seasonal al fresco dining.
- Website
- Show Website URL
- Market Outlook / Competition
- Well established in the both the Portland waterfront and office district, the Navis Cafe has built a loyal following and clientele base with over 5 years of successful business operation.Its prime location on the ground floor of the architecturally designed WEX headquarters, the restaurant amenities and kitchen facilities are finely equipped to serve the 500+ WEX employees, as well as the daily foot traffic from Portland’s busy waterfront tourism activities.
- Opportunities for Growth
- 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 potential for extended operating hours and strategic venue partnerships and cross-promotion.
-The Navis Café sits adjacent to the $1 Billion-dollar mixed-use waterfront development project coming to the Portland Foreside.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,456
- Rent
- $3,375 per month
- Lease Expiration
- 5/31/2031
About the Sale
- Seller Motivation
- Husband and Wife investor team owned for 5 + years and expanding portfolio.
- Transition Support
- Sellers will provide a minimum of 2-3 weeks of hands on orientation and training with optional longer terms to be discussed with Buyer(s)
- Financing Options
- Base lease for 2026 is $3,375 total monthly lease amount including CAM $3,968
Listing Info
- ID
- 2546027
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2546027 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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