Property History
Price Improvement!
15 Chestnut Street is a 14,358 SF former Church, built in 1836, with incredible Gothic Revival architecture and stunning stained glass windows, exposed beams, restored woodwork, and cathedral ceilings. Most recently, the property was home to the nationally acclaimed Grace Restaurant, and in 2019 Grace became Trine Events at Grace, a full-time private events venue. A historic landmark property, 15 Chestnut Street is an incredible opportunity to own a piece of history on Portland’s peninsula. The property qualifies for historic tax credits, and zoning allows for a number of commercial and residential possibilities.
The Perfect Venue for Portland’s Growing Entertainment Scene
With a proposed 3,300-capacity music venue planned nearby, 15 Chestnut Street is perfectly positioned to become the premier dining destination for concertgoers and event attendees. The property’s spacious 14,358 SF layout, modern bar, mezzanine seating, and event-friendly amenities make it an ideal choice for a high-end restaurant, cocktail bar, or entertainment venue. In addition, the B3 zoning ordinance allows for a wide variety of uses. Don’t miss this chance to be at the center of Portland’s next big entertainment hub.
• Includes property, business assets and all FF&E
• Listed on National Register of Historic Places
• Modern amenities and updates while honoring historical and architectural integrity
• Seats 175 plus additional room for events
• 27 historic stained glass windows
• Restored woodwork, exposed beams and cathedral ceilings
• Modern circular bar under chandelier overhang, dining alcoves along walls
• Mezzanine space overlooking bar and restaurant
• Open kitchen with state-of-the-art equipment in former alter location
• Additional event venue in downstairs
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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