Great Bay Spa & Sauna Expands to Maine at Former Cracker Barrell Building

For nearly 15 years, 357 Maine Mall Road was known as the home of Maine’s only Cracker Barrel restaurant. With its recognizable facade and prominent location in South Portland’s retail corridor, the building became something of a local landmark. After the restaurant closed, the vacant space quickly sparked conversation about what might come next.

The next chapter is all about comfort, wellness, and at-home relaxation. Great Bay Spa & Sauna, a New Hampshire-based company known for premium hot tubs, swim spas, and saunas, is bringing its second showroom to Maine.

Malone Commercial Brokers is proud to have facilitated the sale of the 10,030± SF building to 357 Maine Mall Road, LLC for $2,880,000. Mark Malone and Nick Malone of Malone Commercial Brokers represented the seller, and John Finegan of The Boulos Company represented the buyer.

Founded in Portsmouth in 1976 by three friends inspired by the hot spring culture out west, Great Bay Spa & Sauna has spent around 50 years building a business rooted in quality and customer care. In 2019, longtime employee Jamie Burson took the reins and continues to lead the company with the same passion and integrity that defined its early days.

“We are a company that sells products that we use, have a passion for, and believe in,” the company says on its website. “We don’t just want you to buy our stuff. We want to share the experience with you.”

Their newest showroom in South Portland will carry forward that mission, offering high-end wellness products alongside knowledgeable staff, hands-on experiences, and a dedication to helping customers find relaxation at home.

Malone Commercial Brokers is excited to see Great Bay Spa & Sauna flourish in this well-known location and continue its expansion into the Maine market.

A creative new use for industrial space at 1 Industrial Way in Portland

What started as a one-man operation in a bedroom has grown into a fully outfitted production studio in Portland’s creative corridor. Powers Media House, founded by Mitchell Powers, has officially opened Studio120, a flexible, content-focused workspace built for photographers, videographers, podcasters and small business owners.

To bring the project to life, Powers leased 1,500± SF of industrial space at 1 Industrial Way. Mike Anderson of Malone Commercial Brokers brokered the transaction.

Studio120 occupies one half of a space formerly occupied by a local brewery. The space was converted back to two units with the other half now being home to Soma Metalwork, which moved in earlier this year and just celebrated their grand opening. The redevelopment reflects a continued demand for functional industrial space among local

makers and entrepreneurs. “We decided to market the space as either a single 3,000 SF unit or as two 1,500 SF units to cast the widest net possible to accommodate a variety of tenant’s needs”, said Mike Anderson, the broker from Malone Commercial Brokers who facilitated both transactions. “1 Industrial Way has been well-known as a local brewery hub for many years and the addition of Soma Metalwork and Studio120 is a great way to diversify the property yet still offer public-facing businesses that, in my opinion, mix well with the brewery scene.”

The studio is built to accommodate a wide range of production needs, featuring a 23-foot-wide, 12-foot-tall, and 15-foot-deep cyclorama wall, a turnkey podcast studio, and a variety of interchangeable backdrops. Powers plans to use the space for Powers Media House client work while also offering it as a rental studio for other creatives and agencies in Southern Maine.

“Ever since the beginning of this journey, I had a dream of owning a production studio that was built for the everyday content creator, production agencies, and local business owners to get in their content rain or shine,” said Powers. “This new studio space is a dream come true and has already made a positive impact on my business.” Powers explained how burdening overhead costs in the creative industry are and he wants to help local creatives and businesses combat that.

Powers came across the listing after seeing a Malone sign on the property. “My experience with Mike and the Malone group was great. One thing I really appreciated about Mike was his open communication and that he answered any questions or concerns in a timely manner.”

Studio120 is now open and booking. For more information, visit www.powershouseofmedia.com.

New Retail Spaces Available on Portland’s Eastern Waterfront

Portland’s Eastern Waterfront continues to evolve, and 110 Thames Street is at the center of it all. Malone Commercial Brokers is pleased to present two newly built commercial spaces now available for lease, offering a rare opportunity to join a growing neighborhood that blends the energy of Portland’s working waterfront with its creative momentum.

This brand-new, waterfront-facing building is already home to Sun Life and will soon welcome Bard Coffee, currently operating out of their nearby trailer located across from Twelve, as well as Douro, a new all-day seafood concept inspired by Portuguese coastal cuisine.

Located just steps from the Eastern Promenade, the Eastern Trail, and Portland’s active piers, this area sees consistent foot traffic from both locals and visitors. Whether it’s grabbing a coffee, enjoying the views, or heading to dinner, the neighborhood has become a go-to destination for both lifestyle and leisure.

The two available spaces, a 2,575± SF ground floor suite and a 5,772± SF plaza level suite, are well-suited for a variety of retail, restaurant, or service uses. With a clean, modern shell ready for build-out, tenants have the flexibility to tailor the space to their brand vision.

If you’re looking to establish your business in a highly visible, high-traffic location with proximity to some of the city’s most talked-about food and beverage concepts, this is your opportunity.

To learn more about leasing opportunities at 110 Thames Street, contact Peter Harrington, Joe Malone or Luke Malone.

Lakeside Lodge and Brewery for Sale Near Sugarloaf Maine

Malone Commercial Brokers is offering a rare opportunity to own a lakefront commercial property just 10 miles from Sugarloaf, one of Maine’s premier ski resorts. This boutique four-season lodge sits on 2.8± acres with 626± feet of shoreline on Flagstaff Lake in Eustis, Maine.

The hospitality property features a renovated 1800s barn that has been converted into a charming guest lodge with six to seven private suites, shared common areas, and direct access to the lake. Outdoor amenities include a large open lawn for events and weddings, a canoe and kayak dock, an outdoor fire pit, a 20-slip marina, and two float plane docks.

What sets this property apart is the that there is a fully equipped commercial kitchen and restaurant space with seating for 88 on the first floor. The restaurant space provides a strong on-site customer base and adds significant value to the property.

This commercial real estate listing is ideal for investors, hospitality groups, or owner-operators looking to enter the thriving Maine tourism market. The area is known for year-round recreation such as skiing, hiking, mountain biking, boating, fishing, and snowmobiling. With thousands of acres of surrounding public land and a steady stream of visitors throughout all four seasons, it’s a quintessential representation of Maine living.

Zoned for hospitality use, the property offers expansion potential for additional lodging units, cabins, or glamping accommodations. Its prime location, natural surroundings, and income-producing restaurant make this one of the most attractive investment properties currently available in Western Maine.

For more details or to schedule a showing, contact Cheri Bonawtiz, CCIM at Malone Commercial Brokers.

McBowlers Win Best Team Shirt at MEREDA’s Strikes for Scholars!

We had a blast at Bayside Bowl back in May, where the team at MCB swapped commercial brokerage for some friendly competition as the McBowlers in MEREDA’s annual Strikes for Scholars fundraising event.

While we’re usually on our bowling game, this year we were on our T-shirt game instead! We took home the award for Best Team Shirt for 2025! Big thanks to Shelly from MEREDA for coming by our office to present us with our plaque.

MEREDA is donating $15,000 toward scholarships for Maine students entering the building trades, and we’re so proud to support such a fun event for an even better cause.

We had a fantastic time rollin’ it with other local businesses, and we can’t wait to do it all again next year.

And as always, if you ever need commercial real estate with a side of ample parking, we’ve got you covered. Maybe not as good as fries, but still something to be excited about!

Craft, Mend, and Reuse: Maine-Based Textile Business Finds New Home at Stockhouse Station

Past + Future Craft Exchange, a creative reuse center focused on textile crafts and community connection, is relocating from the Dana Warp Mill to a larger space at Stockhouse Station in Westbrook.

Past + Future Craft Exchange is a home for “leftover materials” that crafters may use, or others may toss. These materials and supplied that people don’t use or are unwanted can be donated to Past + Future for future use. Their goal is to make crafting affordable, accessible, and sustainable, reducing the environmental impact of crafting.

Owner Jo Bell launched the business after co-directing the now-closed nonprofit Common Threads of Maine. “This project started three years ago as a program of Common Threads of Maine,” she said. “We decided to close the nonprofit last summer due to difficulties,” Bell continued, “I recognized that there was a loyal customer base for the store and the hobby sewing classes we were offering, so I decided to keep it going as a business, independent of Common Threads.”

The new 1,355± SF space at 506 Main Street will allow for expanded hours, a dedicated classroom, and increased inventory. This is due to the fact that the new space is twice the size of hers, is on the street level, and has plenty of off-street parking for customers!

Bell discussed her vision for her new space where she wants to bring together the community without the burden of cost. “Every Wednesday evening we’ll offer a free social event for crafting in community,” she said, “I’m also planning to offer more new merchandise to help folks find what they need now that Joann Fabrics is closing.”

Mike Anderson of Malone Commercial Brokers represented the landlord, Stockhouse Station LLC, in the lease transaction. Joe Atwood of The Dunham Group represented the tenant. “We’re excited to welcome Past + Future and its owner, Johanna, to Stockhouse Station,” said Anderson. “Her business is a perfect complement to our unique mix of office and service retail tenants and anchor restaurant tenant. Past + Future is one of several new additions to the property in recent months, reflecting the continued momentum and appeal of Stockhouse Station and the City of Westbrook as a whole.”

Other tenants that have recently joined Stockhouse Station include a real estate office, a board game bar and a small beauty spa.

Past + Future operates as an L3C—a hybrid between a for-profit business and a nonprofit. An L3C business is a private organization that earns profits, only in order to conduct business to help a certain cause. At Past + Future, the center of their mission is sustainability, creativity, and community, all causes that we all should be embracing, especially in Maine.

The grand opening weekend is scheduled for May 9–10, featuring a ribbon cutting with the City of Westbrook, a scissor sharpening pop-up by Wicked Sharp, and mending services from Two Cat Tailoring. See you there!

Only One Unit Remaining at 160 Presumpscot Street in Portland, Maine!

Just off I-295 in Portland, one final opportunity remains at 160 Presumpscot Street—a 2,616± SF ground-floor unit in a fully rebuilt commercial property designed for flexibility, visibility, and ease of use. With every other space in the building leased, this is your chance to join a thriving tenant mix in a building that's been thoughtfully updated from the ground up.

The building underwent a complete renovation in 2024 and now offers a fresh, modern feel with durable materials and practical features. The remaining unit is ideal for a wide range of uses, from office and showroom space to light industrial operations. Inside, you’ll find high ceilings, wide hallways built to accommodate pallets, and plenty of natural light—making it a functional and inviting space for both employees and clients.

Additional features include ADA accessibility, ample on-site parking, and a freight elevator that connects to over 6,000± SF of basement storage. Zoned IL (Low Impact Industrial), the property offers flexibility for users with unique operational needs. Its prime location provides excellent signage opportunities and sees approximately 17,750± cars per day—delivering strong visibility for any business looking to grow.

This is the last available unit in a building that’s ready to support Portland’s forward-thinking businesses. Whether you’re scaling up or starting fresh, 160 Presumpscot Street offers the space and functionality to make it happen.

For more information or to schedule a tour, contact Mark Malone, CCIM at mark@malonecb.com or 207.233.6000.

Soma Metalwork Forges Ahead with New Studio Space in Portland

Malone Commercial Brokers is excited to welcome Soma Metalwork, a blacksmithing studio, to Portland. Founded by craftsman Kiran Chapman, Soma has officially leased 1,500± SF of space at 1 Industrial Way, in a deal brokered by Mike Anderson of Malone Commercial Brokers on behalf of the landlord, Aim One Industrial Way, LLC.

Kiran has been mastering his skills at the forge for six years, and running Soma Metalwork full-time for nearly four. After developing his craft, teaching classes and growing his brand out of Skyline Farm in North Yarmouth, the time felt right to take the next step.

“When I was introduced to blacksmithing, a lot of things clicked into place,” he said. “From the gratification of physically forging objects to the creative freedom of designing new products, many non-negotiable aspects of what I want my days to look like felt satisfied.”

That clarity led him to search for a space that could support his growth. One Industrial Way, formerly home to one of Austin Street Brewery’s locations, had been on his radar for some time.

“This unit was on my radar for a while and kept popping up when I was doing ‘dream shop’ searches,” Kiran said. “Once I saw it in person, it felt right. The building has great bones, and the fact that it used to be a brewery actually works well—it’s got the hookups I need, concrete floors, and it's zoned for exactly the type of light industrial work I'll be doing.”

Now, as the new home of Soma Metalwork, the space will serve as both a production shop and a teaching studio, where students can try their hand at blacksmithing and knifemaking.

Kiran envisions a hands-on, welcoming environment with designated areas for forging, shaping, welding, and socializing, plus a small showroom. “It’s going to feel like a working shop, but also like a public-facing creative studio: raw, functional, and intentional.”

For Kiran, the move isn’t just about more space. “It’s not just a move—it’s a way to deepen the work I already love and invite more people into it with a level of intentionality I haven't been able to create for my brand yet.”

Reflecting on the leasing experience, he added, “Working with Mike and the team at Malone was honestly great. They were clear and patient as I figured out what I needed from a commercial space and helped me navigate the lease with the landlord. Mike in particular was super responsive and easy to talk to and made the process feel a lot less intimidating than I expected. I’d definitely recommend Malone to other small business owners.”

Joining Soma Metalwork in the building is Powers Media House, who leased the remaining 1,500± SF. More on their move coming soon…

Classes at Soma are expected to begin shortly after a soft opening in May. In the meantime, updates can be found on somametalwork.com or by following @soma.metalwork on Instagram.

At Malone Commercial Brokers, we’re proud to help small businesses like Soma Metalwork find spaces that reflect their vision and give their ideas room to grow. Congratulations to Kiran, we can’t wait to see where this new chapter takes you!

Rock Row Health Campus Is Now Open: A New Era of Care in Southern Maine

The doors are officially open at the Rock Row Health Campus—and with them, a new chapter in collaborative healthcare has begun. This highly anticipated opening represents the culmination of years of thoughtful planning, hard work, and dedication by many hands. We’re honored that Malone Commercial Brokers played a role in bringing this vision to life.

Mark Malone, along with Jennifer Small and their teams, have worked closely with Waterstone Properties and its partners to identify and secure the right tenants for this first-of-its-kind medical campus in Maine. Their collective effort has helped shape a destination where patients can access a wide range of medical services, all on one unified campus.

The grand opening event was more than just a celebration—it was a show of community. Our team had the opportunity to connect with the organizations, providers, and professionals who now call Rock Row home. From oncology and mental health to preventive care and wellness services, the Health Campus is designed to serve the evolving needs of Southern Maine and beyond.

We extend our congratulations to everyone who made this possible: the construction crews who brought the vision into physical form, the leasing teams who thoughtfully curated the campus mix, and of course, the healthcare providers who are already making an impact in the lives of patients. We're equally excited for the future tenants who are preparing to join the community and add to the momentum.

The Rock Row Health Campus is a step forward in how we experience care. We’re proud to have helped make it a reality.

Malone Commercial Brokers Facilitates Sale of 14 Randall Street, Portland

14 Randall Street, Portland

Malone Commercial Brokers is pleased to announce the sale of 14 Randall Street in Portland, Maine. This 4,245± SF multi-family property, previously owned by Ingraham Volunteers, INC, was purchased by Southworth Investments, LLC for $825,000.

Located just off Back Cove and I-295, 14 Randall Street is a 13-room rooming house featuring a first-floor kitchen with a newly installed hood, a handicap-accessible entrance, and ample on-site parking with a large side lot. The property has also benefited from recent life safety upgrades, making it a well-maintained and functional investment.

Jennifer Small of Malone Commercial Brokers represented the Seller, while Cheri Bonawitz of Malone Commercial Brokers represented the Buyer in the transaction, which successfully closed on March 21, 2025.