Commercial real estate in Boston’s Waterfront is more in-demand than ever. If you are looking for restaurant space in this neighborhood, then, it’s vital to enlist the right help. Read on to learn more and to find out what Boston City Properties can do to make your search easier.
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Restaurant Space
Boston Waterfront Commercial Real Estate Information
With the establishment of the Seaport District and Innovation District, the Waterfront has exploded over the last few years. Since 2010, more than 5,000 new jobs have been added, and upwards of 1,500 new housing units have been developed – and plenty more are on the way. With a median household income of around $150,000 per year, this neighborhood’s demographics are very friendly toward dining establishments of all kinds. With green spaces like Castle Island Park and Carson Beach, the area is teeming with suitable spots for opening an eatery.
Five Tips for Finding Commercial Real Estate in Boston
- Check the history of the location – Although the Waterfront is in the midst of a major boom, not just any location will do when attempting to open an eatery here. For any location that you are considering, learn the history of it and how other businesses have fared – especially dining establishments.
- Choose a strategic spot – Enhance the positive aspects of having a business in this popular area by choosing a location that is close to major transit stops. Two MBTA stations for the Red Line, Broadway and Andrew, are located here, and you are more likely to enjoy significant foot traffic by selecting a spot that is within reasonable proximity of one of them.
- Have an exit plan – Don’t back yourself into a corner when setting up a new eatery on the Waterfront. Start with a lease of one to three years so you can back out if things don’t go as planned. You can sign a longer lease or purchase property outright after gaining some traction.
- Perform due diligence – Just because a spot looks great on paper doesn’t mean that it will attract your target demographic. Before making your final decision, spend time physically near the location that you are considering and see who passes by – and when.
- Enlist help right away – As soon as possible, connect with the help and resources that you will need to successfully buy or lease suitable commercial real estate in this neighborhood. Understand that Boston City Properties has everything that you will need to locate the ideal spot for your new business as quickly as possible.
Why Boston City Properties?
Boston City Properties is the name to trust when seeking restaurant space for sale or lease in Boston’s Waterfront neighborhood. When you sign up using the simple form, you’ll get free, instant access to our vast, continually updated database of searchable Boston commercial real estate listings. When you are ready, we can connect you to a skilled commercial real estate agent in this neighborhood who will provide insider’s knowledge that is certain to make your search that much easier. Our website is also continually updated with the latest Boston commercial real estate news, which allows you to stay abreast of developments as they occur.
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The right property for your Waterfront dining establishment isn’t going to just fall into your lap. Lay the groundwork for a stress-free and effective search by contacting Boston City Properties today.
Dining Scene
Are you looking to buy a parcel in the area to develop a dining establishment? If so, Boston City Properties can help you find the perfect option. From the Eastie shipyard to Fort Point Channel, the city’s downtown waterfront neighborhood offers an array of options for ambitious investors, developers and restauranteurs. Whether you’re looking to develop a fine-dining establishment or something more casual, BCP can help you identify a property that meets your requirements.
Set amid the backdrop of downtown Boston, the Waterfront has a vibrant dining scene that enjoys a steady stream of business from students, working professionals and tourists. With so many people flocking to the neighborhood – especially for lunch and dinner – opening an eatery here is a can’t miss proposition. However, finding the right place to develop it can be tricky, so it pays to connect with Boston City Properties.
Many eateries in this part of the city take advantage of their waterfront locations with sprawling harborside patios and decks. Some even offer rooftop dining, allowing guests to enjoy phenomenal views of the harbor, the city skyline and surrounding areas.
Even during the winter, the neighborhood s a great place to grab a bite. Many eateries have window walls that afford views of the water while allowing in plenty of natural light. While dining, guests enjoy watching planes going in and out of nearby Logan International Airport. On cooler days, outdoor patios are dotted with space heaters to keep people comfortable as they nosh on seafood towers, steamers, lobster rolls and other types of classic fare.
Many eateries are found along Sleeper Street, but they are scattered throughout the area. Some are found in the many elegant hotels that line the streets of this downtown neighborhood. Regardless of where you are looking – from Rowes Wharf to Battery Wharf – our team can help you identify properties for sale that align with your development and investment goals.
If you’re ready to secure space in the neighborhood to develop a new dining establishment, Boston City Properties can help. Contact us today for more information.