If you want to lease or purchase restaurant space in Boston’s Chinatown neighborhood, you have your work cut out for you. Rather than going it alone, get the help that you need from square one for the best odds of success. Read on to find out how Boston City Properties can help.
Click Here to Search
Restaurant Space
Commercial Real Estate in Boston’s Chinatown Neighborhood
Located in the heart of downtown and adjacent to thriving areas like Boston Common, Downtown Crossing and Bay Village, Boston’s Chinatown neighborhood has a lot to offer to enterprising restaurateurs. Although its population is only around 7,600 people, thousands more stream in, out and through on a daily basis. From Essex Street to Washington Street to Harrison Avenue, this neighborhood is jam-packed with prime opportunities for establishing a successful eatery – and Boston City Properties can help you to identify them.
Five Tips for Acquiring Commercial Real Estate in Chinatown
- Research local demographics – Identify a location where your target audience is likely to be found by researching the demographics of Chinatown. For example, the median household income is around $36,000, and roughly 12 percent of households include children.
- Be ready to negotiate – Even if a great location appears out of the question because of its sale or lease terms, it’s important to know that these aren’t set into stone. Negotiations are a routine part of these transactions, and a skilled commercial real estate agent can help you to haggle your way to a deal that suits your needs.
- Scout out spots near public transit – Eateries that get a lot of foot traffic enjoy better odds of success, and transit stations attract a lot of it. With Orange Line MBTA stations like Tufts Medical Center and Green Line stations like Boylston within close proximity, this neighborhood presents plenty of options for real estate that is well-suited for dining establishments.
- Have an easy way out – Even after performing careful research and establishing a suitable budget, your business may not ultimately succeed. Avoid losing too much by having an exit plan in place. For instance, stick with a short-term lease in the beginning with the understanding that you can opt for a longer one – or buy a property outright – after confirming how well your eatery will perform.
- Get help – One of the first things that you should do when seeking real estate for a dining establishment in Chinatown is enlisting the right help. Boston City Properties can refer you to a licensed Chinatown commercial real estate agent whenever you are ready.
Why Boston City Properties?
You’re more likely to find a Chinatown property that is conducive to running a successful eatery by connecting with Boston City Properties. Our website is constantly updated with the latest local commercial real estate developments, so checking in often is a good way to make an informed decision. You can sign up now using the easy form for instant, free access to our searchable online Boston commercial real estate listings to check current availability. To find an experienced Chinatown commercial real estate expert, just contact us whenever you are ready.
Call Boston City Properties Today
The perfect restaurant space for your new Chinatown eatery is waiting for you. Ensure that you get it before someone else does by connecting with Boston City Properties. We’re ready whenever you are, so give us a call today.
Chinatown Dining Scene
Would you like to establish a new eatery in this culturally diverse Boston neighborhood? Home to one of the largest populations of East Asians in the Northeast, the area offers an eclectic and delectable array of eateries, markets, cafes and bistros. Finding the right spot to set up a new dining establishment can be difficult, so it’s wise to connect with the experts at Boston City Properties from the get-go. We’ll give you access to our searchable commercial real estate listings, referrals to talented local brokers and agents and much more.
From the Chinese gate on Beach Street – one of the main drags with the most eateries in the area – to South Station, this part of the city is teeming with inviting dining establishments, shops and services. For more than 100 years, it’s been ground zero for Asian cuisine in Boston, and Chinese fare isn’t the only option. The area also includes everything from Taiwanese food to Malaysian fare, and plenty of other cuisines from other parts of the world are represented here.
Since this is a compact neighborhood, there are only a few main roads with eateries. In addition to Beach Street, you’ll find dining establishments along Kneeland Street, Hudson Street and several other major roads. Beloved, long-time eateries compete with innovative new bistros and other establishments, highlighting the demand for diverse dining options.
This part of the city has it all, from holes in the wall to upscale sit-down eateries. Therefore, no matter what you have in mind for the dining establishment you want to develop, there’s bound to be good demand. Our team can help you lay the groundwork for success with your eatery development endeavors.
Are you ready to hit the ground running with your real estate development plans in this eclectic Boston neighborhood? If so, sign up on our website to start searching our continually updated commercial real estate listings right away. When you’re ready, contact us for a referral to a local broker or agent who can assist you further. We look forward to helping you, so give us a call now for more information.