If you are in the market to buy or lease restaurant space at or near Boston’s Faneuil Hall, you’re not alone. The local commercial real estate market in this area is extremely competitive, even by Boston standards, so it’s crucial to enlist the right help. Read on to find out how Boston City Properties can assist you.
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About Faneuil Hall Commercial Real Estate
Located as it is in the heart of the city, Faneuil Hall is ground zero for anyone who wants to establish a thriving eatery in Boston. Several Freedom Trail stops are located within close proximity, making this an especially popular area for tourists. Consisting of the South Market, Quincy Market, the Food Colonnade and the North Market and located close to the water, this area supports hundreds of thriving dining establishments – and yours could be next.
Top Tips for Acquiring Commercial Real Estate in Boston
- Location is everything – When it comes to finding a suitable location for an eatery near Faneuil Hall, it’s hard to go wrong. However, prioritizing locations that are close to transit stops is wise – and plenty of them are located in this area, including the Haymarket, Aquarium and North Station MBTA stations.
- Understand what’s included – While investigating potential locations for an eatery in this area, make sure to determine exactly what’s included with the lease. For instance, does the landlord cover things like water and sewage, or are tenants responsible? Knowing these details will make it easier to identify a spot that truly suits your budget.
- Check it out for yourself – One of the best ways to figure out how well an eatery will fare at any given location is by spending some time there yourself just watching and observing. Beyond the Food Colonnade and other sections of the Hall itself, scout out areas along Chatham Street, Clinton Street, Atlantic Avenue and other nearby thoroughfares to determine where the best foot traffic can be found for your particular endeavor.
- Keep an open mind – It’s normal to have a vision of sorts for what your ideal property will be like, but try to keep an open mind throughout the process. A location that at first seems underwhelming could turn out to be just what you need.
- Acquire the right help – Most importantly, gain access to useful resources – and hire a competent, licensed commercial real estate broker or agent – as early in the process as you can. Boston City Properties is your one-stop shop for everything that you need to make informed decisions from beginning to end.
Why Boston City Properties?
You have plenty of options when it comes to getting help with finding suitable commercial real estate in or near Faneuil Hall, but you can’t do better than Boston City Properties. In addition to referring you to a skilled local commercial real estate expert who knows this area like the back of their hand, we’ll give you free, instant access to our searchable Boston commercial real estate listings when you sign up using the simple form. Our team is here to provide customized advice that will allow you to make the most informed choices possible, and our website is constantly updated with the latest Boston commercial real estate news.
Contact Us Today
Get your search for Faneuil Hall restaurant space for sale and lease off to a great start by connecting with Boston City Properties. We are here to help when you need us, so contact us today.
If you’d like to acquire space to develop an eatery in or near Faneuil Hall, do yourself a favor and connect with the experts at Boston City Properties. As one of the hottest tourist areas in the city, Faneuil Hall affords many exciting opportunities for ambitious restauranteurs and developers. There are plenty of options to explore with four buildings within the Faneuil Hall Marketplace – Faneuil Hall, Quincy Market, North Market and South Market.
Faneuil Hall is better known for its touristy eateries than for high-end, award-winning establishments. People flock there to browse its dozens of shops and stands, and they descend upon its many sit-down eateries and food stands to enjoy a wide array of cuisines. With more than 18 million visitors per year, the marketplace attracts tons of foot traffic, and dining establishments here tend to do exceptionally well.
Many sit-down eateries are found within the area and immediately around it. They include many national chains and themed eateries. For example, many eateries boast New England flair, offering communal dining experiences, big bowls of clam chowder and Fenway franks.
Quincy Market offers an array of food stands spanning many cuisines and styles for on-the-go dining. Whether you want to open a full-fledged sit-down eatery or a fast-casual food stand, you are sure to find something perfect.
The area features many mainstays that have been serving up iconic dishes for decades. It’s also sprinkled with plenty of newer options offering more trend-setting fare and surroundings. Outdoor dining, hugely popular across Boston, abounds in this neighborhood too. When the weather is nice, eateries in the area open their patios and set up tables and chairs along streets bursting with ongoing foot traffic.
As much of a draw as the neighborhood is, you can’t go wrong by opening a dining establishment there. Of course, competition is fierce for the best properties, which typically fly off the market as soon as they become available. Increase your odds of success in your local eatery development ventures by contacting the experts at Boston City Properties today.