Are you looking to purchase or lease restaurant space in Boston’s Financial District? If so, given the competitive nature of the local commercial real estate market, you’re going to need all of the help that you can get. Read on to find out more about the many ways in which Boston City Properties can provide it.

Click Here to Search

Restaurant Space

Commercial Real Estate in Boston’s Financial District

Located smack-dab in the middle of downtown Boston adjacent to Government Center, Chinatown and other densely populated areas, the Financial District is ground zero for high-end real estate in the city. The median sale price of residential real estate here is around $1.60 million, and the median rent for a two-bedroom apartment or condo is around $5,400, so local residents have plenty of discretionary income for dining out. From Dewey Square to the area directly around One Financial Center, the opportunities for ambitious restaurateurs are endless.

Five Tips for Acquiring Commercial Real Estate in the Financial District

• Consider local demographics – Who does your ideal customer look like? More importantly, is the location that you’re considering amenable to your target demographic? With a median household income of around $117,000, the Financial District is a terrific place for establishing high-end eateries.
• Brush up on the history of the location – When considering a location for a dining establishment in this neighborhood, study up regarding its history. How have similar businesses fared there? If other eateries have routinely failed, you would be wise to consider other options.
• Be flexible – It’s fine and important to have requirements regarding the property that you need. However, make sure to remain flexible too. A seemingly unworkable spot might just need a little revamping to make it suitable for your needs. Try not to rule out options before giving them a little consideration – you never know what might work.
• Have a clear budget – Long before looking for property for your business venture in earnest, crunch some numbers to establish a solid budget. Knowing what you can afford in terms of rent or mortgage payment is a crucial aspect to maintaining a healthy bottom line. A good rule of thumb is to stick with places where your monthly rent will be covered in a single business day.
• Make the right connections – The best way to simplify your search for commercial real estate in this in-demand area of Boston is by having the right assistance. A qualified and licensed commercial real estate agent can make a huge difference in this regard, and Boston City Properties can connect you with one in this neighborhood whenever you’re ready.

How Boston City Properties Can Help

There are lots of reasons to connect with Boston City Properties when seeking restaurant space in the Financial District. You can get a feel for what’s out there right away by signing up for free, immediate access to our vast online database of Boston commercial real estate listings. Peruse our site for up-to-the-second information regarding local real estate news and developments, and get a referral to a local commercial real estate professional who can guide you through the process. Before you know it, you’ll have the location that you need to give your business the best odds of success.

Contact Us Today

Buying or leasing property for a dining establishment in Boston’s Financial District is a complex endeavor, but having the right help can make the process a whole lot easier. For more information, contact Boston City properties today.

Financial District Dining Scene

Situated in the heart of downtown Boston, this neighborhood is a terrific place to look if you want to develop a new dining establishment in the city. With its ideal location and well-established dining scene, the area is bursting with opportunities for investors, developers and restauranteurs alike. Connect with Boston City Properties for help finding land for sale that’s suitable for the development of a new eatery and for access to tons of additional resources.

Thanks to its proximity to Downtown Crossing and its many shops and eateries, this neighborhood is an ideal place to open a new dining establishment. Of course, acquiring space with the right zoning and other characteristics can be tricky, which is why it pays to work with BCP.

The dining scene in this area features many high-end eateries headed by well-known chefs. Many dining establishments are located on the ground floor of major hotels, condo buildings and apartment buildings. With the ongoing boom in mixed-use developments, it’s easier than ever to find prime retail space in the heart of the city.

Working professionals provide an eager customer base for eateries across this neighborhood. Recently, a sprawling food hall opened on High Street, offering dining options from dozens of vendors. Many popular establishments are found near Post Office Square and the Rose Kennedy Greenway. In some areas, you’ll even find regular food truck service.

Wine bars, taquerias, pizzerias, fast-casual spots and tons of other dining establishments compete throughout the neighborhood. The highest concentrations of options are found along major roads like Congress Street, Franklin Street and Federal Street. Regardless of where you’re thinking about developing a new eatery in this neighborhood, Boston City Properties can arm you with the resources and assistance you need to get through the process quickly and effectively.

From High Street to Boston Common, this part of Boston is bursting with opportunities for savvy investors, developers and restauranteurs. Sign up with BCP now to search our commercial real estate listings and check the current availability of suitable eatery spaces in this area. For more information, contact our team today.