When seeking restaurant space in Boston’s Roxbury neighborhood, it is important to have access to the right help and resources. As with in any part of the city, finding suitable real estate for a dining establishment here can be a tall order, so read on to find out how Boston City Properties can help.

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Restaurant Space

Understanding Roxbury’s Commercial Real Estate Market

Educate yourself about Roxbury and its commercial real estate market to make the most informed decisions possible during your search. With a population of around 56,000 people, and roughly 27 percent of households including children, there are plenty of opportunities for those who wish to be successful restaurateurs. The Bronx of Greater Boston, as the neighborhood is known, has commercial strips along many thoroughfares, including Columbia Road, Tremont Street and Ruggles Street, and learning as much as you can about prospective locations is an integral part of finding the right thing.

Five Tips for Leasing or Buying Commercial Real Estate in Roxbury

• Location is everything – Although Roxbury doesn’t attract tourists as much as other parts of the city, the neighborhood has enclaves where eateries tend to thrive. Seeking a location that is close to a hot spot like the Boston Children’s Museum, Fort Hill or Highland Park can make all of the difference in the world.
• Perform market research – It is important to know the demographics of any area where you are considering establishing an eatery. Roxbury has a median household income of just $31,000, the median home value is around $296,000 and the median rent is around $950 per month, so take those points into consideration.
• Check it out – Before zeroing in on specific potential locations, spend time in the area that you are considering for your new business. You will notice that real estate that is close to transit stops like Roxbury Crossing, which services the MBTA Orange Line, tends to attract more foot traffic.
• Be ready to negotiate – Don’t assume that the terms of any given sale or lease are set in stone. In fact, sellers and landlords expect some negotiating to occur, and you are more likely to come out ahead when you have a skilled commercial real estate agent by your side.
• Find help ASAP – You’re more likely to find a suitable spot for your dining establishment when you have the guidance of a licensed local commercial real estate agent. Get a referral to one who knows this neighborhood and its market well by contacting Boston City Properties.

How Boston City Properties Can Help

Why should you connect with Boston City Properties when searching for restaurant space for sale or lease in Roxbury, Boston? First, we maintain one of the most comprehensive online databases of commercial real estate listings in MA, and we’ll give you free, immediate access when you sign up using the simple form. Our website is constantly updated with the latest local commercial real estate news, so you can stay abreast of developments to make more informed decisions. Last but not least, we have connections with skilled commercial real estate professionals in Roxbury and can refer you to one whenever you are ready.

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You don’t have to personally have insider’s knowledge to successfully find suitable commercial real estate for a dining establishment in Roxbury. By connecting with Boston City Properties, you’ll gain many strategic advantages that will make your search much easier. We’re ready to help, so give us a call today.

Roxbury Dining Scene

If you’re looking for an area in Boston with lots of untapped potential for developing new dining establishments, this neighborhood deserves to be on your list. Although off the beaten path traveled by the throngs of tourists that descend into other parts of the city, the area has a close-knit community and a strong demand for great places to eat. With help from Boston City Properties, you can identify properties for sale in this neighborhood suitable for developing virtually any type of eatery imaginable.

Thanks to this area’s Black heritage, its eateries serve an eclectic array of unique, authentic cuisines. Across the area, you’ll find dining establishments dishing out everything from West African to Cajun fare. This neighborhood is known for its excellent fried chicken dining options, served up by eateries dominated by soul food flair.

As you will see while scouting out the area for good places to open an eatery, most dining establishments are found along major thoroughfares like Blue Hill Avenue, Tremont Street and Dudley Street. The main commercial area in the neighborhood, Nubian Square, is a terrific place to check for space for developing a new eatery. Likewise, Dudley Square boasts a vibrant dining scene and is worth your consideration.

With neighboring areas filling up and pricing out many developers, this neighborhood is soon due for an explosion in growth. Those who get in on the action now stand to do well in the not-too-distant future. As new housing developments are built, and the population grows, demand for more dining options will only increase. Therefore, now is an excellent time to acquire land and develop a new eatery here.

If you want to buy commercial real estate in this neighborhood to develop a new dining establishment, you’re bound to face steep competition. For best results, do yourself a favor and connect with BCP. You can search our online commercial real estate listings right away to see what’s available. We can also refer you to talented local brokers and agents who can assist you further. For more information, please give us a call today.