As areas along Boston’s Waterfront, including the Seaport, become more popular, finding restaurant space for sale or lease in South Boston is becoming more challenging than ever. To find suitable real estate for your new eatery more quickly and easily, it pays to connect with Boston City Properties. Read on to learn more.
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About South Boston’s Commercial Real Estate Market
One of the most crucial aspects of scouting out a great location for a dining establishment anywhere in Boston is understanding the local commercial real estate market. With a population of around 42,000 and roughly 17 percent of households including children, Southie, as it’s lovingly known, offers plenty of opportunities for restauranteurs of all stripes. With major business areas like Marine Industrial Park and the Boston Convention and Exhibition Center within its borders, this neighborhood has demographics that are apt to support dining establishments of many kinds.
Top Tips for Acquiring Commercial Real Estate in Southie
- Prioritize properties with proximity to mass transit – Foot traffic is an integral part of running a successful eatery in a busy neighborhood like this one. Seek out spots that are close to major transit stops for even better results. MBTA stations for the Red Line, including Andrew and Broadway, are located in this neighborhood.
- Be ready to negotiate – Don’t throw in the towel if a seemingly great location doesn’t have the precise lease or purchase terms that you need. With the help of a knowledgeable local commercial real estate agent, you are more likely to be able to negotiate your way to a great deal.
- See for yourself – Spend some time near any location that you are considering to get a feel for how foot traffic and street traffic may affect its prospects. Check out prime commercial areas like Northern Avenue, M Street Park and Dorchester Heights to increase your odds of finding something that suits your needs and budget.
- Be flexible – Keep an open mind when considering commercial real estate for a new dining establishment in this neighborhood. Know that you will likely have to invest money into making the property suitable for your needs, and be willing to compromise as needed.
- Find help – Most importantly of all, ensure the best odds of success by having the right assistance at your side. Boston City Properties has connections with experienced commercial real estate experts in Southie, and we can refer you to one whenever you are ready to proceed. With their help and insider’s knowledge, your search is sure to go off without a hitch.
Why Boston City Properties?
Find South Boston restaurant space that suits your needs and budget perfectly as quickly and easily as possible by connecting with Boston City Properties. Sign up today for free, immediate access to our vast online database of searchable Boston commercial real estate listings for up-to-the-second availability. Get a referral to a Southie commercial real estate expert whose insider knowledge is certain to make a positive difference in your endeavor. Finally, stay on top of the latest news and be better capable of making an informed decision by checking our site often for the latest developments in the world of Boston commercial real estate.
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If you are ready to take the first step in leasing or buying the commercial property that you need for your South Boston dining establishment, Boston City Properties is ready to help. Give us a call today for more information.
South Boston Dining Scene
Once a predominantly blue-collar area, this waterfront Boston neighborhood has undergone significant changes over the last decade or so. Thanks to this ongoing shift, the dining scene in the area has been evolving rapidly, and new eateries spanning fine-dining establishments to fast-casual spots have been opening their doors in droves.
If you want to capitalize on the ongoing boom of this eclectic Boston neighborhood by opening an eatery, you’re in great company. You’re sure to face a lot of competition for vacant lots that are suitable for commercial development, so it pays to have the right connections. Boston City Properties can help you lay the groundwork for opening a new dining establishment in Southie.
Home to one of the oldest dining establishments in the area, a 130-year-old tavern, this neighborhood offers some of the best waterfront dining in the city. Many eateries are clustered along major thoroughfares like Dorchester Avenue and Broadway, making it easy for people to explore various options on foot. This means a lot of foot traffic for business owners, which keeps revenues pouring in.
While Irish pubs and seafood shacks still reign supreme across the neighborhood, many upscale eateries enjoy incredible success there too, including some that are spearheaded by Top Chef celebrity restauranteurs. No matter what you’re envisioning for your new eatery, there’s sure to be a welcoming audience in the area.
From diners to wine bars, there’s something for everyone within the borders of this historic Boston neighborhood. Therefore, whether you want to open a high-end sit-down eatery or a fast-casual place with affordable fare, you can’t go wrong by acquiring suitable space in this area. BCP has brokers in the neighborhood who specialize in retail and dining development. We’ll refer you to one when you’re ready.
With proximity to the Seaport District, the fastest-growing part of the city, this neighborhood has a lot to offer to ambitious restauranteurs, investors and developers. Sign up with Boston City Properties to kick-start your search for the perfect space for your eatery development plans. For more information, please give us a call today.