South End Retail Space - For Rent & Sale
All kinds of new real estate developments have been constructed in Boston's South End over the last few years. They've brought more residents to this vibrant neighborhood, which means demand for goods and services is higher than ever. For assistance in locating South End retail space that suits the needs and budget of your business, you can't go wrong with Boston City Properties. We maintain constantly updated listings for properties around the city, including retail and commercial space right in the South End. Our team of retail space leasing and sales experts is also available to give guidance regarding the retail property buying or leasing process.
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Retail Space
Advantages of Leasing or Buying South End Retail Space
If you've been in the South End lately, you've surely noticed how on fire the real estate and retail markets seem to be. Mixed-use developments are especially popular, and Ink Block is just one example of the phenomenon. Such developments typically have lots of retail space available for lease or purchase, so it pays to explore such opportunities. The easiest way to do so is by teaming up with the experts at Boston City Properties. Between our convenient listings and our talented team, you will have everything you need to make the best decision.
Find First-Rate Retail Space in the South End with Boston City Properties
The main trick to finding suitable retail space anywhere is having access to timely, accurate information regarding available properties. You'll get that and a lot more by signing up for access to Boston City Properties' free listings. Doing so allows you to search our listings to zero in on properties that meet your specific criteria. As an added bonus, you can always get in touch with our team for additional assistance. Our goal is to make it as easy as possible to lease or purchase South End retail space, so get started right now.
Typical Properties
The majority of properties in this area were built in 1920, and feature multiple stories. However, a number of recent redevelopment projects has changed the real estate make-up of this neighborhood considerably. Many industrial buildings have been converted into office and commercial suites, while sites with languishing structures have either been repurposed or removed entirely to make way for brand new construction. Most suites are 2,000 square feet or larger, although occasionally a special, smaller configuration can be found.
The property at 770 Tremont Street, for example, has a 350 square foot commercial suite available in a brick and masonry building with two stories. This property is sited on a corner lot, and has a small canopy above the corner window to provide both shelter and a space for business signage. Located near the western edge of the neighborhood, the property offers excellent access to local universities and residential areas. It is located on a street with high pedestrian and vehicular traffic.
The building at 1000 Washington Street features eleven stories of top-tier commercial suites, including a ground floor with separate entrances. Located on a corner lot, this building features spaces that begin at 5,910 square feet and expand to a total contiguous block of 15,170 square feet. This structure would make an ideal place to launch a high-end speciality organization such as an art gallery or other business with rare inventory. Built in 1982, the structure has a negotiable lease.
The property at 56 Berkeley Street is integrated into its neighborhood, which is made up of multi-story structures that feature commercial suites on the ground floor and residences or office spaces in the upper floors. Built in 1899, this property has five stories and 8,000 total square feet of leasable area. In 2012, the property was converted into a 12-key boutique hotel, and now is available for purchase. The ground floor features ample display windows that are perfect for a storefront, while the rear courtyard has been transformed into a small onsite parking lot. The building features a fitness center and gorgeously outfitted bathrooms and guest rooms, and is for sale.
The five story property at 630 Washington Street is on the border of downtown Boston, and features 57,968 square feet of total leasable area. Built in 1899, the building features a spacious ground floor unit perfect for commercial purposes, and 37 residential units in the floors above. The commercial ground floor can be divided into multiple smaller units depending on the specific needs of the tenant(s). The apartment units feature exposed brick and wooden ceiling beams, all of which have been painted to match the elegant gray lacquered hardwood floors. The building is located very close to a number of transit stops as well as Interstate 93, and offers a rare opportunity for investors to enter a highly desirable market.
At the very edge of this neighborhood are three properties which are currently for sale at 91 Hudson Street, 89 Hudson Street, and 93 Hudson Street. The first property was built in 1890, and the other two were originally constructed in 1910, and feature 2,560 square feet, and 3,200 square feet each of leasable area respectively. The three parcels have been combined into a 4,200 square foot lot for redevelopment purposes.
Average Renting and Buying Prices
Depending on the specific region of this neighborhood and its relative proximity to the Back Bay and downtown Boston, rents can increase rapidly. However, the average rents for commercial suites in this area are $2.50 a square foot per month. Those who wish to purchase commercial property will find the average price to be about $450 a square foot, with a range between $300 and $600 a square foot.
The property at 200 Lincoln Street was built in 1920. With five floors, including an ample ground floor with enormous display windows that look out onto a heavily trafficked sidewalk, this building features exposed brick walls, drop tile ceilings, and elegant carpeted floors. A 1,433 square foot space in this building had a sale list price of $799,000, or $558.20 per square foot.
The property at 1721 Washington Street is located in the heart of downtown and features four floors of beautifully refurbished brick and concrete masonry construction. Built in 1903, the ground floor has floor to ceiling windows in beautiful blue wooden frames that look out onto a wide, busy sidewalk. A series of trees line the perimeter of the sidewalk and provide a beautiful source of shade. The front entrance of the building is inset from the sidewalk and features glass and steel doors, with a balcony directly above. This top tier building is sited on a corner, and is close to other restaurants and businesses. The price for the ground floor 5,658 square foot commercial suite is $1,950,000, or $344.54 per square foot.
Meanwhile, the property at 540 Tremont Street is located closer to downtown Boston, and features 6,815 total square feet of leasable area. This elegant brick building features gold-lettered signage and bay windows that artfully curve over a bustling sidewalk. The interiors are remodeled, and feature plaster walls and carpeted floors with frosted glass panes in the doors. A small balcony is located on the side of the building, providing a semi-private area to take in the urban sights. Located 0.3 miles from the Union Park Street Inbound Transit Stop, the rent for this property is $3.33 per square foot per month.
The property at 236 Huntington Avenue is located near the center of downtown in a five story building that features aquamarine canopies over its ground floor commercial suite. The stately stone exterior features windows with artful mullions that recall the Beaux Arts period of architecture. Built in 1910, the building has a total of 36,036 square feet and features high ceilings and carpeted floors. Located 0.1 miles from the nearest subway station, the building is very accessible and offers signage to its business customers. The rent for this structure is $2.50 a square foot per month.
The property at 61-63 Berkeley Street is located quite close to the Back Bay, and as a result has a much higher than average rent for the area. Located in a building built in 1899, the 1,080 total square feet of leasable area is located on the ground floor, with an additional 553 square feet of basement storage available below. The open floor plan is perfect for a variety of different commercial configurations. The front entrance is set back from the street, and a triptych of display windows looks out on the street. The estimated rent for this facility is $4.21 a square foot per month.
Similarly, the property at 321 Columbus Avenue is located very near the Back Bay, and therefore has a higher rent than average. Built in 1906, the stately six story structure features a brick and masonry construction with beautiful bay windows on floors two through four, and a stepped-back penthouse-like construction on floors five and six. The ground floor suites feature ample display windows on either side of the canopy-covered main entryway, which faces a sidewalk and busy street. With 23,045 square feet of total leasable space, the property features hardwood floors on the interior as well as twelve foot ceilings. The rent for this property is $3.75 per square foot per month.
Real Estate News
Because of the number of industrial areas it contains, this neighborhood has much to offer in terms of dynamic development and redevelopment. Unlike portions of the city that have been densely inhabited for centuries, this part of town has always been used for larger industrial operations that have left relatively large tracts ready for enormous new projects. Accordingly, there are several major new proposed developments in this area, including the redevelopment of the Boston Flower Exchange, the New Boston Generating Station, and the parcel known as Widett Circle. The Exchange South End, as it is known, would transform the 5.6 acre site of what used to be the Boston Flower Exchange into 1.6 million square feet of mixed use suites. Commercial suites, life science research facilities, and technology areas would constitute 1,481,350 square feet, while 42,500 square feet would be dedicated to ground floor commercial units. The four new buildings of the project would be centered around a 30,000 square foot publicly accessible park. Each building would have subterranean parking, with a total of 1,159 parking spaces. The project is also notable for its estimated height; the third building, known as “Building C” has a projected height of 282 feet, making it one of the tallest buildings in the region.
The 15.2 acre parcel that was once home to the South Boston Edison Power Plant has been proposed as the site of a 2.1 million square foot development that would provide residential, commercial, and business innovation suites. The square footage would be spread across seven new buildings. In keeping with the region’s tendency to build increasingly higher buildings, the new structures would each be 200 hundred feet in height. The project would add 68,000 square feet of prime commercial suites to the area, many of them located on the ground floor. This project would also create 987 new parking spaces, most of them underground, as well as 1,588 new apartments, a 150-key hotel, and 339,000 square feet of offices. The project is a slow germinating one; the final completion date is expected to be 2030.
The Widett Circle parcel is 20 acres in size and was placed on the market in November 2017 by a group of warehouse owners ready to transform the site into a commercial venture. It is located next to several city-owned parcels that, if combined, could create 50 acres of potential development. The area has excellent access in terms of transportation; bounded by Interstate 93 on one side and near several rail lines, the region is already in a highly reachable locale. Plans for the development could see any number of configurations in terms of spatial arrangements, although the specific zoning and infrastructure needs will require some study. A savvy investor would definitely be advised to monitor the status of this property, as it portends tremendous opportunities for innovative projects.
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From the large tracts of formerly industrial land near the western end of this neighborhood to the competitive properties near the eastern end, our viewing service will allow you to see the property you want as soon as you want to see it. Instead of spending hours trying to hunt down an ideal unit only to discover the listing is outdated, our service provides up to the minute listings with a staff of trained associates who know the region, the brokers, and the fastest way to get there.
By signing up for our service, our clients don’t just get the freshest listings with first dibs on viewing appointments; they also get customized service. We take the time to understand what amenities, lease types, and configurations our clients are seeking. By having this information, we are able to match it with our extensive database of properties and select the best possible fits. We can provide a list of likely matches and schedule viewing appointments to fit our clients’ schedules. We understand how difficult it can be to hunt for the ideal unit, especially when there are so many other interested parties competing for the same spaces. This is why we have developed extensive relationships with property owners and brokers. By thoroughly understanding the market, we can help our clients find the best possible fit for their needs in a very timely fashion.
This neighborhood is a particularly hot market for several reasons. The interest in redevelopment projects has transformed previously sleepy parcels of land into eagerly anticipated properties. Additionally, the abundance of renovated and refurbished historical buildings means that single commercial suites are often available. With our knowledge of the area, we can quickly identify the properties that will likely suit our clients’ needs the best, and help weed out older listings or properties that simply aren’t relevant to a particular search. Our viewing service isn’t just about scheduling appointments; it's about exceeding expectations. We invite all investors, entrepreneurs, visionaries, and organized parties to sign up with our service today.
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Retail Space