Search
Office Unit Near Quincy Market
New
For Lease
$20 SF/Yr

116 State St 3, Boston, MA 02109

Renovated workspace offers a lease option of 1+ year in Boston’s Financial District.

Space SizeContact for details
Property Size2,000 SF
Days on Market4

Property Features for 116 State St 3

General Information

Standard status Active
Size 2,000 SF
Property subtype Commercial

Additional Details

Space Use Office
Public Transit Yes

Taxes and HOA fees

Annual Taxes $9,999

Building Details

Building Size 2,000 SF
Listing Agency: Red Tree Real Estate
Listed By: Adam Kotkin · License #RE-B-9510337
Source: Elliman
Added: Oct 7 Last Checked: Oct 9 at 11:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Red Tree Real Estate

Investment Insights

Based on property information with market context.

Renovated office space at 116 State St is offered with a lease option of 1+ year. The building includes other retail space, with a European bakery planned for one of those areas; Al’s Subs is also located in the building.

Quincy Market is less than 200 feet away. The property has access to the MBTA Blue and Orange Lines, a Transit Score of 100, and a Bike Score of 85.

Key Highlights

  • Renovated office space
  • Lease option of 1+ year
  • Less than 200 feet from Quincy Market

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Pet Grooming Service Clothing & Fashion Store Butcher Buffet Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

24,086
Businesses Nearby

Demographics for 02109, MA

3,921
Population
2,719
Households
1.4
Avg Household Size
36
Median Age
88%
College-Educated
97%
High-School Grad
0.2 sq mi
ZIP Area
19,605
Density / Sq Mi
$177,500
Median Household Income
$100,889
Median Earnings
$3,501
Median Rent
$1,007,200
Median Home Value

Market

Lease Benchmarks for Boston, MA

$38.97 /SF/Yr
Avg Asking Price
$8–$96.43 /SF/Yr
Price Range
10,233 SF
Avg Space Size

This space is priced 49% below the average of $38.97 /SF/Yr.

Vacancy Rate% for Office in Boston, MA

9.1% 2019
12.4% 2020
10.8% 2021
12.5% 2022
15.1% 2023
17% 2024
18.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Renovated workspace offers a lease option of 1+ year in Boston’s Financial District.
Where is this office units located?
The property is located at 116 State St 3 Boston, MA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Renovated office space; Lease option of 1+ year; Less than 200 feet from Quincy Market
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again