Prime Retail Space in
For Lease
$90 SF/Yr
116 State St Retail, Boston, MA 02109
Street-level retail in Boston's Financial District near Quincy Market.
Space SizeContact for details
Property Size900 SF
Days on Market131
Property Features for 116 State St Retail
General Information
Standard status
Active
Size
900 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$9,999
Building Details
Building Size
900 SF
Year Built
9999
Listing Agency:
Red Tree Real Estate
(617) 694-7356
Listed By:
Adam Kotkin · License #9510337
(617) 694-7356
Source:
Elliman
Added: Apr 14
Changed: Aug 8
Last Checked: Aug 13 at 5:16AM
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.
This street-level retail space is located in the heart of Boston’s Financial District, less than 200 feet from Quincy Market. The property benefits from high-volume pedestrian traffic due to its location on a busy thoroughfare. Immediate access to MBTA Blue and Orange Lines is available. The location has a Walk Score of 99, a bikeScore of 88, and a transitScore of 100. The property is ideal for boutique retail, specialty services, or restaurant/café concepts seeking a downtown presence. Existing venting infrastructure is in place, offering potential for food use; however, significant work will be required to bring systems to operational condition. The property is next to Al's subs, one of the busiest lunch locations in the financial district.
Key Highlights
- Prime Financial District location, less than 200 feet from Quincy Market
- Exceptional foot traffic from office workers and tourists
- Immediate access to MBTA Blue and Orange Lines (Transit Score: 100)
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$13.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
24,086
Businesses Nearby
108k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Hotels & Casinos 38%
Beauty & Spa 13%
Groceries 5%
McDonald's
Dining
31,271 visits/mo
0.5 miles
Boston Marriott Long Wharf
Hotels & Casinos
25,424 visits/mo
0.3 miles
Marriott Vacation Club Pulse at Custom House, Boston
Hotels & Casinos
15,363 visits/mo
0.1 miles
Sephora
Beauty & Spa
13,861 visits/mo
0.2 miles
Chart House
Dining
7,933 visits/mo
0.3 miles
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
$70.65 /SF/Yr
Avg Asking Price
$13.64–$200 /SF/Yr
Price Range
4,581 SF
Avg Space Size
This space is priced 27% above the average of $70.65 /SF/Yr.
Vacancy Rate% for Retail in Boston, MA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Street-level retail in Boston's Financial District near Quincy Market.
Where is this retail space located?
The property is located at 116 State St Retail Boston, MA.
What is the lease rate?
The lease rate is $90 SF/Yr.
What are key features of this property?
This property features: Prime Financial District location, less than 200 feet from Quincy Market; Exceptional foot traffic from office workers and tourists; Immediate access to MBTA Blue and Orange Lines (Transit Score: 100)
