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Street-Level Retail Storefront
For Lease
$85 SF/Yr

116 State Street Unit Retail, Boston, MA 02109

Existing venting supports consideration of food use, subject to substantial system work before operations.

Space SizeContact for details
Days on Market25

Property Features for 116 State Street Unit Retail

General Information

Standard status Active
Lease Term []

Building Details

Year Built 9999
Listing Agency: Red Tree Real Estate
Listed By: Adam Kotkin
Source: Yourhomeforsale
Added: Aug 11 Changed: Sep 4 Last Checked: Sep 4 at 3:19PM

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 900-square-foot retail storefront occupies a street-level position in Boston’s Financial District at 116 State Street, Unit Retail. The space includes existing venting infrastructure that may support food-related use, although significant work is needed before the systems can operate. The property is suited to retail or service-oriented occupancy, with restaurant and café use identified as a possibility subject to required improvements.

The storefront is located less than 200 feet from Quincy Market and is surrounded by heavily traveled pedestrian routes. Its setting draws both office workers and tourists, while access to the MBTA Blue and Orange Lines supports transit connectivity. A Walk Score of 99 further reflects the highly walkable downtown location.

Key Highlights

  • 900 SF street‑level retail storefront
  • Less than 200 feet from Quincy Market
  • Boston Financial District location at 116 State Street

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Pet Grooming Service Clothing & Fashion Store Butcher Buffet Nursing Home

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
$12.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

24,086
Businesses Nearby
108k
Monthly Visits Nearby
Under-served
Demand for This Use

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

$78.57 /SF/Yr
Avg Asking Price
$12–$150 /SF/Yr
Price Range
3,345 SF
Avg Space Size

This space is priced 8% above the average of $78.57 /SF/Yr.

Vacancy Rate% for Retail in Boston, MA

3.9% 2019
4.6% 2020
4.2% 2021
4% 2022
3.5% 2023
3.2% 2024
3.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Existing venting supports consideration of food use, subject to substantial system work before operations.
Where is this storefront property located?
The property is located at 116 State Street Unit Retail Boston, MA.
What is the lease rate?
The lease rate is $85 SF/Yr.
What are key features of this property?
This property features: 900 SF street‑level retail storefront; Less than 200 feet from Quincy Market; Boston Financial District location at 116 State Street
More about this property
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