Street-Level Retail
New
For Lease
$85 SF/Yr
116 State St Retail, Boston, MA 02109
Existing venting creates potential for food-oriented use, subject to substantial system work before operations begin.
Space SizeContact for details
Days on Market2
Property Features for 116 State St Retail
General Information
Standard status
Active
Listing Agency:
Red Tree Real Estate
Listed By:
Adam Kotkin · License #RE-B-9510337
(617) 487-8015
Source:
Alpernandmesenbourg
Added: Sep 12
Last Checked: Sep 12 at 2:53PM
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, street-level retail storefront is positioned within Boston’s Financial District at 116 State St. Existing venting infrastructure is present, although substantial work is required to bring building systems to operational condition. The space may accommodate food use, subject to applicable approvals and completion of the necessary work.
The property is less than 200 feet from Quincy Market and sits near high-volume pedestrian routes serving office workers and tourists. MBTA Blue and Orange Line access is immediately available, and the location has a Walk Score of 99. Its downtown setting and existing venting create a practical starting point for retail, specialty service, or food-related occupancy.
The property is less than 200 feet from Quincy Market and sits near high-volume pedestrian routes serving office workers and tourists. MBTA Blue and Orange Line access is immediately available, and the location has a Walk Score of 99. Its downtown setting and existing venting create a practical starting point for retail, specialty service, or food-related occupancy.
Key Highlights
- 900 square feet of street‑level retail space
- Less than 200 feet from Quincy Market
- Immediate access to MBTA Blue and Orange Lines
Property Analytics
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Current Use
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
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
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Market
Lease Benchmarks for Boston, MA
$84.11 /SF/Yr
Avg Asking Price
$12–$150 /SF/Yr
Price Range
3,192 SF
Avg Space Size
This space is priced 1% above the average of $84.11 /SF/Yr.
Vacancy Rate% for Retail in Boston, MA
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Frequently Asked Questions
What type of property is this?
Storefront property - Existing venting creates potential for food-oriented use, subject to substantial system work before operations begin.
Where is this storefront property located?
The property is located at 116 State St 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 square feet of street‑level retail space; Less than 200 feet from Quincy Market; Immediate access to MBTA Blue and Orange Lines
