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Tremont Street Restaurant Row Space
For Lease
$9,000/Mo

540 Tremont St #1st Floor, Boston, MA 02116

Rare two-floor space in Boston's South End.

Space SizeContact for details
Days on Market918

Property Features for 540 Tremont St #1st Floor

General Information

Standard status Active

Building Details

Year Built 2000
Listing Agency: Jacob Realty, LLC
Listed By: Jacob Realty Group
Source: Corcoran
Added: Feb 29, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 Jacob Realty, LLC

Investment Insights

Based on property information with market context.

This rarely offered two-floor space is located on Restaurant Row on Tremont Street, directly across from the BeeHive, Cyclorama, the Atelier building, and the Huntington at the Calderwood Pavilion. Situated on the main thoroughfare connecting the eight streets of the South End neighborhood, this location is in the South End's main business corridor, which features gourmet restaurants, cocktail lounges, wine bars, theaters, stage companies, art galleries, ballet studios, and spas. The space includes additional storage on the ground level and is currently in vanilla box condition. It features front and rear egresses and alleyway access from Hanson Street. The location boasts a 99 Walk Score, 100 Transit Score, and 78 Bike Score. It is within short walking distance to Back Bay Station, Orange Line MBTA access, Silver Line access, and public bus lines. The property is also close to the highway infrastructure of Mass Pike 90 and 93. This space is suitable for operating a business in this neighborhood.

Key Highlights

  • Prime location on Tremont Street's 'Restaurant Row' in the South End's main business corridor.
  • High Walk Score (99) and Transit Score (100), indicating excellent walkability and public transportation access.
  • Dual‑level space with additional ground‑level storage.

Property Analytics

Current Use

New Boston Ventures Construction Company MWA Health & Fitness Gym & Fitness Center Hingham Institution for Savings Bank James Morrison Dental Office Personal Trainer Boston Gym & Fitness Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Auto Parts Store Plumbing Service Nursing Home Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

13,302
Businesses Nearby
114k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 38% Apparel 21% Shops & Services 14% Hotels & Casinos 14%
Whole Foods Market Groceries
43,710 visits/mo 0.4 miles
Neiman Marcus Apparel
24,205 visits/mo 0.4 miles
DoubleTree by Hilton Hotel Boston - Downtown Hotels & Casinos
15,586 visits/mo 0.5 miles
Mobil Shops & Services
9,976 visits/mo 0.4 miles
Bank of America Shops & Services
5,347 visits/mo 0.1 miles

Demographics for 02116, MA

23,408
Population
14,110
Households
1.7
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
39,013
Density / Sq Mi
$127,309
Median Household Income
$85,296
Median Earnings
$2,341
Median Rent
$1,583,500
Median Home Value

Market

Lease Benchmarks for Boston, MA

$77.78 /SF/Yr
Avg Asking Price
$25–$120 /SF/Yr
Price Range
7,876 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Restaurant - Rare two-floor space in Boston's South End.
Where is this restaurant located?
The property is located at 540 Tremont St #1st Floor Boston, MA.
What is the lease rate?
The lease rate is $9,000/Mo.
What are key features of this property?
This property features: Prime location on Tremont Street's 'Restaurant Row' in the South End's main business corridor.; High Walk Score (99) and Transit Score (100), indicating excellent walkability and public transportation access.; Dual‑level space with additional ground‑level storage.
More about this property
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