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Quick Service Restaurant Space
For Sale
$99,000

227 Hanover Street, Boston, MA 02113

Fully built-out quick service restaurant with a lower-level kitchen and Type I hood, offering ground and basement dining space.

Property Size1,000 SF
Price / SF$99
Days on Market45

Property Features for 227 Hanover Street

General Information

Standard status Active
Size 1,000 SF
Property subtype Business Opportunity
Zoning COM

Additional Details

Business Included Yes
Commercial Hood Yes

Building Details

Year Built 2025
Listing Agency: Michael DiGuiseppe
Listed By: Chris Diguiseppe
Source: Dohertyproperties
Added: Jul 9 Changed: Aug 8 Last Checked: Aug 22 at 3:28AM

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 Michael DiGuiseppe

Investment Insights

Based on property information with market context.

Fully built-out quick service restaurant space for sale, designed with an interior lower-level kitchen and a Type I hood. The layout includes approximately 500 sf on the ground floor and approximately 500 sf in the basement, supporting a complete back-of-house food preparation area within the premises.

The property is located at 227 Hanover Street in a high foot-traffic area. Lease terms are subject to landlord approval, and the current lease has approximately +-5 years remaining.

Rent is +-$7,550 per month gross, and the space is offered as a turn-key restaurant opportunity with the kitchen configuration already in place.

Key Highlights

  • Fully built‑out quick service restaurant built in 2025 with a lower‑level kitchen
  • Type I hood in the kitchen (lower level)
  • Layout includes 500 SF ground floor and 500 SF basement space

Property Analytics

Current Use

Suasday Take-out & Catering Vincent Hamel Insurance Insurance Agency

Suggested Use

Top Pick HVAC Service Pet Grooming Service Clothing & Fashion Store Buffet Butcher Adult Day Care

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

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

17,432
Businesses Nearby
86k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 52% Dining 19% Beauty & Spa 16% Shops & Services 13%
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 0.3 miles
Sephora Beauty & Spa
13,861 visits/mo 0.2 miles
Chart House Dining
7,933 visits/mo 0.3 miles
Santander Bank Shops & Services
7,110 visits/mo 0.4 miles

Demographics for 02113, MA

7,126
Population
4,664
Households
1.5
Avg Household Size
29
Median Age
80%
College-Educated
98%
High-School Grad
0.1 sq mi
ZIP Area
71,260
Density / Sq Mi
$110,321
Median Household Income
$72,264
Median Earnings
$2,498
Median Rent
$693,900
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully built-out quick service restaurant with a lower-level kitchen and Type I hood, offering ground and basement dining space.
Where is this conventional restaurant located?
The property is located at 227 Hanover Street Boston, MA.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Fully built‑out quick service restaurant built in 2025 with a lower‑level kitchen; Type I hood in the kitchen (lower level); Layout includes 500 SF ground floor and 500 SF basement space
More about this property
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