Building Details

Year Built 1910

Listing Agency: City Realty Group

Listed By: Sean Rose · License #9567526 Show Phone

Source: Bostonluxurysuburbs

Added: May 6 Changed: Aug 26 Last Checked: Sep 4 at 9:23AM

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Investment Insights

Based on property information with market context.

This turnkey second-generation restaurant space offers approximately 1,400 SF of functional, ready-to-operate buildout. The premises include a fully built-out kitchen with venting, an employee restroom, and additional storage space at the rear, including below-grade storage. The layout is designed to support efficient, high-volume service with minimal additional upfront work.

Located in the heart of Boston’s Theater District, the space is positioned to benefit from consistent pedestrian activity. The property is described as being near Chinatown, Boston Common, and multiple MBTA stations, providing convenient commuter and visitor access. Nearby institutional anchors listed in the remarks include Tufts Medical and Emerson College, contributing to a built-in mix of students, professionals, and theatergoers.

Key Highlights

• 1,400 SF second‑generation restaurant space in Boston’s Theater District
• Fully built‑out kitchen with venting for quick‑service food operations
• Employee restroom included

Property Analytics

Current Use

Lilah's Tarot Card ... Spiritual Center Vivi Bubble Tea ... Bakery Subway Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Butcher Clothing & Fashion Store Pet Grooming Service 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

Turnkey business

Opportunity

Yes

Commercial hood

NNN (Triple Net)

Lease Type

$12.75 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

21,165

Businesses Nearby

139k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 31% Hotels & Casinos 30% Dining 24% Home Improvements & Furnishings 11%

Whole Foods Market Groceries

43,710 visits/mo 0.4 miles

McDonald's Dining

31,271 visits/mo 0.3 miles

Moxy Boston Downtown Hotels & Casinos

26,386 visits/mo

DoubleTree by Hilton Hotel Boston - Downtown Hotels & Casinos

15,586 visits/mo 0.1 miles

RH (Restoration Hardware) Home Improvements & Furnishings

13,933 visits/mo 0.5 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

$82.37 /SF/Yr

Avg Asking Price

$74.48–$85 /SF/Yr

Price Range

4,548 SF

Avg Space Size

This space is priced 3% above the average of $82.37 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this conventional restaurants located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Second-generation restaurant suite includes a fully built-out kitchen with venting and rear storage.

Where is this conventional restaurant located?

The property is located at 230 Tremont # C1 Boston, MA.

What is the lease rate?

The lease rate is $85 SF/Yr.

What are key features of this property?

This property features: 1,400 SF second‑generation restaurant space in Boston’s Theater District; Fully built‑out kitchen with venting for quick‑service food operations; Employee restroom included