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Licensed Restaurant Property
For Sale
$4,500,000

477-479 River St, Boston, MA 02126

Commercial restaurant asset with multiple hospitality licenses across from the Mattapan commuter rail station.

Property Size6,364 SF
Price / SF$707.10
Days on Market25

Property Features for 477-479 River St

General Information

Standard status Active
Size 6,364 SF

Additional Details

Land Use commercial, restaurant, entertainment, function hall
Liquor License Yes

Building Details

Year Built 1920
Listing Agency: Hartford Homes Realty of Boston
Listed By: Hamilton Rodrigues · License #REB.0018381
Source: Billskerry
Added: Aug 5 Changed: Aug 28 Last Checked: Aug 28 at 8:37AM

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 Hartford Homes Realty of Boston

Investment Insights

Based on property information with market context.

This 6,364-square-foot restaurant property was built in 1920 and includes a Full 2:00 AM Liquor License, Entertainment License, Restaurant License, and Function Hall License. The licensing package supports restaurant, entertainment, and event-related operations, subject to applicable verification and approvals.

The property is located at 477-479 River St, Boston, MA 02126, directly across from the Mattapan commuter rail station. Mattapan Square is nearby with retail, restaurants, banks, and neighborhood services, while the surrounding area includes parks, recreational areas, and the Neponset River corridor. The property is also positioned near the Dorchester, Hyde Park, Milton, and Roslindale neighborhoods.

Potential redevelopment, expansion, modernization, or alternative commercial use would require buyer due diligence, zoning review, permitting, and municipal approvals.

Key Highlights

  • 6,364‑square‑foot restaurant property built in 1920
  • Full 2:00 AM Liquor License included
  • Also includes Entertainment, Restaurant, and Function Hall Licenses

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon

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

Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 34% Shops & Services 29% Groceries 29% Electronics 5%
Burger King Dining
18,841 visits/mo 0.1 miles
America's Food Basket Groceries
15,984 visits/mo 0.1 miles
Mobil Shops & Services
8,775 visits/mo 0.1 miles
Chase Bank Shops & Services
7,290 visits/mo 0.0 miles
T-Mobile Electronics
3,054 visits/mo 0.1 miles

Demographics for 02126, MA

22,734
Population
9,617
Households
2.4
Avg Household Size
38
Median Age
24%
College-Educated
87%
High-School Grad
1.8 sq mi
ZIP Area
12,630
Density / Sq Mi
$67,206
Median Household Income
$42,397
Median Earnings
$1,659
Median Rent
$515,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial restaurant asset with multiple hospitality licenses across from the Mattapan commuter rail station.
Where is this conventional restaurant located?
The property is located at 477-479 River St Boston, MA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 6,364‑square‑foot restaurant property built in 1920; Full 2:00 AM Liquor License included; Also includes Entertainment, Restaurant, and Function Hall Licenses
More about this property
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