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Ground-Floor Retail Space
For Lease
$125 SF/Yr

5-9 School St, Boston, MA 02108

Flexible commercial space with direct street access, restroom facilities, and infrastructure supporting select food-service concepts.

Space Size2,266 SF
Days on Market11

Property Features for 5-9 School St

General Information

Standard status Active
Size 2,266 SF
Net Rentable 2,266 SF

Space & Availability

Available Space 2,266 SF
Contiguous Space 2,266 SF
Floor Ground

Amenities

two single-occupancy restrooms
modern electrical service
gas heating system installed in 2022
two direct entrances on School Street
walk-in cooler
black iron venting system
updated grease trap
drains

Building Details

Year Built 1899
Listing Agency: M7 Real Estate Group
Listed By: Antonio J. Lopes
Source: Alpernandmesenbourg
Added: Aug 22 Changed: Aug 30 Last Checked: Aug 30 at 8:54PM

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 M7 Real Estate Group

Investment Insights

Based on property information with market context.

This 2,266-square-foot retail space occupies the ground floor of the Old Corner Bookstore, a historic commercial landmark in Boston’s Downtown Crossing. The premises include two direct entrances on School Street, two single-occupancy restrooms, modern electrical service, and gas heat installed in 2022. The layout can accommodate specialty retail, galleries, showrooms, literary or cultural concepts, and other low-impact commercial uses.

Existing food-service infrastructure expands the range of potential configurations, with a walk-in cooler, black iron venting, an updated grease trap, and drains already in place. The property is part of Boston’s Freedom Trail, Literary Trail, and Women’s Heritage Trail, and ownership will prioritize operations compatible with the building’s historic character.

Key Highlights

  • 2,266‑square‑foot ground‑floor retail space at the Old Corner Bookstore
  • Two direct entrances on School Street
  • Two single‑occupancy restrooms and modern electrical service

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nail Salon Hair Salon Spa & Massage Center Kitchen & Bath Showroom Food Market Carpet & Flooring 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
$18.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,958
Businesses Nearby
100k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 34% Groceries 30% Dining 22% Home Improvements & Furnishings 14%
Whole Foods Market Groceries
30,332 visits/mo 0.2 miles
Shell Shops & Services
17,479 visits/mo 0.5 miles
Ninety Nine Restaurants Dining
12,771 visits/mo 0.2 miles
Dunkin' Donuts Dining
8,449 visits/mo 0.2 miles
Charlestown Ace Home Improvements & Furnishings
7,903 visits/mo 0.2 miles

Demographics for 02108, MA

4,228
Population
2,473
Households
1.7
Avg Household Size
38
Median Age
77%
College-Educated
100%
High-School Grad
0.3 sq mi
ZIP Area
14,093
Density / Sq Mi
$212,664
Median Household Income
$95,688
Median Earnings
$2,692
Median Rent
$1,570,400
Median Home Value

Market

Lease Benchmarks for Boston, MA

$72.06 /SF/Yr
Avg Asking Price
$13.64–$200 /SF/Yr
Price Range
4,393 SF
Avg Space Size

This space is priced 73% above the average of $72.06 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial space with direct street access, restroom facilities, and infrastructure supporting select food-service concepts.
Where is this retail space located?
The property is located at 5-9 School St Boston, MA.
What is the lease rate?
The lease rate is $125 SF/Yr.
What are key features of this property?
This property features: 2,266‑square‑foot ground‑floor retail space at the Old Corner Bookstore; Two direct entrances on School Street; Two single‑occupancy restrooms and modern electrical service
More about this property
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