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Boston Retail Asset For Sale
For Sale
$1,229,000

63 Broad Street # 1 Boston, Boston, MA 02109

Retail space with basement warehouse in Boston's Financial District.

Property Size1,450 SF
Price / SF$847.59
Days on Market105

Property Features for 63 Broad Street # 1 Boston

General Information

Standard status Active
Size 1,450 SF
Zoning C
Lease Type Gross
Net Operating Income $63,249

Taxes and HOA fees

Annual Taxes $14,400

Building Details

Building Size 1,450 SF
Year Built 2000
Listing Agency:
Listed By: Stephen Rose
Source: Milestonerealtyinc
Added: May 16 Changed: Aug 28 Last Checked: Aug 28 at 8:03AM

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 Stephen Rose

Investment Insights

Based on property information with market context.

This property presents an opportunity to acquire a retail asset located in Boston’s Financial District, situated near multiple MBTA stations and Faneuil Hall. The property, suitable for conventional restaurants, restaurants, retail space, warehouses, and general commercial real estate, is currently leased to a restaurant through 2030 under a gross lease. The space is well-maintained and includes a basement warehouse, storage, and a prep area with a half bath. The property is surrounded by major financial and legal institutions and benefits from a daytime population of approximately 95,000 employees. The total property size is 1450 square feet. With the tenant’s final option exercised, there is potential to convert the lease to NNN. The property is located at 63 Broad Street # 1, Boston, MA 02109.

Key Highlights

  • Premier retail asset in Boston’s Financial District.
  • Leased to a thriving restaurant through 2030.
  • Steps from multiple MBTA stations and Faneuil Hall.

Property Analytics

Current Use

Courtyard Boston-South Boston Hotel & Motel The Bistro – Eat. Drink. ... Restaurant

Suggested Use

Top Pick Accounting Firm Pet Grooming Service Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Veterinary Clinic Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,501
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02109, MA

3,921
Population
2,719
Households
1.4
Avg Household Size
36
Median Age
88%
College-Educated
97%
High-School Grad
0.2 sq mi
ZIP Area
19,605
Density / Sq Mi
$177,500
Median Household Income
$100,889
Median Earnings
$3,501
Median Rent
$1,007,200
Median Home Value

Market

Vacancy Rate% for Industrial in Boston, MA

5.8% 2019
4.4% 2020
3.7% 2021
5.9% 2022
7.1% 2023
9.8% 2024
10.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Retail space with basement warehouse in Boston's Financial District.
Where is this conventional restaurant located?
The property is located at 63 Broad Street # 1 Boston Boston, MA.
What is the asking price?
The asking price for this property is $1,229,000.
What are key features of this property?
This property features: Premier retail asset in Boston’s Financial District.; Leased to a thriving restaurant through 2030.; Steps from multiple MBTA stations and Faneuil Hall.
More about this property
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