Restaurant Property in Financial
For Sale
$1,229,000
63 Broad Street #1, Boston, MA 02109
Retail asset leased to thriving restaurant in Boston's Financial District.
Property Size1,450 SF
Price / SF$847.59
Days on Market178
Property Features for 63 Broad Street #1
General Information
Standard status
Active
Size
1,450 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$14,400
Building Details
Year Built
2000
Listing Agency:
William Raveis R.E. & Home Services
(617) 322-3933
Listed By:
Austin Partain
Source:
Corcoran
Added: Feb 15
Changed: Aug 9
Last Checked: Jul 16 at 2:15AM
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 William Raveis R.E. & Home Services
Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire a retail asset in Boston’s Financial District, situated near multiple MBTA stations and Faneuil Hall. The property, totaling 1450 square feet, is currently leased to a restaurant through 2030 under a gross lease. The space is well-maintained and includes a basement area suitable for warehouse, storage, and prep purposes, along with a half bath. Located in an area surrounded by financial and legal institutions, the property benefits from a daytime population of approximately 95,000 employees. The tenant has exercised their final option, presenting the potential to convert the lease to NNN. The property is suitable for conventional restaurants, restaurants, warehouses, industrial properties, and general commercial real estate use.
Key Highlights
- Premier retail asset in Boston's Financial District.
- Leased to a thriving restaurant through 2030.
- Steps from MBTA stations and Faneuil Hall.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
24,086
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Retail asset leased to thriving restaurant in Boston's Financial District.
Where is this conventional restaurant located?
The property is located at 63 Broad Street #1 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 MBTA stations and Faneuil Hall.
