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Mixed-Use Building with Tavern
New
For Sale
$3,500,000

717-723 Centre St, Boston, MA 02130

Mixed-use property pairs an established tavern with recently constructed residential units.

Property SizeContact for details
Days on Market2

Property Features for 717-723 Centre St

General Information

Standard status Active
Property subtype Commercial
Zoning RC

Restaurant

Seating Capacity 150
Equipment Included No
Liquor License No

Additional Details

Furnished No
Asking Price $3,000,000

Taxes and HOA fees

Annual Taxes $30,600

Building Details

Year Built 1930
Year Renovated 2021
Buildings 1
Stories 3
Listing Agency: Bay Market Real Estate
Listed By: Chris Bernier
Source: Churchillprop
Added: Sep 5 Last Checked: Sep 5 at 2:56PM

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 Bay Market Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property combines a tavern operation with four residential units in a three-story building with basement storage. The original structure dates to 1930, while the residential addition was completed in 2021. The tavern includes a kitchen, entertainment license, full liquor license, and capacity for 150 people, with additional storage in the basement.

Each residence features a large living room, hardwood flooring, a custom kitchen with white cabinetry, quartz countertops, GE stainless appliances, in-unit laundry, custom-tile bathrooms, generously sized bedrooms, and substantial closet space. Individual heating, cooling, and hot-water systems serve each unit. The property is located at 717-723 Centre St in Boston and is zoned RC.

Key Highlights

  • Four residential units added in 2021
  • Tavern capacity for 150 people
  • Full liquor license and entertainment license

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store HVAC Service Pharmacy (Bike/Boat/Book/etc) Store Accounting Firm

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

1,664
Businesses Nearby

Demographics for 02130, MA

38,284
Population
18,802
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
3.5 sq mi
ZIP Area
10,938
Density / Sq Mi
$130,533
Median Household Income
$73,238
Median Earnings
$2,434
Median Rent
$763,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property pairs an established tavern with recently constructed residential units.
Where is this mixed-use property located?
The property is located at 717-723 Centre St Boston, MA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Four residential units added in 2021; Tavern capacity for 150 people; Full liquor license and entertainment license
More about this property
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