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Waterfront Restaurant Space
For Lease
$38 SF/Yr

J-350 Pleasant St, Watertown, MA 02472

Ground-floor premises include a commercial kitchen, multiple bars, private dining, and access to an exterior waterfront patio.

Space Size3,780 SF
Days on Market9

Property Features for J-350 Pleasant St

General Information

Standard status Active
Size 3,780 SF
Net Rentable 3,780 SF

Space & Availability

Available Space 3,780 SF
Contiguous Space 3,780 SF
Floor Ground
Space Use Restaurant

Restaurant

Commercial Hood Yes
Patio Yes
Equipment Included Yes
Liquor License Yes

Taxes and HOA fees

Annual Taxes $15,815
Listing Agency: Chase Hathaway Residential
Listed By: Tracy Johnson
Source: Exprealty
Added: Aug 22 Changed: Aug 29 Last Checked: Aug 29 at 1:59PM

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 Chase Hathaway Residential

Investment Insights

Based on property information with market context.

Located at WaterMills at 350 Pleasant Street in Watertown, this 3,780 SF ground-floor restaurant premises overlooks the Charles River and connects directly to an exterior waterfront patio. The fully built-out space includes open dining areas, a commercial kitchen with cooking equipment, exhaust hoods, refrigeration, stainless-steel preparation and washing areas, multiple bar areas, and restrooms. A centrally positioned private room supports private dining and functions, while the rear bar can serve separate events or expand the main seating area.

Cherry wood finishes distinguish both the primary and rear bars. An approved full liquor license is in place, subject to the incoming operator completing the required application and receiving licensing approval. The premises currently has a partial Certificate of Occupancy; furnishings and final municipal approval are required for a full certificate. Outdoor waterfront seating, tenant modifications, proposed operations, and patio use remain subject to applicable approvals. Existing equipment is available under mutually negotiated lease terms.

Key Highlights

  • 3, 780 SF of ground‑floor restaurant space at WaterMills
  • Waterfront setting with panoramic Charles River views and direct exterior patio access
  • Commercial kitchen with cooking equipment, exhaust hoods, refrigeration, and stainless‑steel prep and wash areas

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Accounting Firm Pharmacy Grocery & Convenience Store Nursing Home Clothing & Fashion Store Bar & Pub

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
Commercial hood
Yes
Liquor license
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,003
Businesses Nearby
114k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 41% Shops & Services 33% Dining 21% Beauty & Spa 4%
Stop & Shop Groceries
47,332 visits/mo 0.5 miles
Bertucci's Dining
10,950 visits/mo 0.5 miles
Speedway Shops & Services
9,142 visits/mo 0.2 miles
Starbucks Dining
8,578 visits/mo 0.4 miles
Bank of America Shops & Services
7,651 visits/mo 0.1 miles

Demographics for 02472, MA

35,392
Population
17,069
Households
2.1
Avg Household Size
39
Median Age
67%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
8,848
Density / Sq Mi
$123,383
Median Household Income
$77,537
Median Earnings
$2,356
Median Rent
$737,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Ground-floor premises include a commercial kitchen, multiple bars, private dining, and access to an exterior waterfront patio.
Where is this conventional restaurant located?
The property is located at J-350 Pleasant St Watertown, MA.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: 3, 780 SF of ground‑floor restaurant space at WaterMills; Waterfront setting with panoramic Charles River views and direct exterior patio access; Commercial kitchen with cooking equipment, exhaust hoods, refrigeration, and stainless‑steel prep and wash areas
More about this property
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