Newbury Street Retail Space - View Current Listings
Located in Boston's Back Bay area, this street spans from the Boston Public Garden to Massachusetts Avenue. The street gained its name from the Puritan victory of the Battle of Newbury during the English Civil War. Until the early 1900s, it remained a residential area. Many of the original Victorian brownstone homes from the 1800s are still lining areas of the street. By the 1920s, lower Newbury Street became a popular destination for society's upper crust. Boutique stores selling clothing and accessories stated appearing at that time, and more businesses sprouted quickly as the popularity of existing shops grew.
There are several iconic landmarks on the street. The current Taj was once the famous Ritz Carlton Hotel of Boston. A building housing a Montessori school today was once the original Exeter Street Theater, which was one of Boston's most popular theaters for 70 years. The area did not officially become a shopping district until the 1970s. At that time, Newbury Comics appeared in the area. After that, more shops began appearing. Most stores were clothing and accessory shops before that time, but the area today is home to wide variety of salons, boutiques and dining venues.
Modern Newbury Street attracts both locals and tourists. People visiting the area come for the shopping experience and benefits of having a large variety of independently-owned stores within a small area. The restaurants in the neighborhood also strive to maintain the reputation of being one of Boston's overall best dining neighborhoods for both variety and quality. When looking for larger pieces of commercial real estate or a smaller retail space in the area, businesses have access to a variety of choices. The area is already a known dining and shopping hot spot, so one advantage of buying or leasing a commercial space in the area is that there is already a steady stream of potential customers at all times.
Commercial real estate space on Newbury Street usually goes fast, so it can be difficult to find the right spot without some expert help. The professionals at BCP can help shoppers find exactly what they are looking for. Several businesses that started on Newbury Street expanded to grow into multi-location companies. Whether business owners are looking to stay small or start small and grow, there are plenty of retail spaces and restaurant locations to meet any need. There are some larger locations, but the majority of the area's spaces are boutiques.
Commercial real estate spaces here are often priced higher than some of Boston's neighborhoods, but the prices are well worth it for the prime location and constant stream of shoppers who are ready to spend. The only difficult part of the process is finding the ideal spot. Do not waste time browsing outdated listings or trying to look for spaces alone. Finding that perfect retail location may take a little time, so start browsing as early as possible. Boston City Properties keeps up-to-date information about current listings and what each one has to offer. Let the experts help find the right size of space and the perfect location.
Finding retail space to buy or lease on Newbury Street in Boston's Back Bay neighborhood can be pretty overwhelming. As ground zero for this prestigious neighborhood's bustling commercial district, competition for prime retail space along this corridor is incredibly fierce. The best way to find what you need is by signing up to search Boston City Properties' free, constantly updated database of retail property listings. We have many other resources available to help you with your search, so you can easily find a suitable option along this busy commercial thoroughfare.
About Newbury Street
Running east to west from the Boston Public Garden to Brookline Avenue, the commercial stretch of Newbury Street is among the liveliest in Back Bay. Down near the end that is close to the Public Garden, retail establishments tend to be very upscale in nature. It's where you'll find retailers like Tiffany & Co. and Cartier. As you move east toward Massachusetts Avenue, things become a bit trendier and more eclectic. Here, you'll find the famous brownstones as well as all kinds of shops, boutiques and restaurants.
Many retail establishments along Newbury Street are housed in finely maintained Victorian brownstones. You will find retail space that is at the basement level, at the street level and above street level. Although conventional wisdom states that prices for retail space in Back Bay are exorbitant, the truth is that there are options to suit virtually any budget. Many retail properties here offer approximately 25 feet of space between the building and the sidewalk, and retailers use this space in a variety of unique ways. Many are decorated with beautiful plants and flowers while others are used for sale displays and the like. Many times of year, retailers engage in sidewalk sales and take advantage of this extra space.
Tips for Finding Newbury Street Retail Space
Buying or leasing retail space along Newbury Street in Back Bay doesn't have to be difficult. By keeping a few things in mind, your search is sure to go off without a hitch:
• Get Help - Before doing anything else, sign up to get immediate, free, unlimited access to Boston City Properties' searchable database of commercial real estate listings. From the comfort of home, you can quickly check availability for retail space for sale and for lease on this bustling corridor.
• Set a Budget - Know how much you can afford before searching for retail space. Whether you are leasing or buying, determine how much you can afford for a monthly payment. You can even limit your search to listings that fall within your price range.
• Know How Much Space You Need - Another important thing to know from the outset is how much space you will need. Be realistic about this, and give it plenty of thought. The last thing that you want is to end up with too little space or to pay for extra space that you don't need.
• Choose Top Contenders - Narrow things down to three to five especially viable options. You can then focus on researching them fully to zero in on the one that suits your needs the best.
• Negotiate - Finally, it will be time to make an offer. Whether buying or leasing, negotiations will most likely occur. Boston City Properties can put you in touch with a real estate expert in Back Bay who can assist you with negotiations and more.
How Boston City Properties Can Help
Without question, the best tool that you have in your arsenal while searching for retail space on Newbury Street is your connection with Boston City Properties. In addition to giving you free, unlimited access to our searchable commercial real estate listings, we have experienced commercial real estate experts in Back Bay who know Newbury Street inside and out. When the time is right, call us to be put in touch with an agent who can assist you. They can take you to look at commercial properties on Newbury Street in person and get answers to any questions that you may have. As mentioned earlier, they can also assist in negotiations and even help you through the closing process. For more info, call Boston City Properties today.